Summary
Overview
Work History
Education
Skills
Timeline
Generic
OMAR ALSAHAN

OMAR ALSAHAN

Senior Accountant

Summary

Results-driven accountant experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.

Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

5
5
years of professional experience

Work History

Financial Controlling & Reporting

NEOM
02.2023 - Current
  • Played a key role in successful audits by providing comprehensive documentation and addressing inquiries in a timely manner.
  • Supported management decision-making with relevant financial data analysis, preparing detailed reports for review.
  • Increased efficiency of the accounting department by automating manual tasks, saving time, and reducing human error.
  • Performed journal entries, month-end closing procedures, balance sheet and P&L reconciliations.
  • Contributed to the successful implementation of a new module in SAP system, leading to improved data accuracy and streamlined reporting capabilities.
  • Coordinated day-to-day financial procedures for 8 departments and trained new staff on accrual procedures.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Setup accounts, ledgers and reporting systems per IFRS standards and regulatory requirements.

Senior Accountant

Arthur D. Little
04.2022 - 02.2023
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Established strong relationships with banking partners to facilitate access to various financial services and secure favorable lending terms for the organization.
  • Supported department objectives by participating in cross-functional projects with other departments as needed.
  • Improved cash flow management with efficient accounts receivable and payable processes, ensuring timely collections and payments.
  • Maintained compliance with ZATCA tax laws by staying informed about changes and filing all required forms accurately and promptly.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Provided journal entries and performed accounting on accrual basis.

Senior Accountant

Solvay
03.2021 - 03.2022
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Collaborated with internal and external auditors to ensure compliance with financial reporting standards.
  • Supported financial director with special projects and additional job duties.
  • Prepared financial statements, Balance Sheet - P&L - Cash Flow.
  • Prepared month-end variance analysis on financial results.
  • Supported budgeting efforts by providing detailed reports on fixed asset additions, disposals, and transfers.
  • Ensured accurate recordkeeping by updating the fixed asset register with changes in cost, accumulated depreciation, net book value, and useful life estimates as needed.
  • Trained new employees on accounting principles and company procedures.
  • Managed POs, expense reports and end-of-month financial accruals.

Accountant

NESR
11.2018 - 07.2021
  • Prepared bank reconciliations on a monthly basis.
  • Streamlined bookkeeping procedures to increase efficiency and productivity.
  • Collaborated with sales team to ensure accurate invoicing and timely collections, resulting in improved cash flow.
  • Conducted regular reviews of aged accounts receivable reports, ensuring timely follow-up on past due balances.
  • Improved invoice processing time by creating a standardized template for all departments to use when submitting expenses.
  • Supported management by processing invoices and documents with consistent on-time delivery.

Accountant

Solvay
07.2019 - 03.2021
  • Strengthened internal controls by adhering to company policies and procedures regarding accounts payable processes.
  • Collaborated with procurement team to ensure accurate purchase order issuance, enhancing overall process efficiency.
  • Managed high-volume invoice processing efficiently, maintaining a consistent record of timely payments.
  • Maintained accurate vendor records, ensuring proper tax compliance and streamlined communication channels.
  • Contributed to financial reporting accuracy by reconciling accounts payable general ledger accounts monthly.
  • Collaborated with cross-functional teams to ensure accurate indirect tax treatment of new products and services.
  • Prepared direct (WHT) & indirect tax (VAT) filings compliant with ZATCA regulations.

Education

Bachelor of Science - Finance

Prince Mohammed Bin Fahad University
Saudi Arabia
04.2001 -

Course in International Financial Reporting Standa - Accounting

LEORON INSTITUTE
04.2001 -

Course in Certified Management Accounting (CMA) -

Gleim
04.2001 -

Skills

    Closing procedures

    SOX Compliance

    Auditing procedures

    IFRS Knowledge

    General ledger accounting

    Account Reconciliation

    SAP Experience

    Tax law knowledge

    Advanced Excel

    Timeline

    Financial Controlling & Reporting

    NEOM
    02.2023 - Current

    Senior Accountant

    Arthur D. Little
    04.2022 - 02.2023

    Senior Accountant

    Solvay
    03.2021 - 03.2022

    Accountant

    Solvay
    07.2019 - 03.2021

    Accountant

    NESR
    11.2018 - 07.2021

    Bachelor of Science - Finance

    Prince Mohammed Bin Fahad University
    04.2001 -

    Course in International Financial Reporting Standa - Accounting

    LEORON INSTITUTE
    04.2001 -

    Course in Certified Management Accounting (CMA) -

    Gleim
    04.2001 -

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    OMAR ALSAHANSenior Accountant