OMAR LOTFY
Riyadh
Overview
2
2
years of professional experience
Work history
Accountant & Internal Auditor
Smart Window
, Saudi arabia
2025.08 - 2026.03
- Financial Record-Keeping and Bookkeeping: Maintaining accurate records of income, expenses, assets, and liabilities using software like QuickBooks or SAP. This includes daily transactions, reconciliations, and ensuring data integrity.
- Financial Reporting: Preparing and auditing financial statements (e.g., balance sheets, income statements, and cash flow reports) in line with SOCPA standards, which align with IFRS (International Financial Reporting Standards).
- Tax Compliance and Preparation: Calculating and filing income tax, value-added tax (VAT), and Zakat (a mandatory Islamic almsgiving tax on wealth). This involves understanding GAZT rules, including exemptions for certain businesses and deadlines (e.g., Zakat returns by the end of the fiscal year).
- Budgeting and Forecasting: Assisting in creating budgets, financial forecasts, and cost analyses to support business decisions. This often includes variance analysis to track performance against plans.
- Audit Planning and Execution: Develop audit plans, conduct fieldwork (e.g., interviews, data analysis, and testing), and document findings.
- Reporting Findings: Prepare clear, objective reports for management, the audit committee, or board, highlighting issues, root causes, and actionable recommendations.
- Follow-Up: Monitor the implementation of audit recommendations and verify corrective actions
Accountant
Creativity Caravans for Contracting and Mechatronics
Remote from Egypt, Saudi arabia
2024.12 - 2025.08
- Financial Record-Keeping and Bookkeeping: Maintaining accurate records of income, expenses, assets, and liabilities using software like QuickBooks or SAP. This includes daily transactions, reconciliations, and ensuring data integrity.
- Financial Reporting: Preparing and auditing financial statements (e.g., balance sheets, income statements, and cash flow reports) in line with SOCPA standards, which align with IFRS (International Financial Reporting Standards).
- Tax Compliance and Preparation: Calculating and filing income tax, value-added tax (VAT), and Zakat (a mandatory Islamic almsgiving tax on wealth). This involves understanding GAZT rules, including exemptions for certain businesses and deadlines (e.g., Zakat returns by the end of the fiscal year).
- Budgeting and Forecasting: Assisting in creating budgets, financial forecasts, and cost analyses to support business decisions. This often includes variance analysis to track performance against plans.
Junior Accountant & Internal Auditor
Outserving Plus
, Egypt
2024.01 - 2024.12
- Recording Financial Transactions: Entering invoices, receipts, and payments into accounting software (e.g., QuickBooks or SAP) to maintain accurate ledgers.
- Assisting with Bookkeeping: Reconciling bank statements, tracking expenses, and ensuring petty cash records are up to date.
- Preparing Financial Reports: Compiling basic reports like balance sheets, income statements, or expense summaries for review by senior staff.
- Tax Preparation Support: Gathering documents and assisting with simple tax filings, such as VAT returns or basic income tax calculations.
- Auditing and Compliance: Performing routine checks for accuracy, ensuring adherence to accounting standards (e.g., GAAP or IFRS), and flagging discrepancies.
- Payroll Assistance: Calculating employee wages, deductions, and benefits, and processing payroll data.
- Inventory Management: Tracking stock levels, valuing inventory, and reconciling physical counts with records.
- Administrative Tasks: Filing documents, responding to vendor inquiries, and supporting month-end or year-end closings.
- Audit Planning and Execution: Develop audit plans, conduct fieldwork (e.g., interviews, data analysis, and testing), and document findings.
- Reporting Findings: Prepare clear, objective reports for management, the audit committee, or board, highlighting issues, root causes, and actionable recommendations.
- Follow-Up: Monitor the implementation of audit recommendations and verify corrective actions
- Egypt
Education
Bachelor of Laws - LLB - law
Cairo University
Cairo 2018.06 - 2022.07
Bachelor of Commerce - Commerce
Cairo University
Cairo 2025.05 -
Skills
- Debt management capabilities
- Proficient in quickbooks
- Competent erp user
- Cash flow projection
- Ethical compliance
- Audit procedures understanding
- Time management excellence
- Accounts receivable maintenance
- Exceptional numerical aptitude
- Financial reporting expertise
- VAT return preparation
- Balance sheet competency
- Cash book reconciliation
- Taxation knowledge
- Cost allocation
- Financial Forecasting
- Financial modelling
- Payroll administration
- ACCA Qualified
- Budget forecasting expertise
- Data analysis
- Financial planning
- Database management
Timeline
Accountant & Internal Auditor
Smart Window
2025.08 - 2026.03
Bachelor of Commerce - Commerce
Cairo University
2025.05 -
Accountant
Creativity Caravans for Contracting and Mechatronics
2024.12 - 2025.08
Junior Accountant & Internal Auditor
Outserving Plus
2024.01 - 2024.12
Bachelor of Laws - LLB - law
Cairo University
2018.06 - 2022.07