SALEM ALOLAYAN
Al Khobar
Summary
Organized Senior Accountant with 5 years of managing accurate accounting information, tax return support, bookkeeping and corporate operations. Astute financial professional with keen eye for detail and high level of integrity. Works well in large teams in corporate environments.
Overview
6
6
years of professional experience
Work History
Lead Accountant
NMDC ENERGY
02.2025 - Current
- Contributed to successful audits by maintaining organized records and providing timely support to external auditors.
- Increased transparency in financial reporting by creating user-friendly reports tailored to different stakeholder groups within the organization.
- Supported executive decision-making with detailed financial analyses, including variance explanations and trend identification.
- Served as a trusted advisor to executive management, providing valuable financial insights and recommendations based on data analysis.
Senior Accountant
National Petroleum Construction Company
01.2023 - Current
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
- Conducted audits on financial processes and transactions to identify discrepancies.
- Partnered with auditors to prepare yearly audits and ensure compliance with governmental tax guidelines.
- Prepared and distributed financial statements and reports, including variance reports, regulatory filings and related schedules.
- Created and implemented procedures and best practices for bank reconciliation process.
- Analysed monthly balance sheet accounts for corporate reporting.
- Prepared monthly bank reconciliations.
- Assist Human Resources team with payroll process.
- Prepared monthly profit and loss, balance sheet and cash flow reports with exceptional accuracy.
Accountant
National Petroleum Construction Company
07.2019 - 01.2023
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Updated journal entries and accounts on accrual basis.
- Prepared VAT and income tax forms for commercial and individual clients.
- Filed tax returns and prepared governmental reports in compliance with strict standards.
Junior Accountant
National Petroleum Construction Company
11.2018 - 07.2019
- Post and process journal entries to ensure all business transactions are recorded
- Update accounts payable and perform reconciliations
- Update accounts receivable and issue invoices
- Assist in processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines
- Assist with reviewing of expenses and payroll records.
Education
BBA - Business Administration, Accounting and Management
Skills
- International Financial Reporting Standards
- Generally accepted accounting principles
- Excel proficiency
- Administrative support
- Account reconciliation
- VAT returns
- Invoice preparation
- Cash Flow analysis
- Accounts Payable and Receivable
- ERP (Enterprise Resource Planning) software
- Payroll processing
- Financial reporting
- Invoice coding familiarity
- Month-end processes
- Closing processes
Personal Information
Education
GPA: 3.25 / 4.0
Name & contact
Timeline
Lead Accountant - NMDC ENERGY
02.2025 - Current
Senior Accountant - National Petroleum Construction Company
01.2023 - Current
Accountant - National Petroleum Construction Company
07.2019 - 01.2023
Junior Accountant - National Petroleum Construction Company
11.2018 - 07.2019
Mount Saint Vincent University - BBA, Business Administration, Accounting and Management
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