Kareem Mostafa

[email protected] • +966 (0) 598 874 915 • Al-Nuzha District - Riyadh - Saudi Arabia

PROFESSIONAL SUMMARY

Results-driven Senior Accountant with extensive experience managing full-cycle accounting across multiple entities in manufacturing and retail sectors. Expert in optimizing financial processes and implementing ERP systems .Proven leader skilled in supervising teams, ensuring IFRS compliance, and driving strategic financial planning to support business growth and regulatory adherence. Adept at managing audits, budgets, cash operations, and tax compliance to deliver accurate, timely financial insights that empower informed decision-making.

WORK EXPERIENCE

Senior Accountant
11/2023 - Present
Al-Misan Business Services Company
• Restructured and optimized the full accounting and documentation cycle across multiple entities, improving workflow efficiency and compliance
• Designed and implemented accounting systems, including chart of accounts, cost centers, and profitability analysis models
• Managed full-cycle bookkeeping, ensured accuracy in general ledger entries, and maintained supporting financial documentation
• Recorded all financial transactions, prepared trial balances, and performed inventory adjustments and account reconciliations
• Prepared financial statements in full compliance with IFRS, supporting accurate and timely reporting
• Led month-end and year-end closings, including adjusting entries, accruals, and final account reviews
• Supervised and reviewed junior accountants’ work to ensure internal policy and financial accuracy
• Developed budgets and forecasts, performed variance analysis, and supported financial planning
• Maintained fixed asset registers, handled depreciation, and ensured accurate asset valuation and compliance with legal ratios
• Oversaw cash and banking operations, including daily cash positioning, bank reconciliations, loan and facility bookings, and handling LCs and guarantees
• Managed cash flow forecasting and planning to ensure liquidity and timely financial obligations
• Prepared and submitted tax returns: VAT, withholding tax, corporate income tax, and zakat, in accordance with local regulations
• Handled VAT refund claims and ensured timely and compliant recovery of input VAT through the ZATCA portal
• Coordinated and responded to tax audits and examinations conducted by the Zakat, Tax and Customs Authority (ZATCA), preparing supporting documentation and addressing queries effectively
• Generated monthly, quarterly, and annual reports on tax payments, zakat obligations, and regulatory compliance
• Conducted in-depth financial analysis and reporting, providing actionable insights to support strategic decision-making
• Prepared and maintained aging reports for accounts receivable and payable to support credit and payment management
• Maintained strong internal controls, safeguarded financial data, and ensured regular backups and security protocols
• Supported internal and external audit processes, including documentation preparation and follow-ups
Audit Associate
06/2019 - 09/2023
Smart Guide Consulting
• Reviewed financial documents and records carefully to ensure their accuracy, ensuring that financial transactions comply with accounting standards and regulations
• Participated in gathering the necessary evidence and documentation to support audit findings by communicating with various teams and clients to obtain all required data
• Verified the effectiveness of the internal financial control system by reviewing internal processes and ensuring they align with established financial policies
• Drafted audit reports that present preliminary results, including any violations discovered, and provided recommendations to management
• Assisted in the daily review of accounting records, such as payments, sales, and purchases, ensuring that every accounting entry is supported by the required documentation
• Reviewed and analyzed preliminary financial data, such as the trial balance, income statement, and balance sheet, to ensure the accuracy of accounts and their compliance with international standards
• Participated in auditing bank accounts by conducting daily bank reconciliations and reviewing banking transactions to ensure they match company records
• Assisted in conducting inventory audits to ensure that financial records match actual inventory, verifying the accuracy of inventory costs and accounts
• Prepared analytical reports on accounts receivable and payable aging, and monitored outstanding collections to ensure timely settlement of accounts
• Assisted in preparing and analyzing tax returns, ensuring the company complies with local tax laws and regulations
General Accountant
06/2019 - 09/2023
Smart Guide Consulting
• Managed daily bookkeeping operations with accuracy, including recording journal entries, updating general ledgers, and reviewing trial balances to ensure account balance and accuracy
• Prepared financial statements in accordance with International Financial Reporting Standards (IFRS), ensuring compliance with internal controls and both external and internal audit requirements
• Managed daily bank reconciliation operations, including reviewing banking transactions and accurate reconciliation between bank records and company records
• Maintained and updated fixed asset records, including depreciation calculation and conducting periodic physical inventory of assets to ensure accurate valuation
• Comprehensive supervision of inventory accounting operations, including periodic reconciliations, physical inventory counts, and updating inventory cost
• Prepared analytical reports on accounts receivable and payable aging, with follow-up on outstanding collections and supplier payments
• Recorded daily sales and purchase transactions, including preparing allowances for doubtful debts and performing necessary accounting treatments
• Managed provisions and reserves accounts, including the accounting treatment for finance lease contracts according to IFRS 16
• Prepared accounting treatments for end-of-service benefits in accordance with IAS 19, and performed necessary adjustments for accounting profit and tax profit
• Managed and analyzed payroll data and deductions, ensuring compliance with local laws
• Prepared financial reports and analyzed company performance for senior management
• Managed tax ledgers and calculated obligations related to VAT, withholding tax, payroll tax, and annual income tax
• Prepared and submitted tax declarations in compliance with local laws through electronic tax platforms
• Prepared monthly tax reports and provided detailed reports on obligations and amounts due
• Managed tax payment reconciliations and accuracy for all tax categories
• Organized and documented tax files to facilitate audit and review processes
• Supported tax audit processes and assisted with appeals and internal reviews to ensure compliance
Junior Accountant - training
04/2018 - 01/2019
Mr. Sayed Mohamed Ibrahim for Auditing
• Accounting bookkeeping, recording financial operations and daily settlements, and preparing a trial balance
• Preparing tax declarations (value added, withholding tax, annual income)
• Preparing and processing files for tax examinations
• Corporate field audit
• Establishing all companies and dealing with all government departments

EDUCATION

Bachelor's Degree in Accounting
05/2019
Beni Suef University

SKILLS

CERTIFICATIONS

IFRS Financial Reporting Standards from ESAA
Fundamentals of Data Analysis in Excel
Microsoft Dynamics 365 B.C. Functional Consultant Associate
International Computer Driving Certificate (ICDL)
English -AUC

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