Khalid Alotaibi FMVA in progress, Finance Project Accountant

Khalid Alotaibi FMVA in progress

Finance Project Accountant

Neom Company

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Administration And Information Systems
Experience
12 years, 6 Months

Share My Profile

Block User


Work Experience

Total years of experience :12 years, 6 Months

Finance Project Accountant at Neom Company
  • Saudi Arabia - Tabouk
  • My current job since December 2023

• Monitoring actual costs against the budget.
• Tracking project expenditures and ensuring they are within budget.
• Recording and allocating costs accurately.
• Managing purchase orders and invoices related to the project.
• Preparing and presenting financial reports to project managers and stakeholders.
• Compiling monthly, quarterly, and annual financial statements related to the project.
• Ensuring compliance with company policies, procedures, and relevant regulations.
• Supporting internal and external audits by providing necessary documentation and explanations.
• Working closely with project managers, team members, and other stakeholders.
• Communicating financial status and issues effectively.
• Utilizing accounting software and project management tools to track and report on financial data.
• Ensuring data integrity and accuracy within these systems.
• Reconciling accounts payable ledger with the general ledger.
• Conducting regular reconciliations of supplier statements with company records.
• Matching invoices with purchase orders and receiving reports.
• Ensuring the accuracy of invoice details, such as amounts, dates, and terms.

financial accountant at Al Faisaliah Group
  • Saudi Arabia - Riyadh
  • March 2022 to December 2023

Conduct thorough financial analysis and interpret data to provide accurate insights and recommendations to
support strategic decision-making for the organization.
Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements.
Monitor Key Performance Indicators (KPIs) and financial metrics to assess the company's financial health and
performance against targets and industry benchmarks.
Assist in the preparation of financial reports for executive management, shareholders, and stakeholders.
Evaluate investment opportunities and conduct risk assessments to aid in investment decision-making and
portfolio management.
Perform in-depth analysis of revenue and cost drivers, pricing strategies, and profitability to identify opportunities
for optimizing business operations and increasing profitability.
Support the finance team in month-end and year-end closing activities, including reconciliations, accruals, and
financial statement preparation.

Senior Accountant at Al Rajhi Development Company
  • Saudi Arabia - Riyadh
  • December 2019 to February 2022

Led and supervised the accounting team to ensure the accurate and timely completion of financial tasks.
Prepared and presented financial statements, reports, and analyses to management and stakeholders.
Managed month-end and year-end closing processes, reconciling accounts and resolving discrepancies.
Oversaw the preparation of tax returns and ensured compliance with relevant tax regulations.
Implemented and maintained accounting systems and procedures to improve efficiency and accuracy.
Conducted financial audits and collaborated with auditors to ensure adherence to accounting standards.
Analyzed financial data to identify trends, risks, and opportunities for cost savings.

Project Accountant & Financial Controller at Alrajhi Bank
  • Saudi Arabia - Riyadh
  • May 2017 to December 2018

Oversaw the preparation and analysis of financial reports, and ensured compliance with accounting standards.
Conducted regular financial reviews and provided strategic recommendations to senior management.
Led the accounting team in maintaining the general ledger and reconciling accounts to ensure data integrity.
Implemented efficient financial controls and internal audit procedures to prevent fraudulent activities.
Collaborated with external auditors during the annual audit, addressed inquiries, and facilitated a smooth audit process.
Monitored cash flow and liquidity to make informed decisions regarding investments and working capital management.
Reviewed and approved financial transactions, including vendor payments, payroll, and expense reimbursements.

Accounting Officer at Almarai
  • Saudi Arabia - Alkharj
  • October 2014 to May 2017

Prepared and maintained financial records and documents.
Processed financial transactions, including invoices, payments, and expenses.
Reconciled bank statements and performed regular financial reconciliations.
Assisted in the preparation of financial statements and reports.
Conducted audits to ensure accuracy and compliance with accounting standards.
Managed accounts payable and accounts receivable functions.
Handled payroll processing and related tax filings.

Accountant at Obeikan paper industries
  • Saudi Arabia - Riyadh
  • January 2011 to October 2014

Managed financial records and transactions to ensure accurate and up-to-date bookkeeping.
Prepared and analyzed financial statements, such as balance sheets and income statements.
Conducted periodic audits to verify the accuracy of financial data and identify discrepancies.
Assisted in the preparation of annual budgets and financial forecasts.
Processed accounts payable and accounts receivable transactions efficiently.
Reconciled bank statements and resolved any discrepancies found.

Education

Bachelor's degree, Administration And Information Systems
  • at Arab Open University - Saudi Arabia
  • December 2024

Expected graduation in Dec-2024

Higher diploma, Finance
  • at Riyadh polytechnic institute
  • April 2014

High Diploma in Finance

Specialties & Skills

Financial Expertise
Decision Making
Data Analysis
Financial Management
Master Data Management
Work under pressure
SAP Hana
Microsoft Office
Sharing Ideas
Communication skills
Teamwork skill
Oracle ERP
SAP ERP

Languages

English
Expert
Arabic
Expert

Memberships

CFI
  • Financial courses
  • May 2021

Training and Certifications

Anti-money laundering (Certificate)
Date Attended:
October 2017
communication Skills (Certificate)
Date Attended:
March 2014
Valid Until:
January 9999
effective communication (Certificate)
Date Attended:
February 2014
Valid Until:
January 9999
time managament (Certificate)
Date Attended:
February 2014
Valid Until:
January 9999
career success (Certificate)
Date Attended:
March 2014
Valid Until:
January 9999