MOHAMED UMAR

•⁠ ⁠⁠Led comprehensive financial close cycles monthly, quarterly, annual, guaranteeing precision in ledger entries, accruals, and intercompany dealings.
•⁠ ⁠Ensured adherence to Saudi tax regulations by diligently preparing and submitting VAT and Withholding Tax returns.
•⁠ ⁠Optimized Accounts Payable by streamlining invoice processing and payment scheduling for both local and international suppliers.
•⁠ ⁠Executed meticulous vendor account reconciliations to uphold precise financial records.
•⁠ ⁠Performed detailed monthly payroll reconciliations to ensure consistency between employee compensation and financial records.
•⁠ ⁠Implemented effective customer collections strategies, leveraging aging reports and collaborating with sales to boost cash flow.
•⁠ ⁠Oversaw fixed asset management from acquisition to disposal, in compliance with accounting standards.
•⁠ ⁠Supported audit processes with comprehensive preparation of audit schedules and documentation for internal and external auditors.
•⁠ ⁠Conducted thorough monthly expense analysis and reconciled prepaid accounts for fiscal discipline.
•⁠ ⁠Maintained and reconciled inter-affiliate financial transactions to ensure transactional integrity across divisions.

•⁠ ⁠Assisted with tax preparation and filing, including the calculation of tax liabilities and credits.
•⁠ ⁠Processed payroll, including the calculation of wages, benefits, and deductions in a timely manner.
•⁠ ⁠Performed bank reconciliations and maintained accurate records of company transactions and financial positions.
•⁠ ⁠Assisted with tax preparation and filing, including the calculation of tax liabilities and credits.
•⁠ ⁠Implemented and monitored internal controls to safeguard company assets and ensure the integrity of financial data.
•⁠ ⁠Utilized accounting software to streamline financial processes and improve reporting efficiency.
•⁠ ⁠Collaborated with external auditors during annual audits to provide necessary documentation and explanations.
•⁠ ⁠Managed full-cycle accounting duties, ensuring accuracy in financial reporting and compliance with accounting standards.

•⁠ ⁠⁠ Prepare journal entries and maintain the general ledger to ensure accuracy of financial transactions.
•⁠ ⁠⁠Assist with internal and external audits by providina necessary documentation and explanations.
•⁠ ⁠⁠Continuously update skills and knowledge in accounting standards and regulations.
•⁠ ⁠Monitor and report on any discrepancies or irregularities found in accounting records.
•⁠ ⁠Assist with monthly financial reporting, including balance sheets, income statements, and cash flow statements.
•⁠ ⁠Reconcile bank statements and manage accounts payable and receivable to maintain financial integrity.
•⁠ ⁠Participate in the budgeting process, comparing actual performance against budget forecasts.
•⁠ ⁠Support the preparation of tax returns and ensure compliance with local, state, and federal regulations.
•⁠ ⁠Utilize accounting software to input and manage financial data efficiently.
•⁠ ⁠Analyze financial data and create detailed reports to help inform management decisions.