باسل عطاري

Chief Accountant with 11+ years of progressive experience in financial reporting, IFRS & GAAP compliance, VAT/ZATCA regulations, ERP systems, and financial operations across logistics, events, and contracting sectors. Proven track record of recovering SAR 10M in overdue receivables, identifying SAR 2M in cost-saving opportunities, and contributing to SAR 8M in working capital financing. Experienced in leading month-end close, optimizing cash flow, strengthening internal controls, and delivering audit-ready financial statements that drive strategic decision-making and business growth.

Chief Accountant at Mrkas Company (2025-10 – Present)

Integrated Security & Logistics Solutions Provider

• Assessed cost drivers across 15 logistics projects, identifying SAR 2M in annual savings through vendor contract reviews, supplier negotiations, and enhanced cost-control measures.
• Audited freight and storage invoices using SMAAC ERP against contracts and supporting documents, identified billing discrepancies, and supported supplier negotiations to secure more competitive pricing and reduce logistics costs.
• Reconciled shipping documents, delivery notes, and logistics service reports with financial records, strengthening internal controls and ensuring accurate Zakat reporting and compliance with ZATCA requirements.
• Initiated and led a structured collections improvement process that recovered 50% of overdue receivables, collecting SAR 10M within 9 months from 6 key clients, while enhancing cash flow and working capital efficiency.
• Managed quarterly VAT filings for logistics, achieving 100% on-time submission and zero penalties.
• Compiled 4 quarterly IFRS-compliant financial reporting packages annually, including the Balance Sheet, Income Statement, Cash Flow Statement, and supporting schedules for management review.
• Submitted Local Content reports and supporting schedules for government projects within 15 days, ensuring compliance with Saudi Local Content requirements.
• Strengthened internal controls and risk management practices by developing and implementing 4 SOPs for accounting operations, standardizing processes, enhancing compliance, and improving financial reporting accuracy.

Accounting Manager at Eventat Company (2022-10 – 2025-10)

Events Management Company

• Supervised a team of 3 accountants, overseeing logistics accounting operations, financial reporting, month-end closing, and IFRS/VAT compliance.
• Analyzed the general ledger, detected discrepancies, and posted adjusting journal entries to maintain accurate financial records.
• Established financial policies and enforced proper accounting methods, policies, and principles.
• Generated weekly cash flow analysis and monitored liquidity and working capital to improve the company's cash flow cycle and support the completion of other projects.
• Performed cost analysis for multiple event-based projects, improving cost visibility, budget control, and operational efficiency.
• Delivered quarterly financial analysis, forecasts, and performance reports (4x annually) using advanced Excel tools, including Pivot Tables and financial models, providing management with insights to support strategic planning, resource optimization, and decision-making.
• Spearheaded the accounting workstream of a 30-day Odoo ERP implementation by configuring financial modules and optimizing accounting workflows, improving process automation and reporting efficiency.
• Built advanced financial models within 4 weeks, developed 3 scenarios, evaluated profitability, forecasted cash flows, and assessed financing options to support investment and operational decisions.

Senior Accountant at Takamul Project Management (2019-10 – 2022-10)

Contracting Company

• Completed month-end general ledger close and reconciled journal entries to ensure accurate financial reporting.
• Supervised accounts payable activities, resolved discrepancies, and ensured timely vendor payments.
• Monitored aging reports, followed up on overdue balances, and supported cost control initiatives, helping the collections team recover company debts.
• Processed monthly payroll for 65+ employees with zero reported payroll discrepancies.
• Forecasted and observed cash inflows and outflows while preparing regulatory reports, contributing to improved cash flow.
• Analyzed quarterly financial statements and highlighted key variances to support management decision-making.

Junior Accountant at Abdul Latif Jameel (2015-03 – 2019-10)

Vehicles Company

• Handled accounts payable and receivable transactions using Oracle ERP, ensuring timely processing, accurate reconciliations, and efficient financial operations.
• Maintained transaction accuracy through regular reconciliations and strong accounting controls, enabling timely financial closing.
• Conducted detailed account analysis and interpreted financial trends to guide planning and management decisions.
• Prepared income statements and commission statements, ensuring accuracy, completeness, and timely reporting for management review.
• Implemented a SAP workflow automation initiative that reduced invoice processing time by 30%.

Audit Intern at KPMG US LLP (2012-01 – 2012-04)

Audit Company

• Assisted four client audit engagements by analyzing financial data and reviewing supporting documentation.
• Assembled audit working papers and documented findings under supervision, contributing to four audit reports.
• Gained hands-on experience evaluating internal controls and compliance with accounting standards.

B.Sc. in Accounting & Finance – Middle East University Jordan (2008 – 2012)

Management Information Systems – Elite School (2007 – 2008)