Mostafa Gomaa

Results-driven Senior Cost Accountant and Professional General Accountant with 3+ years of experience in construction and industrial sectors. Specialized in cost control, project accounting, and financial analysis. Proven track record of reducing operational costs by SAR 3M through effective cost control and variance analysis.

Experienced in Local Content requirements, contractor classification processes, and tax compliance in Saudi Arabia. Skilled in financial reporting, budgeting, and ERP systems, with strong expertise in Odoo ERP and advanced Excel for data-driven decision-making.

Cost Accountant at Alrajbani Contracting Ltd. Company (2022-05 – Present)

Senior Cost Accountant responsible for cost control, project accounting, financial accounting, compliance, and external coordination.

• Prepared and analyzed project cost reports (Actual vs Budget) to support decision-making.
• Allocated direct and indirect costs across multiple projects and cost centers.
• Performed variance analysis and recommended corrective actions to control costs.
• Monitored and optimized labor, equipment, and operational expenses.
• Prepared project profitability reports and percentage of completion analysis.
• Supported project managers with financial insights to improve efficiency and profitability.
• Controlled project expenditures to ensure alignment with approved budgets.
• Managed project costing and analytic accounts using Odoo ERP.
• Prepared and reviewed financial statements (Income Statement, Balance Sheet, Cash Flow).
• Managed Accounts Receivable and Payable, including aging analysis and follow-ups.
• Performed bank reconciliations and resolved discrepancies.
• Experienced in preparing and supporting Local Content requirements, improving company score, and ensuring compliance with Saudi regulations.
• Handled requirements and financial documentation for contractor classification and renewal processes, achieving highest classification grade.
• Managed VAT calculations, tax compliance, and submission of tax returns through ZATCA system, ensuring accuracy and timely filing.
• Professional in dealing with audit firms, preparing financial data, supporting audit requirements, and ensuring smooth financial statement issuance.
• Supported month-end and year-end closing, including preparing required schedules and reports for financial statement preparation.

Bachelor's Degree in Accounting – Aswan University