ALTAF ALAM
Project Accountant Defense & Aviation Projects MOD Compliance
Riyadh 13515, Saudi Arabia
Phone: +966 59 077 3708 Email: [email protected]
LinkedIn: linkedin.com/in/altaf-alam4545 Status: Transferable Iqama
Date of Birth: 28 February 1989 Marital Status: Married
Professional Summary
Senior Project Accountant with over 10 years of experience handling financial work for large defense and aviation projects in Saudi Arabia, UAE, Europe, and the USA. Highly skilled in budgeting, cost control, forecasting, variance analysis, and preparing bilingual invoices in English and Arabic. Experienced in managing payroll for more than 250 employees, ensuring full MOD compliance and audit readiness. Proven ability to deliver projects within budget, achieve profit margins of up to 45%, and reduce billing and approval delays by 30%. Strong team player who supports Project Managers with accurate financial reports, early risk identification, and effective cost control.
Work Experience
Project Accountant MAS Aviation Services Riyadh, Saudi Arabia 04/2015 – 03/2025
• Managed end-to-end project accounting for multi-million SAR defense and aviation programs, ensuring strict compliance with Saudi MOD regulations and contractual requirements.
• Prepared, reviewed, and submitted bilingual invoices (English/Arabic), managing full approval cycles with clients, internal management, and headquarters.
• Controlled project budgets through forecasting, cost monitoring, accruals, and variance analysis, supporting consistent 30–45% profit margins.
• Produced monthly financial reports, cost summaries, and performance analysis for senior management and external stakeholders.
• Maintained audit-ready financial records, supporting internal audits, external audits, and MOD inspections with zero compliance issues.
• Processed payroll for 250–280 employees, including timesheets, overtime, leave, bonuses, and TDY, ensuring accuracy and regulatory compliance.
• I identified financial risks early and supported corrective actions to protect budgets, timelines, and profitability.
• Managed TDY, travel costs, vendor payments, and expense controls per MOD policies.
• Streamlined financial workflows, cutting billing and reporting delays by 30%
(ADDITIONAL RESPONSIBILITIES (VALUE-ADDING SUPPORT)
• Project Coordination Support: Assisted Project Managers with planning inputs, cost tracking, progress reporting, and risk mitigation across multi-site operations.
• Document Control: Maintained structured financial, contractual, and HR documentation with strict version control, traceability, and audit readiness.
• HR & Administrative Support: Managed employee records, payroll documentation, Iqama data, attendance, and official correspondence aligned with MOD requirements.
• Assistant Project Management Support: Supported scheduling, logistics coordination, and cross-functional communication to ensure smooth project execution.
MAJOR PROJECTS
RSNF Naval Forces Project Dec 2014 – Apr 2020
• Managed project finance and multi-site coordination across Riyadh, Jubail, Jeddah, and the USA. Ensured full MOD compliance for payroll and financial records covering 250+ employees.
RSAF Cougar Project May 2017 – Oct 2022
• Oversaw budgeting, payroll, and coordination across Riyadh, Dhahran, Khamis Mushatt, and France. Contributed to under-budget delivery with profit margins up to 40%.
Simulator Training Program — RSAF / CAE Emirates 2021 – Jul 2025
• Coordinated finance, logistics, certifications, and reporting for 1,300+ RSAF pilots across KSA, UAE, Europe, and the USA. Managed scheduling and operational support for nine simulator platforms.
Boeing F-15SA Program Dec 2016- July 2023
• Managed payroll, financial documentation, and stakeholder coordination for 150+ personnel across multiple sites. Supported alignment between field locations and headquarters.
Cross-Project Support (ILC Project) May 2015- Oct 2020
• Provided invoices, HR, and operational support across concurrent projects. Improved efficiency through standardized processes and proactive cross-team coordination.
Education
Bachelor of Business Administration (BBA)
University of Malakand – Malakand, Pakistan 2008–2012
Languages
Arabic – Advanced
English – Advanced (C1)
Core Skills
• Project Accounting & Cost Control: End-to-end budgeting, forecasting, variance analysis, cost monitoring, profitability reporting, and month-end closing for multi-million SAR projects.
• Bilingual Invoicing & Financial Documentation: Preparation and control of accurate invoices, reports, and financial correspondence in English and Arabic with full audit readiness.
• Payroll & HR Cost Administration: Payroll processing, timesheets, leave, overtime, TDY, and employee cost management for 250+ staff in compliance with company and MOD requirements.
• MOD Compliance & Audit Support: Strict adherence to Saudi MOD regulations, internal controls, audit preparation, inspections, and structured document control.
• Financial Reporting & Project Support: Preparation of management reports, accruals, reconciliations, variance explanations, financial risk identification, and cost optimization.
• ERP, Systems & Reporting Tools: Advanced use of Oracle NetSuite, Advanced Excel (Pivot Tables, VLOOKUP), and MS Office for financial analysis and project reporting.
References
• Available upon request.
