Mohamed Ahmed Abd Elbaki
Abu Dhabi,United Arab Emirates
Summary
Detail-oriented finance professional with 15+ years of experience in accounts payable, reconciliations, and ERP systems (SAP, Oracle EBS, Oracle Fusion, MS Dynamics). Proven track record of optimizing workflows, ensuring compliance, and supporting audits in multinational environments. Currently seeking a growth-focused role within a dynamic organization.
Overview
25
25
years of professional experience
Work history
Associate Finance – Accounts Payables
Modon Holding PSC
Abu Dhabi, United Arab Emirates
07.2015 - Current
- Supervise extensive accounts payable functions, including invoice processing, 3-way matching (PO, GRN, Invoice), and vendor payment integration through host-to-host (H-to-H) method consistent with defined payment terms with suppliers.
- Supervise adherence to internal controls, delegation of authority (DOA), tax regulations (e.g. VAT), and accounting standards (IFRS).
- Construct robust control environment designed to mitigate risks including duplicate payments, fraud, and non-compliance by implementing effective segregation of duties, ensuring strict adherence to invoice approval processes, and performing regular reconciliations.
- Coordinate non-supplier payments, administering petty cash disbursements along with cash salary payments.
- Update business partner master data in SAP, verifying correctness of vendors' IBAN information.
- Manage corporate card payments while guaranteeing prompt fund injections to preserve adequate balances.
- Conduct systematic reconciliations of AP sub-ledger with GL, vendor aging, and bank accounts, isolating and amending discrepancies.
- Coordinate month-end and year-end closing procedures, guaranteeing precise accruals, formulating schedules, and conducting thorough reconciliations.
- Create detailed and traceable records of AP transactions in alignment with regulatory and organisational standards.
- Engage with vendors and internal teams to address discrepancies in billing, invoicing, or payments efficiently.
- Streamline and safeguard effective accounts payable workflow to promote prompt and precise management of all incoming invoices.
- Audit and approve monthly payroll for company and subsidiaries through SAP system, upholding regulatory standards and facilitating timely distribution via ADCB portal.
- Act as chief Accounts Payable representative throughout internal and external audits, facilitating prompt and precise provision of audit schedules with supporting documents.
- Reporting straight to Finance Controller
Accountant
AL BUSTAN INTERNATIONAL GROUP
Abu Dhabi, United Arab Emirates
04.2014 - 07.2015
- Managed cash and cheque transactions from tenants for rent, deposits, commissions, maintenance fees, and cheque return penalties, delivering receipt vouchers to clients.
- Arranged and recorded all incoming cash on a daily basis. Assessed all incoming cheques for validation each day.
- Organise cash and PDC/current cheque lists ahead of daily submission to collection bank.
- Review and examine debit/credit banks for alignment with sending lists.
- Review and handle rental agreements for tenants.
- Facilitate timely security deposit refunds while ensuring compliance.
- Producing monthly maintenance invoices.
- Logged journal entries and arranged accounting ledgers.
- Conduct daily and monthly bank reconciliations, addressing any identified discrepancies
- Implement protocols for handling returned cheques
- Integrate tenant accounts for precise financial representation.
- non-mandatory funds.
- Enhanced property visibility through targeted marketing strategies and market trend analysis. Identified opportunities within real estate by conducting thorough market research. Secured advantageous contract terms for clients through effective negotiation. Fostered strong client relationships, encouraging repeat business growth. Showcased listings effectively by coordinating engaging property viewings. Ensured compliance by maintaining detailed transaction records for analysis. Provided expert advice on property values to optimise investment potential.
- Accountable to Financial Supervisor.
Accountant
ALFUAD EXCHANGE
Dubai, United Arab Emirates
08.2008 - 03.2014
- Bank/Exchange reconciliation on daily and monthly basis.
- Evaluate key performance indicators.
- Addressing banking discrepancies and concerns.
- Overseeing daily accounting operations (Wu/Xpress money/Speed remit/Alwaseet/e-voucher/Eztop,etc)
- Conducted cash counts to verify petty cash balances. Managed petty cash transactions, ensuring accuracy and compliance. Maintained detailed records of cash flows for transparency.
- Processed journals and vouchers for payments received. Issued cheques in accordance with financial protocols. Maintained accurate records of all transactions.
- Processes payment orders and logs payment vouchers.
- Managed coordination of all control procedures and supporting documentation for agents.
- Manage and evaluate accrued expenses, prepayments, refundable deposits, supplier accounts, and rent accounts.
- Management of official company documents (Trade / Central bank licence, Insurance policies, Lease Agreement).
- Reporting to Head of Finance.
Money collector
IBN SINALABOREXPHARMA CO., EGYPT
Sharjah, United Arab Emirates
05.2001 - 12.2004
- Processed monthly invoices for customers.
- Arrange collection timings with customers.
- Petty funds
- Collected payments and issued receipts for accurate financial tracking. Managed cheque collections to ensure timely processing and minimise delays.
- Compiled deposit lists and liaised with auditors.
- Addressed customer complaints while fostering strong client relations.
- Reporting to Chief Finance Officer.
Education
Bachelor of Commerce - Accounting
Mansoura University
EgyptSkills
- Financial software mastery
- ERP systems knowledge
- SAP and Oracle Fusion skills
- Oracle EBS proficiency
- MS Dynamics 365 expertise
- Office software proficiency
- Analytical thinking
- Organized file management
- Accounts payable processing
- Supplier payment execution
- Compliance regulations adherence
- SAP master data management
- Accrual accounting practices
- Supplier relationship management skills
- Petty cash handling procedures
- Financial close process management
- audit of accounts payable transactions
- discrepancy resolution techniques
- audit of accounts payable processes
- Corporate Card Processing
Languages
English and Arabic
References
Available on Request
CUST
- Nationality: Egyptian; Passport No.: A26670027; Place of Issue: Egypt; Date of Expiry: 2026-12-30
- Visa Type: Employment Visa
- UAE Driving License no: 1548942
Timeline
Associate Finance – Accounts Payables
Modon Holding PSC
07.2015 - Current
Accountant
AL BUSTAN INTERNATIONAL GROUP
04.2014 - 07.2015
Accountant
ALFUAD EXCHANGE
08.2008 - 03.2014
Money collector
IBN SINALABOREXPHARMA CO., EGYPT
05.2001 - 12.2004
Bachelor of Commerce - Accounting
Mansoura University