Mohammed Elsadiq

• Manage full-cycle accounting including General Ledger, journal entries, bank reconciliations, and financial statement preparation
• Reduced monthly closing cycle by 40%, from 10 days to 6 days, by streamlining reporting processes and automating recurring entries.
• Increased on-time vendor payments from 65% to 95%, improving supplier relationships and avoiding late fees.
• Improved accounts receivable turnover by 20 days, accelerating cash inflows and reducing bad debts by 25%.
• Oversee Accounts Payable and Receivable processes, including reconciliation and aging analysis
• Handle payroll processing, employee loans, and statutory payments
• Prepare and review Profit & Loss accounts, Balance Sheets, and cash flow statements
• Maintain accurate records of vehicle-related assets and documentation
• Conduct monthly and year-end closings, and support audit preparations
• Administer tax computations, returns, and ensure compliance with local regulations
• Oversee inventory management and reconciliation (inward/outward stock control)
• Prepare daily petty cash reports and supervise cash receipt handling
• Monitor and resolve bank discrepancies, fees, and unusual transactions
• Set and manage customer credit terms and limits to balance risk and sales objectives
• Monitor receivables, follow up on overdue accounts, and collaborate with customers and Sales team for resolution
• Reduce bad debt risk through credit assessments and timely escalation
• Support business continuity by ensuring disciplined cash flow management
• Partner with Sales team to align financial goals with revenue targets
• Monitor sales performance and ensure commercial activities support profitability
• Assist in pricing strategy, margin analysis, and approval of customer deals within financial policies
• Review and validate sales commissions, incentive calculations, and reporting
• Lead cross-functional efforts to resolve billing or receivables issues
• Provide management with insights on customer profitability, sales trends, and ROI on sales initiatives
• Support strategic decision-making by delivering accurate and timely financial analysis
• Guide and supervise Sales admin/accounts support staff for better coordination
• Maintain and improve internal controls and accounting processes
• Ensure compliance with financial regulations, audit standards, and company policies
• Train and mentor junior finance and admin staff to enhance performance and accuracy

• Managed full general ledger operations in Tally, consistently completing month-end closing within 5–7 business days.
• Handled complete payroll cycle for 25+ employees, ensuring timely salary disbursement, loan tracking, and compliance with statutory deductions.
• Reconciled bank transactions, cash receipts, and balance sheet accounts with focus on accuracy and timely resolution of discrepancies.
• Administered accounts receivable and payable; improved receivables collection time by 10–15 days and enhanced vendor payment schedules.
• Prepared P&L statements, balance sheets, and cash flow reports to support routine financial reviews and management decisions.
• Monitored and controlled inventory valued at approximately $200K, maintaining stock accuracy with minimal discrepancies.
• Reviewed expense reports and managed petty cash averaging $5K/month, implementing better controls to minimize unverified spending.
• Coordinated with external auditors to support annual audits, resulting in smooth audit processes and compliance with accounting standards.
• Facilitated smooth audits by maintaining organised and accurate records.
• Trained new employees on accounting principles and company procedures.

Held various roles across group-owned companies within the construction and trading sectors:

Masdar Higend Projects – Muscat, Oman Accountant

• Prepared financial statements and journal entries in alignment with accounting standards
• Conducted monthly bank reconciliations and resolved discrepancies
• Managed supplier payments and customer collections
• Supported year-end closing and external audit processes
• Implemented internal control measures to safeguard financial assets

Saif Ghussain Ambusaidi Sons Trad. – Muscat, Oman Accountant

• Oversaw accounts receivable and payable processes
• Maintained vehicle documentation and expense tracking
• Ensured accuracy of payroll records and statutory deductions
• Prepared tax returns and assisted with regulatory compliance

Khalid Al Hadetha Ent. – Muscat, Oman Junior Accountant

• Supported daily accounting tasks including voucher preparation and petty cash
• Recorded financial transactions using ERP (Tally)
• Monitored cash inflows/outflows and assisted in financial reporting