Summary
Overview
Work History
Education
Skills
Certification
Hobbies
References
Timeline
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Moiyed Mohammedi

Moiyed Mohammedi

Cost And Management Accountant
Dubai

Summary

Goal-focused Accountant with record of accurate reporting and budget management. Offering 14 years of experience handling finances for one location. Processed payroll, budgets, reports, audits, journals, expenditures and payments. Diligently maintains latest training on tax regulations and legal issues impacting financial operations.

Overview

16
16
years of professional experience
9
9
years of post-secondary education
2
2
Certifications
4
4
Languages

Work History

Senior Accountant

Al Rashed Food CO - Yaumi International Bakeries LLC
Dubai
12.2020 - Current

Financial Reporting and Book‑Keeping.

  • Managed Accounts Payable processes to ensure timely and accurate payments to suppliers, reducing late payment fees by 10%.
  • Conducted monthly inventory cycle counts, ensuring 99.9% stock accuracy and implementing efficient inventory management practices.
  • Updated general ledger with latest entries.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.

Internal and External Auditing

  • Streamlined month‑end closing processes, reducing closing time by 20%.

Revenue Analysis and Variance Analysis

  • Improved cash flows by renegotiating credit terms with key suppliers, increasing credit terms from 30 days to 60 or 90 days.

AR and AP

  • Led a team of 4 associates, increasing team productivity by 15% through targeted training and mentorship.
  • Negotiated with suppliers to extend payment terms, enhance cash flows and reducing financial burden on the organization.
  • Developed and implemented efficient processes to streamline AR and AP, resulting in a 20% reduction in outstanding receivables and improved cash flows.

MANUFACTURING ACCOUNTANT

  • Oversaw cost analysis and developed strategies to reduce production costs by 15% through efficient inventory management and supplier negotiations.
  • Implemented lean manufacturing principles, reducing wastage by 10% and improving overall production efficiency.
  • Oversaw all manufacturing‑related accounting, including cost accounting, inventory management, and production cost analysis.

EXECUTIVE OFFICER FINANCE & ACCOUNT

Electrical Lighting CO LLC
Dubai
01.2015 - 12.2020

Financial and Cost Reporting

  • Conducted regular inventory reconciliations, minimizing discrepancies and improving financial reporting accuracy.
  • Assisted in implementing financial policies and controls, ensuring compliance with international accounting standards and local regulations.
  • Implemented cost‑saving measures, reducing operational costs by 12% while maintaining high‑quality standards.

AR and AP

  • Provided daily and weekly financial and operational reports to the Finance Director.
  • Managed Accounts Receivable processes, ensuring accurate billing, collections, and reconciliation, resulting in a 8 to 9% improvement in cash flows.
  • Oversaw Accounts Payable operations, negotiating favorable payment terms, reducing late payment fees by 7.5%.

VAT Implementation

  • Assisted with the implementation of the new VAT law in the UAE, ensuring a seamless transition and compliance.
  • Conducted regular reviews of VAT processes, leading to a 20% reduction in tax‑related discrepancies.

ACCOUNT EXECUTIVE

N M Shamsuddin & Sons
Vadodara
04.2008 - 10.2014

External Audit Support

  • Assisted in the execution of external audits, resolving queries promptly and accurately.
  • Conducted detailed analysis of vendor invoices, ensuring compliance with tax regulations and reducing payment errors by 15%.

Internal Document Management

  • Managed all internal department documents, ensuring accuracy and accessibility for audit purposes.
  • Implemented document tracking system, reducing retrieval time by 40%.

Financial Analysis

  • Analyzed financial ratios, providing actionable recommendations to improve financial stability.
  • Assisted in the implementation of efficient billing systems, reducing outstanding accounts receivable by 20%.

Education

Bachelor Of Commerce (B.Com) - Accounting And Finance

The Maharaja Sayajirao University of Vadodara
Vadodara, Gujarat
03.2005 - 05.2008

Certified Management Accountant (CMA) - Cost & Management Accountant

Institute of Cost Accountants of India
Vadodara, Gujarat
07.2007 - 02.2013

Skills

    Financial statement review

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Certification

Certified Management Accountant (CMA)

Hobbies

  • Cricket
  • Badminton
  • Travelling

References

References available upon request

Timeline

Senior Accountant

Al Rashed Food CO - Yaumi International Bakeries LLC
12.2020 - Current

Certificate in VAT Compliance

11-2016

EXECUTIVE OFFICER FINANCE & ACCOUNT

Electrical Lighting CO LLC
01.2015 - 12.2020

Certified Management Accountant (CMA)

02-2013

ACCOUNT EXECUTIVE

N M Shamsuddin & Sons
04.2008 - 10.2014

Certified Management Accountant (CMA) - Cost & Management Accountant

Institute of Cost Accountants of India
07.2007 - 02.2013

Bachelor Of Commerce (B.Com) - Accounting And Finance

The Maharaja Sayajirao University of Vadodara
03.2005 - 05.2008
Moiyed MohammediCost And Management Accountant