Mohamed Ramadan Elbady

Arabian Specialised Materials Company (ASMA) is a leading trading & manufacturing company based in the State of Qatar. Established in 1996 as part of Al Jaber Group of companies a major conglomerate with over 30 companies. ASMA collaborates with experienced technical and administration staffs to lead 9 divisions of ASMA were established to offer construction materials and services to numerous clients in several industries including infrastructure, buildings, water, electricity, Rail, oil & gas and petrochemicals. (http://www.asmaqatar.com/). Key Responsibilities: ➢Led the monthly, quarterly, and annual financial closing processes and prepared financial statements in compliance with accounting standards. ➢Supported budgeting and forecasting processes, analysed variances, and recommended cost saving measures. ➢Supervised AP/AR, payroll (WPS-compliant), bank reconciliations, and vendor/customer account reconciliations. ➢Managed fixed asset register, and depreciation schedules. ➢Conducted annual physical inventory counts. ➢Reviewed and maintained the general ledger to ensure accuracy and compliance with accounting standards. ➢Spearheaded ERP migration to Mint Solutions and developed new policies for fixed assets, inventory, and scrap. ➢Generated analytical reports assessing financial stability, liquidity, profitability, and growth; identified trends and deviations, and recommended cost-effective solutions to improve performance. ➢Reviewed and approved payment vouchers, ensuring accuracy and compliance with internal controls and payment policies. ➢Oversaw credit control and collections, advised divisions on receivables management, and optimized cash flow. ➢Provided full support for internal and external audits, ensuring compliance with all regulatory and reporting requirements. ➢Reviewed contractual agreements and analyzed financial implications to ensure alignment with billing terms; validated sales invoices for accuracy and compliance with contract clauses. ➢Processed LC documentation and ensured timely vendor payments aligned with company credit terms. ➢Managed petty cash transactions and ensured accurate and timely record-keeping ➢Supported management in strengthening the company’s financial governance and internal controls. ➢Demonstrated strong knowledge of legal processes related to financial claims and litigation.

HDD and HSB are members of BT Group, Multinational Enterprise, and have 7 branches all over the Middle East (http://www.btgroup.net/). Key Responsibilities: ➢Led monthly and annual financial closings and prepared full financial statements in line with group reporting standards. ➢Managed payroll, end-of-service benefits, and employee leave provisions in coordination with HR. ➢Maintained accurate ledgers, supervised fixed assets and depreciation schedules, and ensured asset integrity. ➢Prepared and reviewed annual budgets, performed monthly variance analysis against actual results, and provided strategic insights for cost control and financial efficiency. ➢Oversaw accounts payable and receivable, optimized collections from aging debtors, and improved cash flow. ➢Reconciled intercompany accounts and conducted bank reconciliations to maintain financial accuracy. ➢Reviewed and certified sales invoices, calculated landed costs, and ensured contract compliance. ➢Processed payments to local and international suppliers and issued POs according to company policy. ➢Collaborated with logistics, procurement, marketing, and IT teams to align financial reporting with operations. ➢Provided documentation and reports to external auditors, ensuring timely and accurate audits. ➢Fostered collaboration across departments including HR, logistics, procurement, and planning to streamline financial processes and reporting accuracy. ➢Established a structured follow-up mechanism to accelerate receivables collection and reduce overdue balances.

Two sister companies operating in the contracting and real estate development sector in Qatar. Key Responsibilities: ➢Managed the full accounting cycle, including GL, AP, AR, payroll, and monthly/year-end closings. ➢Prepared monthly and annual financial statements (P&L, balance sheet, and cash flow) with detailed management reports. ➢Developed budgets, forecasts, and variance analysis to guide financial decisions. ➢Reconciled bank accounts, vendor/customer accounts, and intercompany transactions. ➢Oversaw depreciation, provisions, and accruals, ensuring compliance with accounting standards. ➢Supported external audits by preparing accurate final accounts and required documentation. ➢Designed and implemented accounting controls and procedures to improve efficiency and reduce errors. ➢Ensured adherence to local regulations and provided insights to senior management

➢Managed inventory control, physical counts, and cost allocations. ➢Calculated product costs, analyzed variances, and monitored waste and spoilage. ➢Developed basic costing database to streamline reporting and improve cost accuracy.