Mohamed Elnady Atia

๐’๐ž๐ง๐ข๐จ๐ซ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐š๐ง๐ญ at International Radiology Centre
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Contact Information
us****@****om
(386) 825-5501
Location
Dubai, United Arab Emirates, AE
Languages
  • Arabic Native or bilingual proficiency
  • English Professional working proficiency

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5.0

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Walid Hamdy CPA,CIA,CMA,CFE,CFM,CFC,FMVA,CBCA,CFI PARTNER

Mohamed has proved to be both a talented technician and a professional Accountant. I delivered on a FMVA certificate in 2021. In this delivery, Mohamed demonstrated a deep knowledge of his field and a natural ability to share his expertise in a pleasant and comprehensible manner. Although my delivery the sessions lasted for a few weeks only, I have found from him more than I could ever expect. I strongly recommend Mohamed as a professional that you can Reliably from. I wish for Mohamed the best in his career and to continue his success.

Galal Elsherbini

I know Mohamed since he began working for Al Asri Engineering as a General Accountant. I have seen his remarkable transition to a full-time accountant . Since then, there is no looking back for Mohamed and his passion for accounting procedures makes him a valuable asset for the firm. He is very energetic and hardworking professional with lots of passion to his work. He is a talented team player and can be trusted in his presidency when needed. Mohamed takes every task as a challenge and completes it successfully. He is hardworking, excellent with numbers, and extremely punctual. During work seasons, he volunteered extra hours to complete the pending tasks of the audit department. Everyone in the company values his sense of expertise in making things quite easy to understand. I highly recommend Mohamed for a senior accounting position in any organization that he wishes to apply. I am quite certain that he will be a valuable asset for any company.

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Credentials

  • Accounting Principles and Standards
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Budgeting and Forecasting
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Building a 3 Statement Financial Model
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Business Valuation Modeling Part I
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Business Valuation Modeling Part II
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Dashboards & Data Visualization
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • FP&A Monthly Cash Flow Forecasting
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Financial Modeling & Valuation Analyst (FMVAยฎ)
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Mining Financial Model & Valuation
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • PowerPoint & Pitchbooks
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Professional Ethics
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Scenario & Sensitivity Analysis
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Startup / eCommerce Valuation
    Corporate Finance Instituteยฎ (CFI)
    Jul, 2021
    - Nov, 2024
  • Excel Crash Course - Spreadsheet Formulas for Finance
    Corporate Finance Instituteยฎ (CFI)
    Jun, 2021
    - Nov, 2024
  • CFA Investment Foundationsยฎ Program
    CFA Institute
    Jun, 2021
    - Nov, 2024
  • Corporate & Business Strategy
    Corporate Finance Instituteยฎ (CFI)
    Jun, 2021
    - Nov, 2024
  • Financial Analysis Fundamentals
    Corporate Finance Instituteยฎ (CFI)
    Jun, 2021
    - Nov, 2024
  • Accounting Fundamentals
    Corporate Finance Instituteยฎ (CFI)
    May, 2021
    - Nov, 2024
  • Reading Financial Statements
    Corporate Finance Instituteยฎ (CFI)
    May, 2021
    - Nov, 2024
  • SAP ERP Essential Training
    LinkedIn
    May, 2021
    - Nov, 2024
  • SAP Financials Essential Training
    LinkedIn
    May, 2021
    - Nov, 2024
  • Tips for Writing Business Emails
    LinkedIn
    May, 2021
    - Nov, 2024
  • Excel Essential Training (Office 365/Microsoft 365)
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Excel for Accountants
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Excel for Business Analysts
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Excel: Advanced Formulas and Functions
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Excel: Avoiding Common Mistakes (Office 365/Excel 2019)
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Excel: Introduction to Charts and Graphs
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Managing and Analyzing Data in Excel (Office 365/Excel 2019)
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Word Essential Training (Office 365/Microsoft 365)
    LinkedIn
    Apr, 2021
    - Nov, 2024
  • Writing Emails People Want to Read
    LinkedIn
    Apr, 2021
    - Nov, 2024

Experience

    • United Arab Emirates
    • Hospitals and Health Care
    • 1 - 100 Employee
    • ๐’๐ž๐ง๐ข๐จ๐ซ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐š๐ง๐ญ
      • Mar 2022 - Present

      Value Propositions:โ€ข Maintained stock availability of medical materials used in work by 40% to ensure working progress in an effective way by handling the pending transactions, suppliers, and creditors with no delaying the daily work by planning for the work team and organizing priorities and time management.โ€ข reduced the cash mixed by 100% through cash revenue & petty cash between branches by creating a responsibility center.โ€ข Handling accuracy in insurance claims work on getting back 30% of the outstanding insurance revenue from insurance companies.โ€ข Maintained a culture of no cheque returned by 100% through liquidity control by preparing the PDC report.โ€ข Handled cost segregation between branches by optimizing the purchase system and inventory movement.Key Deliverables: โ€ข Strategic Planning: Ding input on the companyโ€™s business plan, financial and tax strategies, budgeting, and forecasting.โ€ข Controlling for 3 branches and 1 sister company with 3 accountants, 5 bank accounts, and lead the cost segregation between intercompany.โ€ข Finance & Accounts: Manage various financial verticals, such as accounting, financial & accounting systems, internal controls, decision-making, auditing, cash management, financial benchmarking, general ledger systems, and long-range financial planning. Majorly engage in leading the revenue and expenses forecast process.โ€ข Financial Closing: Manage and supervise the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations, and report preparation. โ€ข GL Accounting: Play a stellar role in developing ledgers and record all the information related to accounts payable, accounts receivable, cash management, banking, claims and insurance.โ€ข Contracts Activities: Eliminate the duplicate payments by restructuring the suppliers, creditors & consumables contracts.โ€ข MIS Reporting: Provide an overview to the management, for financial performance.

    • ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐š๐ง๐ญ
      • Feb 2021 - Dec 2021

      Shaheen is one of the major Medication Store in Al Gharbiyah Governorate,it held a position in the market for providing Medication for small medicationstores across the country since 2002.Value Propositions:โ€ข Slashed down the waste in stock by 20% through consistent enhancement within the Accounting Medical System that identifies (the medicine factory code, drug code and name, drugs manufacture and expiration date), to sell them first and notify the daily shortage to be matched with the pharmaceutical stores statements in case of purchase invoices or returns notices. โ€ข Recorded a significant rise in profit and sales by 20% and total collections by 10% through identification of past vendors and recommending the new ones for the required facilities and solving previous problems.Key Deliverables: โ€ข Operations Management: Entrusted with the overall accountability of overseeing the process of receiving medicines from pharmaceutical companies and registration on the system. โ€ข Financial Best Practices: Consulted with the staff on best practices for the accounting cycle to prevent financial errors.โ€ข Debts & Limits Management: Tracked the pharmaceutical store's debts as well as customers' credit limits.โ€ข Medicine Management: Assessed and reviewed the expiry date of medicines from the system and returned them to suppliers.โ€ข Inventory management: Maintained and oversaw multiple inventories (periodic, random, and sudden).

    • United Arab Emirates
    • Architecture and Planning
    • 1 - 100 Employee
    • ๐€๐œ๐ญ๐ž๐ ๐š๐ฌ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐š๐ง๐š๐ ๐ž๐ซ
      • May 2015 - Aug 2020

      Value Propositions:โ€ข Supported the decision-making process by 30% and avoided 20% losses through repreparation of the balance sheet for 2013 and 2014 due to detecting errors in entries and provisions by fixing the entries and structuring errors to match them with IFRS standards and supporting the clarification of the actual financial position to the high board.โ€ข Transformed a new archiving system with an efficiency of 100%, including all the financial documents of the contractor and consultant, linking it to the project number and year of starting, which keeping records and invoices for a long time in a digital copy.โ€ข Pioneered efforts in rolling out and commencing a new effective tax system in 2018 with an efficiency of 100%, including all the financial documents, maintained records/invoices and have an advantageous position, especially with the Tax Authority.โ€ข Played a stellar role in preparing a list of all construction projects from 2010, whose projects are still suspended, that showed the total amounts collected and turnover from 2005 till 2020 with a statement of all the project's financial details, which helped in making the necessary financial analysis and helped in making the decision.โ€ข Supported cost restructuring by reviewing financial statements through the operation cycle to track cash and petty cash movements.โ€ข Steered an array of activities, such as preparing a monthly receivables statement, and followed up with the customer directly for collection dues payments which increased monthly cash liquidity by 20%, leading to 1,600,000.00 AED money collection per month on average, collected over five years from 2015 until the end of 2020, contributed to the money collection process by 98%.

    • Law Practice
    • 1 - 100 Employee
    • ๐’๐ž๐ง๐ข๐จ๐ซ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐š๐ง๐ญ
      • Aug 2012 - Apr 2015

      Value Propositions:โ€ข Facilitated the accounting operations by introducing the new accounting system (QuickBooks) for issuing invoices, collections, down payments, and tracking petty cash, which reduced the transactions completion cycle and the waste in expenses by 20%).โ€ข Create detailed files for each client containing his financial documents such as payment receipts, court fees, and fee contracts in a way that does not confuse them with the main case files.Key Deliverables: โ€ข Financial & Administrative Activities: Held responsible for undertaking and looking at Financial and Administrative activities within the Dubai office and reported to the head accounting department at the Abu Dhabi office for the Al Otaiba group.โ€ข New Accounting System: Played a significant role in setting up a new accounting system based on (QuickBooks Software) for the newly opened Dubai office.โ€ข Expenses Management: Monitored, tracked, and documented the expenses for each case in Dubai Courts.โ€ข Reports & Documentation: Opened bounced check reports in the police department.โ€ข Compensation Cases: Resolved compensatory cases with the insurance companies, such as Abu Dhabi Insurance Company.โ€ข Residency Procedures: Finalized procedures for residency consultants from the Ministry of Labor and Immigration in Dubai.โ€ข Dealt with the RAKBANK and FAB Bank to settle the transactions. โ€ข Reporting: Submitted and supported in interpreting the financial reports and statements to the legal counsel. Led the preparation and submission of the statements to the legal departments in banks and contracted companies.โ€ข Labor Cases: Tracked and interpreted labor cases in the office and computed the end-of-service gratuity and financial entitlements. โ€ข Operations Management: Managed a whole gamut of functions, such as formulating the bank's settlement memo, overseeing the incoming and outgoing checks, and directing the work.

    • ๐†๐ž๐ง๐ž๐ซ๐š๐ฅ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐š๐ง๐ญ
      • Jun 2008 - Jul 2012

      Value Propositions:โ€ข Optimized the accounting operations by transitioning from Microsoft Office Excel to an ERP Accounting system (Tally), including transferring all the accounting databases that supported the inventory tracking, curtailed the materials waste, and prevented violations by 30%.โ€ข Escalated business progressively in terms of reducing collecting time by 25% and increasing company profit by 20% through systemization throughout the accounts payable and receivable. Generated monthly customer reports regularly, estimated at 120,000.00 AED / Month, which contributed 40% of the total revenue for the company.โ€ข Gauged the costs, reflected in sales and profitability, achieving average profit rates of more than 20% over the last four years.โ€ข Established, initiated, and steered an Automatic system for salary accounts, bonuses, and employee entitlement (WPS).โ€ข Directed and looked after the number of materials used in the manufacturing process and sold from the warehouse by making a different sales order for the materials used in the manufacturing.Key Deliverables:โ€ข Contributed to setting up (Tally ERP System) for all accounting duties to restructure the Accounting & Auditing department.โ€ข Submitted the 14000+ worksheets, sales invoices, reports, POs, inventory, purchases, and sales reports to the manager.โ€ข Managed whole accounting cycle, entries, and annual budget from scratch using tally.โ€ข Dealt with banks in general, including opening accounts, requesting loans, and fulfilling the bank's requirements.โ€ข Prepared products cost structure while setting pricing strategies as well as contributing to selling plans, which helped.โ€ข Matched the quantity received with the required one while paying delivery & government fees to the customs broker.โ€ข Supervised stock inventory periodically and matched it with the existing system to prevent stock manipulation.โ€ข Followed up the sales movement, calculated the profit rate, and monitored the levels of production.

    • ๐€๐ฎ๐๐ข๐ญ ๐€๐ฌ๐ฌ๐จ๐œ๐ข๐š๐ญ๐ž & ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐š๐ง๐ญ
      • Sep 2006 - Jun 2008

      Value Propositions:โ€ข Generated total revenue of 110000 EGP over the two years from 11 medium-size companies, on average 5000 EGP from each client, through managing their whole accounting cycle. Steered the accounting consultation projects with a team of 8 accountants. Key Deliverables:โ€ข Adjusted the invoices and general budgets for temporary companies while handling over 15 accounts.โ€ข Consulted companies on their financial statements and ensured that records have complied with laws and regulations.โ€ข Adjusted client's account payable, receivable, settlements while helping on cost reduction and profit increasing.โ€ข Prepared the budget end-year adjustments, adjusting depreciation entries, salaries, advances, and entitlements.โ€ข Managed various functions, such as presenting audit reports clearly highlighting key audit recommendations to management, maintaining statutory books of accounts, audit, reconciliation of account receivable & payable, and finalization of accounts.โ€ข Assisted the seniors in reviewing & checking the financial statements & preparation of the audit report, management comment letter, management representation letter, and annual reports.โ€ข Identified the accounting & auditing issues and discussed with the auditor in charge to solve issues that arise. โ€ข Undertook the substantive testing of appliances in accordance with the audit plan. Documented all work performed.

Education

  • Corporate Finance Instituteยฎ (CFI)
    CFA - Investment Foundationsยฎ Certified, Investments and Securities
    2020 - 2021
  • Corporate Finance Instituteยฎ (CFI)
    FMVAยฎ Certified, Financial Modeling and Valuation
    2021 - 2021
  • ACCA
    IFRS Diploma, International Financial Reporting
    2022 - 2023
  • ACCA
    Association of Chartered Certified Accountants Candidate, Accounting and Finance
    2022 - 2023
  • Tanta University
    Bachelor's degree, Accounting and Finance
    2001 - 2005

Community

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