Medhat Elabd
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Medhat Elabd Email & Phone Number

Managing Partner | Tax, Audit, and Financial Management Expert | Certified in Governance, Risk & Compliance | Strategic Business Leader Driving Innovation, sustainability and Growth, mentor for 100 + mentees. at ACME Group
Location: Dubai, United Arab Emirates 9 work roles 5 schools
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Role
Managing Partner | Tax, Audit, and Financial Management Expert | Certified in Governance, Risk & Compliance | Strategic Business Leader Driving Innovation, sustainability and Growth, mentor for 100 + mentees.
Location
Dubai, United Arab Emirates

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Medhat Elabd is listed as Managing Partner | Tax, Audit, and Financial Management Expert | Certified in Governance, Risk & Compliance | Strategic Business Leader Driving Innovation, sustainability and Growth, mentor for 100 + mentees. at ACME Group, based in Dubai, United Arab Emirates. AeroLeads shows a matched LinkedIn profile for Medhat Elabd.

Medhat Elabd previously worked as Managing Partner at Acme Group and Director VAT and Corporate tax at Al Habtoor Group. Medhat Elabd holds Bachelor Of Commerce - Bcom, Accounting from Mansoura University.

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ACME Group

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About Medhat Elabd

At ACME Group, the strategic vision I've crafted aims to propel us into the top consultancy echelons within the UAE. My role as Managing Partner has been integral in establishing innovative pricing strategies and bespoke solutions in tax compliance, financial advisory, and governance frameworks. The competencies honed during my tenure with Al Habtoor Group as Director of VAT and Corporate Tax are now pivotal in delivering high-quality services that effectively tackle complex business challenges.My leadership extends beyond strategy; fostering a culture of excellence within a multidisciplinary team, we're dedicated to building strong client relationships through tailored advice and a multi-disciplinary approach. The skills in MIS Reporting, Manufacturing Process Improvement, and Analytical Skills, derived from recent experiences, underpin our commitment to optimizing financial performance and ensuring comprehensive tax compliance for our clients.

Listed skills include Internal Audit, Accounting, Negotiation, Team Management, and 28 others.

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ACME Group
Acme Group
Managing Partner | Tax, Audit, and Financial Management Expert | Certified in Governance, Risk & Compliance | Strategic Business Leader Driving Innovation, sustainability and Growth, mentor for 100 + mentees.
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9 roles · 21 years

Medhat Elabd work experience

A career timeline built from the work history available for this profile.

Managing Partner

Current

Dubai, Ae

• Directed the establishment of the firm's strategic vision to rank among the top 10 consultancy firms in the UAE within five years.• Designed innovative pricing strategies for corporate tax, VAT, financial services, and management advisory tailored to diverse client needs.• Led a multidisciplinary team to deliver bespoke solutions in tax compliance, financial advisory, and governance frameworks.• Built and strengthened client relationships by focusing on high-quality services that address complex business challenges.• Provide the clients with bespoke advise based on their requirements and based on multiple disciplines approach.

Feb 2024 - Present

Director Vat And Corporate Tax

Dubai, Ae

• Implemented VAT and corporate tax frameworks, ensuring compliance across multiple business units.• Conducted tax workshops to educate stakeholders on UAE tax laws and regulations.• Identified and implemented VAT savings opportunities, optimizing financial performance.• Represented the Group in FTA business advisory group and served on the Tax steering committee for Al Habtoor Group.

Apr 2023 - Nov 2023

Director Of Internal Audit

Dubai, Ae

• Managed risk assessment activities and designed internal audit strategies to align with corporate objectives.• Streamlined internal processes and improved compliance frameworks to enhance organizational efficiency.• Provided actionable insights to senior leadership, driving strategic decision-making and risk mitigation.

Sep 2020 - Mar 2023

Sr. Manager Internal Audit & Control - Group Vat Head

Dubai, Ae

• Perform internal audits; identify and mitigate risks; improve business processes and controls.• Manage risk assessment activities and ensure the audit risk universe is strategically aligned to the organizational goals and objectives.• Guide and advice a team to ensure that developments and processes are legal and work towards continuous improvement of the company.• Prepare accurate and up-to-date reports for the management to inform potential risks, recommend strategic and effective processes and update on compliance.• Provide technical advice with special audits and investigations to ensure validity, legality and goal achievement.• Stay updated with all credit control, internal audit, quality and other relevant company procedures to ensure complete adherence.• Evaluating the team’s performance using key data and preparing regular reports and presentations.• Conduct meetings with management and audit committee for strategic planning and decision-making.• Ensure strict compliance regarding all documents and statutory laws guiding VAT administration.• Maintain up-to-date knowledge on VAT and legal developments in the region.• Develop periodic reports about the Group’s VAT compliance and audit status.• Recommend and implement effective VAT strategies; identify VAT savings and provide ways to increase profitability of the company.• Provide internal training in terms of VAT matters to prepare team members to relevant changes in tax policies and processes. • Communicate closely with Executive committee to consult with crucial decision making and give updates on VAT & Audit compliance related to Group entities.• Handle commercial aspect of key projects, liaise with subcontractors, negotiate contracts and organize subcontract signing.

2017 - Sep 2020

Internal Audit Manager - Procurement Control

Dubai, Ae

• Manage the entire procurement control activities; ensure that all projects are delivered as per the agreed terms. • Monitor all operational processes within the department are implemented accordingly.• Responsible for pre-qualification, tender management, negotiation, purchase orders as well as contracts preparation and agreement.• Improve decision making and planning by developing proper budgets, cost reports, KPIs and streamlined systems.• Execute departmental structure, policies and procedures and ensure alignment with overall business objectives. • Monitor procurement trends (spend analysis/categories) to identify the potential areas of control and develop the options to minimize the costs.• Develop and maintain accurate purchase/inventory records, expenditure statement and vendor performance records. • Build strategic relationship with major vendors to ensure cost savings and quality deliverables.• Establish credibility through fair dealings and prompt payments with key suppliers.• Review suppliers’ performance including price re-negotiations and disputes/claims resolution. • Conduct business review meetings and prepare accurate procurement reports with key stakeholders.

2013 - 2017 ~4 yrs

Senior Credit Manager

Diamondlease - Al Habtoor Group

• Handle the entire credit granting process while ensuring consistent application of a credit policy along with periodic credit reviews of existing customers, and the assessment of the credit worthiness. • Recommend and execute efficient systems and strategies to improve credit collection process. • Drive timely resolution of customer queries through effective dispute management approach and excellent customer relationship.• Maintain a department organizational structure sufficient to meet all goals and objectives of the Credit team. • Track credit usage by existing customers and review credit limits. • Interact closely with customers on credit facility application requests.• Ensure follow-ups with customers to ensure timely collection of the debtor’s balances or any outstanding amount.

2010 - 2013 ~3 yrs

Internal Audit Supervisor

Diamondlease-Al Habtoor Group

• Review performance of Internal Audit team and perform necessary financial and operational audits of various scope and complexity.• Develop strategic audit planning and implement improved processes in the assigned unit.• Responsible for validating whether the company functions in a controlled environment with suitable risk management strategies. • Supervise the daily internal audit activities, coordinate with the team, and accomplish project deliverables in a timely and efficient manner. • Contribute to business management on current or emerging risk, control and governance matters.• Communicate any issue to the management during audit engagements and render support whenever required. • Evaluate and analyze audit work papers to ensure clarity and well-organized documentation.

2008 - 2010 ~2 yrs
5 education records

Medhat Elabd education

Bachelor Of Commerce - Bcom, Accounting

Mansoura University

Ccm, Credit Management

Emirates Institute Of Banking And Financial Studies

A+, Pc Hardware Troubleshooting /Os Troubleshooting

Comptia

Mcp, Windows Xp

Microsoft

Certficate In Governance, Risk & Compliance, Governance, Risk And Compliance

London School Of Business And Finance Lsbf
FAQ

Frequently asked questions about Medhat Elabd

Quick answers generated from the profile data available on this page.

What company does Medhat Elabd work for?

Medhat Elabd works for ACME Group.

What is Medhat Elabd's role at ACME Group?

Medhat Elabd is listed as Managing Partner | Tax, Audit, and Financial Management Expert | Certified in Governance, Risk & Compliance | Strategic Business Leader Driving Innovation, sustainability and Growth, mentor for 100 + mentees. at ACME Group.

Where is Medhat Elabd based?

Medhat Elabd is based in Dubai, United Arab Emirates while working with ACME Group.

What companies has Medhat Elabd worked for?

Medhat Elabd has worked for Acme Group, Al Habtoor Group, Diamondlease - Al Habtoor Group, Diamondlease-Al Habtoor Group, and Eurostar Rent A Car (Part Of Ali And Sons Holding Group).

How can I contact Medhat Elabd?

You can use AeroLeads to view verified contact signals for Medhat Elabd at ACME Group, including work email, phone, and LinkedIn data when available.

What schools did Medhat Elabd attend?

Medhat Elabd holds Bachelor Of Commerce - Bcom, Accounting from Mansoura University.

What skills is Medhat Elabd known for?

Medhat Elabd is listed with skills including Internal Audit, Accounting, Negotiation, Team Management, Management, Internal Controls, Finance, and Microsoft Excel.

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