Finance & Accounting

The customised Finance and Accounting (F&A) services provided by MBI help in realising the real value across the process chain with an end-to-end perspective and achieve improved financial KPIs. Our team works as an extended arm of your organisation and helps in managing and executing your finance functions. Our services are a unified and global solution for enterprise-level finance operations and we offer services across the following spheres:

Accounts Payable (AP) & Insurance

Invoice processing
Payment processing
Vendor queries
Vendor reconciliation
MIS
Insurance monitoring, accounting & reporting

General Ledger (GL) & Audit Support

Preparation of financials and reporting
JV preparation & posting
Inter-company reconciliations
Bank reconciliation
Statutory and internal audit support
Monthly analysis

Fixed Assets (FA) / Accounts Receivables (AR)

FA - capitalization, transfers, disposals, reconciliations, reporting & analysis
AR - invoicing, receipt application, customers’ follow-up & weekly reporting

Consolidation & MIS

Quarterly and yearly consolidation of financials
Review report preparation
MIS consolidation and preparation of presentations
Preparation of budgets & related analysis

Testimonial Slider

"I'm very pleased with the way Consolidation and MIS process has been handled by the MBI team. Since we deal with numbers, team has maintained and improved the consistency and quality of financial reports. Due to business knowledge and expertise of process, they helped us to interpret data and identify trends. They also respond within timeline whenever we needed additional information. The current economic climate has presented us with many challenges for controlling costs and maintaining profitability. The team has also provided us with few recommendations based on their experience to help protect the bottom line. I would highly recommend MBI for their professionalism, efficiency and affordability."

Sachin Chamadia – CFO, MBPS

“I find the MBI team very competent and helpful. They work hard in order to assist me meet my deadlines and hence together we make a great team.”

Glenn Withers – Finance Director, UCL Resources (PTY) Ltd

"Team MBI has been very supportive to the Head Office at Muscat. They have been exhibiting excellent commitment and dedication in fulfilling their responsibilities. Team has been very prompt in responding to all the queries raised. Their enthusiastic teamwork in meeting the deadlines for submission of various MIS reports to HO and professional approach towards their tasks deserve a special mention. Looking forward to continue avail of their similar commitment and cooperation in the future as well. My best wishes to the team."

Pradeep Pariyarath – Sr. Accountant, MB Holding Company

“It was wonderfull to work with you and your team. We have achieved many things together. I believe that we could always find the best ways to solve our financial issues we had faced. I hope it goes on , so we can continue to improve each other.”

Ahmet ALSAR – Finance Manager, Turquoise Yacht

“Petrogas appreciate the support of MBI as it has added more value to our Reports and Staff professionalism. Our aim is to strengthen the quality of our reports going forward and we believe MBI will be the right partner to do it with”.

Fadhil Abdul Rahman Al Bakry – Senior Manager, Finance & Accounts, Petrogas (E&P)

“Utilizing MBI as our back office for our HR, finance and accounting needs was the best business decision MBPS has undertaken, our cost have dramatically been reduced while continuously sustaining and improving the quality of our transactions. We are looking forward to use more of their added value packages and expand their services to other segments of our business.”

Salim Al-Harthy – Chief Executive Officer, MB Petroleum Services LLC

“I have worked with MBI HR team on a number of profiles and found them to be consistently rigorous in their approach, both to shortlisting candidates and helping me to close on selected candidates. They know the market place well and are able to offer candidates who they know will fit both the position and the DNA of the company. They are proactive in following up and scheduling interviews and negotiates hard on behalf of us. Their integrity and personal approach makes them an outstanding recruitment partner”

Said Al Jabri Director – Corporate Operations, MB Holding Company LLC

“The MBI team is a huge asset to all employees in the group dealing with finance. Their approach is friendly, open and patient, always willing to assist or give advice. They are doing a great job; keep on with what you are doing.”