Abdul Munaf Ibrahim, Accountat

Abdul Munaf Ibrahim

Accountat

Al Abbas Group

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Accounts and Finanance
Experience
19 years, 5 months

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Work Experience

Total years of experience :19 years, 5 months

Accountat at Al Abbas Group
  • United Arab Emirates - Dubai
  • My current job since October 2010

• Preparing and following up of Receivables, conducting ageing analysis with an aim to keep receivables under control.
• Reviewing the credit for new customers and verifying their documents include Audit reports and other mandatory requirement as per the policy, for the new customers preparing file and maintaining the same in line with company policy, getting the approvals from higher management with respect to credit lines.
• Analysing credit holds blocked by ERP for reasons like credit lines, payment terms or invoice overdue. Deciding to release or to block the order after proper analysis with the aim to reduce risk and increase sales
• Achievement includes reduction in number of days of AR of company from 80 days as of 01-Oct-2010(joining date) to 55 days as of 31-Oct-2013.
• Processing and approving credit notes based on company policy and rejecting the one’s which are not covered under policy, which resulted in reduction of credit notes and thereby reducing expenses directly effecting bottom line and thereby improving the profits.
• Other responsibilities included - preparation of receipts, daily deposit summaries, all routine bank deposit activities, other collection related co-ordination activities.
• MIS - Reporting activities includes preparation of Bank Reconciliations, Monthly collection summary - Division wise, Preparing aging report and submission to various salesman, Escalation of doubtful debts
• System used was ERP - Oracle Financials 11i

Accountant General at Mostafawi Stores
  • United Arab Emirates - Dubai
  • February 2006 to September 2010

Maintaining Receivable accounts - Chief responsible for Receivable & Payables Accounts (Debtors and Creditors). -Preparing and following up of Bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control. Undertaking debtor segmentation and suggesting suitable collection strategy to management according to the category of debtors. Payables Accounts includes - validation of Suppliers documents (invoices & delivery notes) with the company LPOs or equivalent and other pertinent internal documents and review of payment vouchers before disbursement (via Bank transfer or Cheque) issuance.
Reconciliation of Banks Statements.
Preparing Sales and Banking reports for Management review.- Daily and monthly basis.
Monitoring the cash transaction of company.
Preparing all annual reports. ( P&L a/c, Trail Balance, Balance Sheet)
Responsible for Petty Cash Fund Management.
Process Payroll using Microsoft Excel.
Correspondence with supplier with respect to AP settlements and Banks with respect to Import LC preparation.
Daily Cash, Cheques, Credit Card payment & Telegraphic Transfer ETC., all kind of Collection activity handled by me.
Prepare documentation for accounts due for legal action, transfer of delinquent customers to doubtful debtors.

Accountant General at Pacific Garment Factory LLC
  • Jordan - Amman
  • June 2004 to September 2005

Preparing all accounts activities for the company and reporting to the chairman.
Keeping all records for the employees and maintaining their files.
Preparing Bank reconciliation statements.
Monitoring the cash transaction of company.
Preparing all annual reports. ( P&L a/c, Trail Balance, Balance Sheet)
Maintain accounts books and managing debtors and creditors.

Education

Bachelor's degree, Accounts and Finanance
  • at Karanataka Univiercity India
  • May 2003

Specialties & Skills

Debtors
Balance
Preparation
Invoicing
Good Knowledge in Outlook & MS Office ( Expert In Excel )
ERP Oracle

Languages

English
Expert
Arabic
Intermediate

Training and Certifications

MS-Office (Training)
Training Institute:
SSI
Date Attended:
April 2002