Credit Control-Receivables Officer
MELITI GENERAL TRADING LLC
مجموع سنوات الخبرة :8 years, 8 أشهر
• Credit Controller--Receivables @MELITI GENERAL TRD LLC Nov 2015 - June 2016
Roles and responsibilities:-
Ensures AR process is performed appropriately to optimized collection
Overall in-charge with the daily monitoring and total receivable transactions of the company
Follow up, collection and allocation of payments to the ERP Oracle system
Build personal relationship with top accounts and attend regular face to face collection meetings
Review and improves credit & receivables as required to further enhance the receivable turnover of the firm that will help to improve company’s financial position
Resolves collections by examining customer payment plans, payment history, and credit line
Actively persuade customers to change payment method from cash/cheque to bank transfer
Monitors customers account details for non-delayed payments and other irregularities and initiates collection efforts through tele calls, mails and direct meetings.
Checking all cash/cheques, wire transfer, bank transfer, returns and charge back to customer a/c on a timely basis
Investigate and resolve billing and account discrepancies
Resolve accounts receivable issues with customers and collections on time.
Maintain an accurate aging report and make necessary adjustments which are past due or dispute needs to be write-off after management approval
Sort out the problems/requirements of customers according to their outstanding issues
Process credit application request from new customers and maintain approval along with relevant documents
Receiving and clearing of ODC & PDC
Research and analyze accounts
Monitor Credit limit of Customers
Closing of all month & yearly preparation for Audits
Assist Internal & yearly audits.
Reconciles bank accounts and assisting the preparation of monthly financial statement
Analyze and verify accuracy of the financial statements and management reports
Assist in general ledger accounts reconciliation and in the preparation of month-end financial reports.
Roles and responsibilities:-
Reporting to the head of Finance about the day-to-day functional receivables
Management of incoming payments such as cheques, bank transfers, cash payments
Follow-up on outstanding Payments and sorting out of monthly credit control
Answer all customer queries related to payments and outstanding balances
Finding the right solution for getting the payment from old bad debts
Prepares and analyse aging reports on regular basis
Review credit limits and recommends appropriate credit terms
Regularly update and send Statement of Accounts (SOA) to the customers
Records receivable transactions daily and monthly wise with support of relevant documentation
Mail & Tele payment follow up and collection
Collects cash and cheques from customers and prepares daily summary of collection and deposit slips
Ensure all collections are deposited in the company bank account on a daily basis
Ensure invoices are delivered to the proper persons authorized to arrange payment and follow-up for collection process
Booking, verifying and posting of customer Invoices
Preparation and reconciliation of customer account and other statement of accounts
Custodian of all signed cheques and releasing the payment as per the instruction from top level mgt
Safe keeping of PDC/Guarantee/Security cheques and release after getting proper approval
Assisting the accounts manager for the monthly closing of account
Monitoring the payroll account and pass necessary entries for salary, deduction, violation, personal loan
Reconciliation of bank accounts with assigned vehicle loan
Ensure timely deposit of cash and cheques in the bank on daily basis
Prepare and submit local payments on timely basis supported by proper documentation
Provides financial status information by preparing special reports
Attending meetings with finance Dep't in various reputed companies
Collection & Submission of tenders from govt & private sectors(eg:kharamaa, QP, Qsteel, Maersk oil)
Submission of various bank documents with different banks in Doha (eg: open LC documents, Shipment Invoices, Bill of lading etc)
Collection of dispatch documents from home bank (eg: Py Remittance advice, bank statements, Cleared LC documents, etc)
Compile data and prepare monthly reports and statements
Work effectively as a team contributor on all assignments
• Inventory and Sales Accounts @ Dohastar trading company WLL.
(Dealer of Sanford electronics in Qatar -- Feb. 2007 - Feb. 2008
Roles and responsibilities:-
Preparing cash and credit invoices.( Incl.all hypermarkets )
Verifies items billed against LPO and ensures timely delivery on customer locations.
Maintaining local and foreign purchases.
Costing and price manage of products.
Pointing cash and credit sales.
Stock taking and clearing.
Manages petty cash for store and delivery division
Preparing statement of accounts
Sales commission report ( outdoor sales )
Reconciliation of intercompany transactions
Preparation of general purpose financial statements
Monitoring the receivables of the company and reconcile AR Account heads.
Posts financial data to appropriate in an automated accounting system
above 50%