YASER ARAFATH

 Prepare all kinds of payments, receipts, journal vouchers; maintain sales-purchase records, correspondence, and filing of letters supplier-wise, shipment-wise respectively.
 Monitoring and checking of all the accounting entries and ensure that it is posted to the proper accounts To ensure that the cash book and petty cash are updated on daily basis
 Preparation of monthly financial reports (Income Statement, Statement of Financial Position, Cash flow statement) and reporting to the Finance Manager
 To generate from the tally monthly report for all the outstanding receivables.
 To check bill of Suppliers and initiate payments. (Payables) & follow up outstanding (Receivables) from clients.
 Review and Process monthly payroll and input the payroll entries in the System as well as to process & transfer monthly salary of employees via Wage Protection System (WPS).
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 Prepare export documents like commercial invoice, packing list, certificate of origin, shipment advice in compliance with letter of credit from bank.
 Send Bill of Lading instructions to supplier; follow up the readiness, shipping schedule & details of the consignment.
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 Keep track of shipments from pre-loading inspection till goods arrive in the destination. Co-ordinate with shipping co. for switch bill of lading and other certificates as per requirement if any.
 Preparation of export documents of various types of Letter of Credits and communicating between banks and suppliers
 Coordinating With Banks in preparation of documents like Performance Guarantee, Performance Bond etc.
 Reconcile bank statements every month.
 Keep track of bills payable, arrange required cash inflow for settlement on due dates.
 Prepare profit & loss account & balance sheet quarterly.
 Maintain & handle accounts up to finalization.

 Prepare Trust Receipt payment for Suppliers through various banks and ensure payment reaches on time to suppliers by following up with bank for debit advises.
 Ensures that the accounts team passes necessary entries for T/R payment made.
 Ensures that, Finance Manager is notified prior to maturity date and necessary funds are arranged to settle it.
 If required, prepare documents to pre-settle Trust receipt before maturity date to save finance cost.
 Prepare and follow PDC cheque discounting procedures as when extra funds are required.
 Ensures that, Finance Manager is notified prior to maturity date and necessary funds are arranged to settle
 Verifies all documentation for accuracy and completeness
 Prepare LC documents (Commercial Invoice, Delivery Note, Payment certificate) and submit to the customer and follow up for obtaining signatures.
 Prepare Import & Export Letter of credit applications as per the contract between ( Buyer and Seller)
 Reviewing and coordinating with bank regarding documents presentations against Export & Import L/Cs with the bank (commercial invoice, delivery note, Third Party Certificate, Payment certificate)
 Verifying all documentation of Letters of Credit for accuracy and completeness by monitoring the collection of payment from applicants or confirmed banks which issue Letters of Credit.
 To ensure all trade transactions are accurately processed and verified in accordance with the customers’ instructions and according to the bank’s operational instructions, procedures and policies and neither the customer nor the Bank is placed at risk.
 Liaise with various banks and establishes pricing schedules for various L/C services.
 Liaise with banks on whereabouts of LC documents submitted and ensure that the LC discounting is received on time.
 Ensures that, Finance Manager is notified prior to maturity date and necessary funds are arranged to settle for Export Letter of Credit
 Forecasting the need for Letters of Credit (L/C) in line of business by asking for any amendment that is required.
 Speak directly with customers to clarify the requirements, and acquire strong understanding of the documentary requirements of the importing countries which ensure that the goods and documents comply with current local regulations.
 Maintaining historic data for each L/C
 Managing relationships with correspondent banks
 Communicate with sales representatives and invoicing representative as when it is necessary to complete Invoicing on time.
 Receive and verify invoices.
 Reconcile the Customer ledger to ensure that all payments are accounted for and properly posted.
 Send statement to outstanding customers
 Facilitate swift payment of invoices due to our company by sending bill reminders and contacting clients with outstanding accounts
 Collaborate with Sales teams to maintain collection goals and A/R performance levels.
 Interact with customers to resolve outstanding issues
 Resolve valid deductions by speaking to client and obtain necessary approvals to write it off.
 Verify the validity of account discrepancies by obtaining and investigating information from sales teams and customers
 Review all credit balances, refunds, and adjustments, and apply adjustments or corrections to customer record
 Receive and fill out receipts for third party payments, whether by cash, cheque, credit, and other forms of payment.
 examining customer payment plans, payment history, credit line by coordinating with person responsible for payment
 Make arrangements for payment of late accounts by preparing alternative documentation for payment execution
 Coordinate with customers by telephone or in person to determine reasons for overdue payments and to review the payment terms for future deliveries.
 Prepares daily bank deposit.