AR Specialist Cum Credit Controler
National food Products co
مجموع سنوات الخبرة :13 years, 7 أشهر
Responsible for chasing outstanding debts from both Local and Export
➢ Allocate receipts to invoices and credit notes so that customer balances show the correct debt due to ensure that debtor information is accurate.
➢ Responsible for producing aged debt listings and days sales outstanding (DSO) reports to maintain and control the debtor level and days outstanding.
➢ Identify slow moving accounts noting key details on the Credit Control system so that delinquent debts are escalated for case management.
➢ Submitting the contracts for the new credit/prepaid customers after reviewing supported documents to comply with company’s’ policies and procedures.
➢ Post and lodge cheques, telex transfers from customers and review daily bank receipts including credit transfers from both export and local sales, so that funds are credited for value as soon as possible
➢ Communicating with departments of sales and finance upon any material changes in the situation of financial positions of important customers
➢ Prepare daily Ageing report to management
➢ Record and Reconcile customers’ statement of account
➢ Open new customer accounts on operation system and maintain customers’ updated information.
➢ Sister Company (9 companies) and Bank (4 banks) reconciliation - AR, AP And GL Reconciliation of 9 Sister Companies, Banking Partner and report send to Higher Management on Monthly basis
➢ Monthly Calculation of Salesman and delivery man Commission on Monthly basis
➢ Investigating and resolving any irregularities with invoices and other documents to facilitate the payment from local and Export customers.
➢ Verification of Export Documents and Sending to Concern bank.
Purchase Order Processing: Preparing Purchase Orders, System Receipt Voucher, and Invoice Matching for supplier payments & Petty Cash Vouchers for reimbursements of retail outlet petty cash expenses.
Payments to suppliers (Local & Foreign), Update landed cost, Matching store receipt with invoices.
Monthly sales and collections reconciliation.
Inter co Invoices transfer quantity & reconciliation (Purchase & Sales)
Reconciliation of Quantity sold with store issue
Commission Calculation Payable to Sales Man.
Budgeting, & costing for bottle manufacturing.
Sales order processing. (Update sales, Self rent, FOC)
Waste sales entries & reporting.
Performing physical stock count of retails outlets on monthly basis.
Closing JV (Distribution of Common, Quality Marketing, etc expenses to their respective sales BU’s.
Role included the following responsibilities:
Prepare budgets and forecasts in conjunction with country management, Holding and the Group CFO. Undertake ad hocfinancial analysis as required
Critically review actual spend as compared to budget and work with stakeholders to identifycost saving opportunities.
Ensure preparation of monthly analysis for country management and Group CFO/ on cost variances ➢ Implement cost savingand efficiency initiatives wherever appropriate
Costing Analysis of (Pak Kuwait Textiles & AL-NASR Textiles)
Open new customer accounts on operation system and maintain customers’ updated information.
Prepare Weekly basis AR Ageing report to management, PDC missing Report, PDC in hand Report, Cash Sales Short ExcessReport.
Responsible for chasing outstanding debts from both Local and Export. Block and Unblock Customer’s. Review Credit Limits, Credit Term’s, identify slow moving debts and escalate to management. Cleanup AR Aging report from old debts, Reconciliation of customer A/c and escalate to sales team if any discrepancies.
Assistant Accounts Manager at Umer Group of Companies - Faisal Spinning Mills Ltd. (WU)
1 February 2010 - 10 August 2012
Role included the following responsibilities: ➢ Preparing reconciliation of Creditors, Debtor Accounts and Yarn.
➢ Making payments of yarn parties daily basis & Parties wise contract report.
➢ Updating Input Sales Tax reports on daily basis.
➢ Preparing of Yarn consumption on monthly basis.
➢ Costing of Work in Process Inventory.
➢ Handling of Yarn movement (Issuing, Doubling & Dyeing)
➢ Preparing Monthly, Semiannually, & Annual Accounts.