Regional Finance Controller
Arabian Trading Supplies
مجموع سنوات الخبرة :13 years, 3 أشهر
Expertly act as Regional Finance Controller for Yousef M. Naghi Group of companies, one of the biggest and leading companies in the Kingdom of Saudi Arabia, holding the import and distribution agency for numerous internationally accredited brands, including Mars, L'Oreal, Reckitt, Benckiser, California Garden, Lotus, and Pinar. Accurately verify credit application forms of new customers, review credit check reports, and establish credit limits. Release sales orders in compliance with credit control policies and procedures. Manage regional accounts receivable to ensure debtors days are within company policy. Conduct weekly management reporting of accounts receivable and expected AR bad debts provisions. Reconcile all customer accounts and confirm balances on a quarterly basis. Regularly follow up with regional sales team to achieve monthly collection targets. Control credit notes and sales receipts to ensure timely processing. Conduct regular and surprise van audits. Vet, verify, and initial approvals and timely payment of all employee expenses and sales commissions. Verify requests for moving customer accounts to legal department. Control damages and expiries, ensuring policies are fully implemented. Manage and control fraction sales and stocks as well as regional finance team. Approve leave and final clearances of sales personnel. Ensure smooth month end close process of AR with allocations and application of all documents. Liaise with warehouse and logistics personnel to facilitate timely processing of sales orders and deliveries and red flagging of critical issues. Organize and conduct annual physical inventory of regional warehouses.
Consistently comply with all credit management procedures
Meet periodic reporting deadlines for timely and streamlined operations
Prepare specific reports to identify variances from plan, in numerical and graphical formats
Provide comprehensive support to sales teams to control bad debts and achieve collection targets
Successfully serve as Senior Accountant for a major exporter and #1 manufacturer of air conditioners in the Middle East and Africa. Accurately oversee accounts receivable and ensure consistent update of AR records. Reconcile accounts receivable balances with customer statements. Ensure set off of receipts against invoices to maintain open item list. Conduct comprehensive period end closing and reporting. Prepare and communicate regular and ad hoc managerial reports, providing information on the status and issues involving accounts receivable. Participate in annual physical inventory
Effectively conduct cost calculations and accounting for all imports. Track and update shipments for all suppliers. Perform banking follow up and collection of shipping documents, coordinating with bankers for issuance of letters of credit or cash against documents. Review weekly shipment tracking and report to management. Coordinate with warehouse and insurance company for all inventory insurance purposes. Post month end finalization entries.
Engage in comprehensive cost control, budget administration, cash calls, and cost reporting for company projects. Prepare weekly supplier payments by checking AP aging reports. Accurately prepare checks for timely payment and record all payments. Conduct reconciliation with project suppliers. Develop and manage new chart of accounts. Perform petty cash settlement and replenishment.
Manage timely processing of sales receipts and credit notes. Perform petty cash settlement and replenishment. Conduct regular van audits.