ASSISTANT MANAGER “CREDIT CONTROL “
Diamondlease LLC
مجموع سنوات الخبرة :20 years, 10 أشهر
MANAGER - CREDIT CONTROL
Diamond Lease LLC Rent A Car, Dubai, UAE (Member of Al Habtoor Group)
NOV 2013, promoted to manager position -Credit Manager / Finance Manager assistant-, appreciating my outstanding work quality and ideas implemented. My Day to Day activities varies from:
• Monitor the day-to-day financial operations within the company, such as Cash flow, revenue, risk assessment and other transactions.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans through automated reporting tools.
• Building auto reports for tax preparation, auditing, banking, and other financial needs as necessary.
• Conduct reviews and evaluations for Credit evaluation / cost-reduction.
• Liase with auditors to ensure appropriate monitoring of company finances is maintained.
• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
• Managing, Guiding a team of 15+ Finance Team, with daily / monthly KPI Auto reporting.
• Maintain and update Corporate Credit Policy, meeting new legislation and new business lines, Recommending Changes to the management.
• Preparation of weekly customer collections forecast.
• Providing inputs for Budgets, Budget Revisions and Forecast Cash Flow.
• Participation in asset, liability, revenue, and expenses entries.
• Monitoring Credit granting - highlighting default customers, building action plan against each.
• Conducting Departmental Meetings for review of Monthly Financial health (including Status of Payables, Receivables, Financing requirements, Future projections and other aspects.
• Maintain department organizational structure meeting its goals and objectives.
• Initiate and monitoring Central Document repository.
• Attending Debtors Meeting with Customers or Group Office officials.
• Control Credit letters issued addressing the Causes trying to minimize Credit breach to maximum extend.
• Approval / decline for business expansions with current customers based on their history and their current performance.
• Working to implement logical & strict monthly and annually team collections targets.
• Leading and motivating the credit control team to achieve collections targets.
• Tracking of Closed customer accounts marked for legal until balance collection.
• Preparation of monthly debt provision and ECL.
Significant Achievements:
1. 2016 Habtoor Group Employee Excellence Award winner -Best Employee-
2. Lead Debt Collection department to the Departmental 2016 award nomination stage.
3. Up-gradation of accounting system to ORACLE ERP, training & defining the user right interface
4. Customer credit deviation reduced from >64 Days to
Senior Finance Accountant
Diamond Lease LLC Rent A Car, Dubai, UAE (Member of Al Habtoor Group)
Joined on Feb 2008 as A Senior Finance Assistant. During my period till date still owns the best performance. My Day to Day Procedures Varies from:
• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
• Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
• Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
• Produces payroll by initiating computer processing; printing checks, verifying finished product. Completes external audit by analyzing and scheduling general ledger accounts, providing information for auditors.
• Avoid legal challenges by Discussing and complying with legal team requirements.
• Secures financial information completing database backups.
• Protects organization's value by keeping information confidential.
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Responsible for the preparation of accurate financial reports and supporting schedules, as required.
• Duties include highlighting to management potential issues affecting expenses, balances, or cash flow.
• Perform general accounting functions, including operation of the general ledger system, journal entries, and month-end close work.
• Preparing Daily Different collection reports “Exceptional to System Generated “
• Provide sales area managers and sales Representatives the customer Balance Performance.
• Monitoring collection department performance.
• Tracking customers for the payment progress, (mail-phone -visits).
• Reporting my top management full company Customer balances status /performance.
• Informing and reporting the day to day system improvement suggestions.
• Handling customer reconciliations clearing their old balances “Excel “
• Maintain and update my customer contacts and status Data Base.
• Handling the PDC daily register.
• Bank accounts reconciliations.
• Monitoring customers Document Filing “agreements - LPO Expiry Dares - Legal Doc. “
• Key player implementing - testing the new ERP system.
Accounts Manager
TRUEMIX Ready Mix Industries LLC - Location: Ajman, United Arab Emirates, Al jurf - Ajman
Company Industry: Industrial
Job Role: Accounting/Banking/Finance
March 2006 - February 2008
• Building up the accounting system from scratch designing best chart of accounts shows and organize all the accounts in the way to be easy to use and Report
• Taking responsibly for all the financial activities of the company.
• Prepare profit and loss statement report for each (Product sales, Department)
• Maintain local banking relationships including facilities negotiating “ Morabha “ agreements and ensuring such activities are carried out in planned time frame and in context with general financial plans, targets and interest.
• Preparing cost center by analyzes costing per product and its effect on Profit and Loss Accounts, controlling inventory.
• Preparing and compiling monthly financial statements, expenditure analysis, and a budget control to ensure transparency within departments.
• Authorize payments and monitor other expenditures and report major variances.
• Assess financial reporting systems, accounting, procedures and investment activities and make recommendations for changes to procedures.
• Preparing the online cost of sales according to the mix design given from the LAB section
• Monitoring all petty cash Wallets and office supply expense accounts.
• Reconcile bank balances; record general ledger entries
• Preparing the bank position and status in any date” current - Future” helping to avoid the bounced Chqs.
• Establishing customer credit Facility and set up credit accounts with vendors to have the best credit facilities
• Monitoring customer's credit limits Been Followed.
• Payroll including Labor Overtime, Driver’s trips and Sales Commission.
• Preparing the Economic studies for new projects or for the running project
• Managing, controlling and guiding the entire Finance team and their duties to insure the Zero Mistakes Plan.
• Reporting the third parties (auditors & other investors) all the operation and procedures going in the accounts section
• Preparing varies reports Exceptional to the system generated.
• Monitoring the products raw Material Quantity and the customers daily Requests to have a full plan for the next day.
Senior Accountant
SIBONNE LLC - Location: Al Qussias - Dubai - United Arab Emirates
Company Industry: Retail/Wholesale
Job Role: Accounting/Banking/Finance
November 2004 - March 2006 Si Bonne Food Stuff, Dubai, UAE
• Prepare profit and loss statements and monthly closing and cost accounting reports.
• Bank Account Reconciliation.
• Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
• Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
• Monitor and review accounting and related system reports for accuracy and completeness.
• Analyze revenue and expenditure trends and recommend appropriate budget levels and ensure expenditure control.
• Explain billing invoices and accounting policies to staff, vendors and clients.
• Resolve accounting discrepancies (internal / Customer / vendors).
• Create and maintain financial data bases, computer software systems and manual filing systems
• Supervise the input and handling of financial data and reports for the company's automated financial systems.
• Interact with internal and external auditors in completing audits.
• Balance Sheet preparation participation.
Accountant Assistant
Sun Computer Systems - Location: Cairo, Egypt, Cairo - Egypt
Company Industry: Computer/Hardware
Job Role: Administration
September 2003 - November 2004 Sun Computer System, Cairo, EGY
• Receive and process all invoices, expense forms and requests for payment.
• Verify calculations and input codes in to the Accounts system in an accurate manner.
• Maintain and reconcile Bank Statement.
• Deal with daily transactions for the petty cash and ensure that reconciliations are completed on a weekly basis.
• Ensure all filing is done in a timely and accurate manner.
• Prepare Cheques for payment.
• Daily Post checking.
A 3 Month Training On Banking Accounting, By Collage Professors and Bank Employees. Finished With Excellent Degree.
2003 Zagazig University – Commerce College zagazig - Egypt Bachelor Of Accounting ( 4 Years ) With High Good Degree