Ali Hasnain, Credit Assistant

Ali Hasnain

Credit Assistant

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Location
Pakistan - Karachi
Education
Diploma, Accounting
Experience
3 years, 0 Months

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Work Experience

Total years of experience :3 years, 0 Months

Credit Assistant at chevron
  • Pakistan - Karachi
  • October 2013 to October 2014

1. Receivables management:
-Compilation and segmentation of receivables for recovery and clean-up, analysis of receivables ageing, non-paying customers, inactive accounts, credit balances, etc.
-Monitoring credit limits of customers, quarterly checking their credit worthiness through analysis on past payments, bounced cheques and relationship maintained with the company.
-Monitoring credit worthiness of Industrial Customer through E-Credit Software (CORTERA) which performs analysis on financial statements of the concerned customer.
-Maintain and review credit agreements of the customers and make sure all documents are valid.
-Keeping record of payments received for equipment leased by the dealers of retail outlets.
2. Revenue Assurance:
-Reconciliation of Customer Accounts and relevant G/L Accounts on monthly basis.
-Keeping track of top receivables and pursuing /following up from sales team for recovery /settlements.
-Highlighting major non-paying customers and made regular follow up with customers to ascertaining causes of delayed payments resolving them at operational end.
-Handle security deposit receipts from customers and reimbursements to customers.
-Consistent clearing of due customer’s invoices against payments made.
-Follow-up on legal cases progress from sales department representatives as well as implementation status of decided cases.

Executive Officer Finance at SGS
  • Pakistan - Karachi
  • April 2013 to September 2013

-Involved in reporting, reviewing and creating data accumulation.
-Managed payables and purchases.
-Made regular analysis of receivable aging and dues recovery.
-Highlighting major non-paying clients and made regular follow up with clients to ascertaining causes of delayed payments resolving them at operational end.
-Monitoring cost involved in each job and making sure that cost doesn’t exceed the provisions made for them.

ACCA trainee in Distribution Finance at Karachi Electric Supply Corporation
  • Pakistan
  • October 2011 to October 2012

Karachi Electric Supply Corporation (From October 2011 to-date)
Working as ACCA trainee in Distribution Finance
* Attended in-house training on Advance
Ms Excel in KESC.
* Handling and Processing Allowances.
* Making Reports on Performance Monitoring.
* Handling Aging of Ordinary and Industrial Customers.
* Miscellaneous Reporting on Ad hoc basis.
* Performing Analysis on Billing of Public Sector Consumers.
* Performing Analysis on Recovery of Receivable Dues.
* Handling and Raising Undertakings on due dates.
* Making Reports on Transmission and Distribution Losses.
* Making Reports on Feeder Losses

Working in SAP environment
* Attended in-house training on SAP in KESC.
* Generated Reports on Business Analyzer for Reporting purposes.

Working in Oracle environment
* Generated Reports for Reporting Purposes.
* Posted entries in Customer Statements.
* Processing of Allowance Cases through Industrial Billing Exe.

Finance Internee at Chevron Pakistan Limited
  • Pakistan - Karachi
  • June 2011 to October 2011

Chevron Pakistan Limited (From 27 June to 6 October 2011)
Completed three months internship in Chevron Pakistan Limited (formerly Caltex)
* Assisted and worked for the preparation of Sales Tax Return of the company by downloading the Purchases data from SAP into Ms Excel complete it for all the requirements of sales tax law. Change the data into required format to upload on the FBR website. Fully understand the logic and substance for the preparation of the Sales Tax Return.
* Helped in preparing and reconciling the Employees Provident and Gratuity Fund Account of Chevron Pakistan Limited.

Working in SAP environment
* Processing of vendor invoices in SAP through transaction code MIRO
* Posting of FI entries in SAP through transaction code F 02
* Can display vendor balances through Transaction code FK10N
* Can display customer balances through Transaction code FD10N
* Can display GL Account balances through Transaction code FS10N

Education

Diploma, Accounting
  • at ACCA
  • June 2015

ACCA Finalist.

Bachelor's degree, Commerce
  • at University of Karachi
  • January 2009

• B.Com University of Karachi 2009

High school or equivalent, Commerce
  • at Commecs Institute of Business and Emerging Sciences
  • January 2006

• HSC (Higher Secondary Certificate) Commecs Institute of Business and Emerging Sciences 2006

High school or equivalent, Computer Science
  • at Progressive Children Academy
  • January 2004

• SSC (Secondary School Certificate) Progressive Children Academy 2004

Specialties & Skills

Languages

English
Intermediate
Urdu
Expert

Training and Certifications

Certificate in Microsoft Office (Certificate)
Date Attended:
March 2007
Valid Until:
June 2007