Accountant
Transguard Group
Total years of experience :9 years, 11 Months
• Coordinating internal and external audits
• Prepare monthly bank reconciliation statement for different companies of group and coordination with different banks for any discrepancies in bank accounts for local and foreign currencies as well.
• Preparing Job Profitability Report on monthly, Quarterly, Semiannual and annual basis and reporting and presenting to finance controller
• Prepare daily, monthly and project specific cash forecasts to ensure stable funds for smooth business operations and presenting to Finance Manager
• Prepare and execute payments through online banking for different banks for different companies
• Letter of credit submission to bank after ensuring appropriate documentation for export of goods as per terms and conditions mentioned on Letter Credit.
• Managing vendor validation and registration, analyzing and approving credit terms with customers and vendors and verifying vendor payments to ensure compliance with agreed terms
• Reviewing aging analysis and follow up with key accounts of receivables and payables to ensure smooth funds flow and healthy working capital
• Related party reconciliation with member companies
• Ensuring appropriate documentation of accounting transactions performed on daily basis
• Coordinate with Sales and all concerns departments as well as customer, payments for monthly dues, post dues, adjust individual ledger if needed
• Regular update of customer master files to match with current customer details.
• Monitor if all invoices are updated with correct VAT details which include TRN
• Ensure customers and suppliers are in compliance with Federal Tax Authority rules.
• Ensure all invoices are accurately raised in a timely manner within SLA
• Monitor and ensure team performance is in line with KPIs
• Monthly one to one with all 10 subordinates to improve daily performance
• Half year and year end appraisal to all staff in my team
• Producing monthly revenue reports as well as analysing reports monthly reports from team members
• Ensure that all received payments are correctly posted to respective customer accounts.
• Handling complicated customer queries
• Ensuring that financial reports are as per regulatory authorities.
• Credit Management
Credit Control Manager
• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or giving credit to new customers.
• Prepare reports that include the degree of risk involved in extending credit.
• Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
• Confer with credit association and other business representatives to exchange credit information.
• Complete credit applications, including credit analyses and summaries of credit requests, and submit to loan committees for approval.
• Generate financial ratios, using computer programs, to evaluate customers' financial status.
• Review individual or commercial customer files to identify and select delinquent accounts for collection.
• Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographical locations.
• Consult with customers to resolve complaints and verify financial and credit transactions.
• Identified and manage credit notes and write-off concerns.
• Chase overdue invoices by telephone, email & letter within agreed timescales.
• Regular meetings with customers to ensure all relevant debts are managed as necessary.
• Identify changes in payment patterns and propose action to avert indebtedness.
• Handle disputed bills and negotiate to bring payment within the agreed terms
• Secured more business market through effective service delivery to customers.
Credit Management diploma received and Foundation for Business Studies diploma. I have certification on Performance Management. I have a good financial back ground and experience.