Accountant
The First Group
Total years of experience :20 years, 2 Months
Manage accounts of 200+ customers and monitor credit facility and risk assessment; reporting directly to Head of Finance/Controlling.
Oversee bank transactions and post-dated cheques summary. Issue pro-forma invoices, prepare documents required for Letter of Credit (LC) delivery, and follow-up with bank regarding status. Coordinate with legal advisor and operation's team for regulatory compliance and invoice variance claims. Support head of finance to evaluate monthly bad debts provision. Develop monthly ageing analysis report and collection summary. Collaborate with revenue controller and branch manager to ensure smooth running of on-going projects. Assist management in implementing credit control policies and procedures. Organised training session for credit controller and develop training materials for customer care management. Support external auditors to fulfil interim and yearly audit requirements regarding AR.
Key Contributions:
Secured collection of AED 351M in 2018 (the highest amount collected for the last five years).
Minimised monthly debt provisions by 10%.
Gained approval for all customers’ credit facility requests from managing director, regional managing director, and overseas regional director.
Commended by management for achieving zero un-posted and/or un-allocated collection each month.
Oversaw general accounting operations by controlling and verifying financial transactions; reporting to chief accountant
Coordinated with procurement in-charge to resolve vendor discrepancies. Influenced department manager to gain approval for proper posting and cost allocation of verified invoices. Assisted executives in all payable transactions, general ledger reconciliation, and debit/credit activity analysis. Reviewed and processed payment invoices to ensure authorisation; entered invoice data into accounts payable system. Received and responded to vendor and customer inquiries. Developed monthly payment schedule and oversaw electronic funds transfer processes.
Key Contributions:
Commended by management for monthly closing of accounts before target date.
Delivered standardized and improved documentation of business processes
Reporting directly to Finance Manager. Managed company’s cash position and borrowings from financial
institution. Managed foreign exchange spot transactions.
Daily monitoring of foreign exchange rates and analysing the factors affecting the fluctuations. Managed accounts receivable within the group. Supervise group and local payments.
Active member of Association of Junior Accountancy in Philippines