Treasury and Credit Controller
adidas Sporting Goods
Total years of experience :20 years, 2 Months
Treasury Controller
- Handle trade and nontrade facilities with banks as being first contact person
- Prepare regularly cash and liquidity position report to the management
- Prepare monthly bank reconciliation and submit monthly treasury report
- Update quarter “Bank Account Management” BAM report
- Monitor Bank charges and make sure all charges are matching with the agreement.
- Handle all issues with banks affecting the company operations.
Credit Controller
- Track the bank transactions for cash inflow, collecting PDCs.
- Follow up on incoming transfers
- Record credit notes to whole sale customers
- Calculate monthly bad debit provision
- Prepare monthly reconciliation with Wholesale customers
- Provide sales team and management with timely report on the customers balance, credit limit available, and overdue invoices.
Group companies AR/AP transactions
- Handle all trade and non-trade transaction.
- Prepare monthly reconciliation with all group suppliers and customers
- Calculate the monthly Goods In Transit “GIT” on our purchases
- Prepare monthly trade AP analysis, and process all trade intercompany payments
Financial Reporting experience
- Handle full monthly actual closing tasks
- Participate in the preparation of the quarter forecast and the annual budget process.
Handle Account Receivables:
- Follow-up the collection process of accounts receivables.
- Post credit notes to customers, and ensure the credit notes are properly approved before issuance.
- prepare periodic reconciliation between our accounts with all the WHS customers.
Handle all trade and non-trade account payables:
- Review all customs clearing files and follow up with clearing agencies, process payment to clearing agencies.
- Review supplier invoices, make proper reconciliation, find out discrepancies, and prepare payments for the due invoices and according to the company payment cycle.
- Post all the related GL entries for the receivables and payables.
- Prepare and book operating expenses in accordance with Group finance manual.
- Deal with the external auditors on the tasks within my responsibility
Financial Reporting experience
- Handle full monthly actual closing tasks
- Participate in the preparation of the quarter forecast and the annual budget process.
Head Office Safe Custody:
- Handle all expenses related to head office.
- Post all the GL entries related to HO expenses.
Handle all Taxes related tasks:
- Follow up with our tax advisors on monthly sales tax return, quarter withholding tax return, stamp tax on advertising,
Handle Customs clearing - from accounting prospective:
- Follow up with the customs clearing agencies. Make sure that all the clearing files have been received at the end of each month. Prepare monthly reconciliation.
- Post all the GL entries for actual customs and freight expenses.
- Manage a team of credit analysts, providing continual guidance on the job training and ensure that team member's productivity and quality are met
- Handling the Daily Turned In Applications DTIA as well as the pending applications comes from the daily pending reports sent by the MIS team
- Proposing deviation approval memos from credit policy for applicants with strong profiles despite not meeting certain individual criteria
- Reviewing on the credit analysts and post all the approved applications and after checking the all the debt burden criteria has been met
- Measure the error rate for the team members and to make sure that we are in compliance with the credit policy
- Identify area of improvement to achieve productivity targets and high ratings of account opening satisfaction surveys
- Meeting productivity targets without compromising credit policy.
- Giving recommendations to improve credit and documentation requirement guidelines
- Contribute in Citibank Egypt outstanding performance year 2007 “Certified”
Bachelor degree in Accounting, English study program