Accounts Receivable Executive
Wurth Gulf FZE
مجموع سنوات الخبرة :17 years, 3 أشهر
Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables' data.
•Maintaining customer accounts, follow-up for payments and Applying fair credit practices
•Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
•Review sales invoices, credit memos & posted voucher on customer ledger.
•Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger
•Manage and reconcile customer's ledger and prepare aging reports for collection cycle.
•Handling company post dated cheques and ensure deposit on timely manners for clearing.
•Manage and process all branches POS card payments and reconcile bank account.
•Preparing management & MIS reports for management.
•Verifying and process petty cash expenses.
•Collaborates with the Collections Manager to set collection monthly target.
•Deal third parties regarding leasing arrangements & contracts as per group need. Achievements Started my job as Junior staff and get promoted to supervising team within 1st year. Successfully built a team, achievement of best managed deadlines. Increased staff efficiency by more than 50% through rigorous training of accounts
Preparation of monthly financial reports, MIS reporting & whole accounting cycle.
•Preparation of monthly budgets & variance analysis.
•Monitoring sales for each unit on daily basis including profitability.
•Achievement of minimal cost per unit by implementing cost reduction budgets.
•All parties Account Payable/Receivable Ledger Reconciliation and resolving discrepancies.
•Review purchases & payment cycle with 3-way matching concept, LPO, Invoice, GRN
•Handling cash-flow management system through cash & credit sales, by checking all postdated cheque & working capital management cycle for operation.
•Maintains accounting controls by preparing and recommending policies and procedures.
•Preparation of sales targets, Implementation & its Monitoring.
•VAT accounting and VAT return on monthly/quarterly basis.
•Coordinate with Internal and External Auditors in completing Audits.
Manage Receivable and Payable.
•Preparation of monthly/annually financial statements and reports for clients or company management
•Reconciles financial discrepancies by collecting and analyzing account information