Mohamed Ali, Credit Control Manager

Mohamed Ali

Credit Control Manager

Atlas Copco Services Middle East

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Accounting
Experience
17 years, 0 Months

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Work Experience

Total years of experience :17 years, 0 Months

Credit Control Manager at Atlas Copco Services Middle East
  • United Arab Emirates - Dubai
  • My current job since March 2021

Ensure adherence in all aspects to the Credit Policies/Procedures of PT.
Submit credit requests to senior management (BC, BLMs etc.) with supporting documentation/analysis for approval.
Regular follow up of overdue AR and make plan to reduce overdue balance.
Organize meetings to review receivables and ensure decisions are actioned and followed up. Ensure down payments and payments after invoicing are properly allocated in accounting terms.
Timely raising of red flags to management. Undertake actions to reduce the negative impact on profit (credit notes, customer pay back, customer claims, receivables write off, etc.)
Prepare regular reports on all outstanding invoices with follow-up action plan (regular cooperation with other teams Sales-Logistics-Service ).
Follow up the reconciliation of customer payments/advances against invoices.
Follow up the reconciliation of Module and GL for receivables account.
Liaise with customers in case of credit disputes.
Initiate, follow up and update legal cases with customers.
Support operations with customer creation along with customer/delivery block/unblock processes. Maintain bad debt and bad debt provisions records (as per The company policy).
Follow up the receivables aging report.
Liaise with logistics on credit related matters.
Follow up of credit procedures as per requirements by regional Customer Centers.
Develop and monitor KPIs of PT Credit Department.
Confirmation of collection for salesman commissions.
Maintain accurate Master Data for the customer master.
Review of LC terms and follow up of LC with banks.

Accounts Receivable Specialist at Atlas Copco Services Middle East
  • United Arab Emirates - Dubai
  • April 2018 to February 2021

Accounts receivables specialist
Ensure adherence in all aspect to the Credit Policies/Procedures.
Submit credit requests to senior management with supporting documentation/analysis and financial position for customers for approval.
Checking financial position for any new customer before guarantee any credit facility through review their financial statement if available if not asking for payments guarantee like LC- PDC or any other available option.
Maintaining balance between loosing new opportunities du the restriction with payment terms and loosing company funds du the indulgent terms.
Regular follow up of overdue AR.
Prepare regular reports on every outstanding invoice with follow-up action plan (regular cooperation with different teams Logistics - Sales).
Follow-up the reconciliation of customer payments/advances against invoices.
Follow up the reconciliation for invoices and assuring it’s in line with the VAT requirements. Preparing data for VAT return report.
Liaison with Customers in case of credit disputes.
Support operations with customer creation in the System, customer block/ unblock processes.
Maintain bad debt and bad debt provisions records (as per the company policy).
Develop and monitor KPI's Credit department.

PTP Accountant at Atlas Copco Industrial Services
  • United Arab Emirates - Dubai
  • November 2016 to March 2018

Prove best quality in P2P operations within.
Daily accounting operation to be delivered within time frame and best quality. Customer Payment & Offsetting
Suppliers invoices processing
Suppliers payment processing & allocation.
Perform miscellaneous Job-related duties as assigned.
Performing various analytical reports for TB accounts.
Performing related TAX reports for Tax authorities within time frame
Work closely with External/internal Auditors to ensure timely and successful audits/reviews. Maintaining customer satisfaction
Implementing prioritized projects and standards

P2P ACCOUNTANT at Atlas Copco EGY REGION(EGY-LBA-IQA)
  • Egypt - Cairo
  • May 2012 to October 2016

Prove best quality in P2P operations within.
Daily accounting operation to be delivered within time frame and best quality. Suppliers invoices processing thru E-Payable
Suppliers payment processing & allocation.
Perform miscellaneous Job-related duties as assigned.
Performing various analytical reports for TB accounts.
Performing related tax reports for tax authorities within time frame
Work closely with External /internal Auditors to ensure timely and successful audits/reviews. Maintaining customer satisfaction
Implementing prioritized projects and standards

General & Financial Manager at Clear Vision
  • Egypt - Cairo
  • September 2009 to April 2012

Reviewing daily accounting operation .
preparing financial data and reports for shareholders and auditors.
preparing Tax reports (Sales Tax, Withholding tax, Corporate Tax) Preparing payrolls

Financial Manager at At E.L.E FOR IMPORT & EXPORT
  • Egypt - Cairo
  • September 2008 to August 2009

Job Role: Accounting and Auditing
FINANCIAL MANAGER
Reviewing day-to-day operation booking and records (supplier invoices & payment,
Customer collections, employees expenses).
Preparing Tax reports.
Preparing Data for auditors.

Receivable Accountant at M.A.R FOR IMPORT& EXPORT
  • Egypt - Cairo
  • April 2007 to July 2008

Job Role: Accounting and Auditing
Receivable Accountant

Education

Bachelor's degree, Accounting
  • at Ain Shams University
  • May 2005

,

Specialties & Skills

Accounting
Commerce
ACCOUNTS RECEIVABLE
LOGISTICS
POLICY ANALYSIS
ACCOUNTANCY
EXECUTIVE MANAGEMENT
Accounts Payable

Languages

Arabic
Native Speaker
English
Intermediate