Mohamed Wasim Aravassery Noordheen

• Collaborated with cross-functional teams to analyse project financials and identify areas of improvement, leading to an increase in accurate revenue recognition.
• Generated detailed revenue reports monthly, providing accurate insights into company performance and enabling informed decision-making.
• Implemented an automated system for generating Ageing reports, reducing manual workload, and increasing efficiency in tracking outstanding payments.
• Managed and streamlined the project accounting lifecycle for a portfolio across MENA and India region, resulting in increased efficiency of project budgets and profitability.
• Reporting project profitability by analyzing the resource cost and revenue
• Developed and executed a streamlined process for the prebill report, reducing billing errors and improving accuracy in client invoicing.
• Analysed resource costs and revenue for reporting project profitability, leading to an increase in overall project margins.
• Researched and resolved complex client billing requests, resulting in reduction of invoice disputes.
• Oversaw and guided a shared service team in setting up new project codes, payment applications, customer, and vendor onboarding in the system, ensuring accurate budgeting and resource allocation for each project.

• Maintaining master data base for all revenue contracts by category
• Revenue Streams include - Licensing, Rentals, Sponsorships, Value in Kind, Events & Exhibitions, Concessionaires
• Preparing and maintaining monthly revenue schedules
• Ensuring that Sales Orders are prepared by end users on a timely manner
• Monitoring and management of invoices
• Preparing ageing reports by category
• Monitoring, Recording and Posting of bank receipts
• Maintenance and monitoring of customer ledgers
• Onboarding of new customers into ERP after verification
• Liaising with Internal Audit & Assurance team to prevent revenue leakage and to ensure proper controls are in place
• Liaising with external auditors to provide their requirements
• Ensuring payment securities are received as per the agreement and liaising with the Treasury Department for safekeeping (e.g., Post-Dated Cheques)
• Monthly calculation of royalties & Quarterly reconciliation of royalty report
• Reviewing of draft contracts for revenue aspects
• Handle full cycle of collections/credit control in liaison with end user and legal departments
• Maintenance of documents and files related to the Revenue department
• Processing refunds and adjustments for customer accounts
• Supporting the revenue team with all other ad-hoc reporting requirements and deliverables

• Calculated bills owed by customers, prepared invoices, and distributed statements based upon established accounts receivable schedules and terms for five entities across Middle East and Africa Region
• Issued proforma invoices according to business requirements
• Reviewed contract and purchase order terms and conditions
• Created Customer Accounts, Sales entries & Credit notes
• Verified figures with cross-checking of different accounts and documentation.
• Generated account statements outlining payments and balances.
• Monitored accounts payables and receivables to proactively spot and handle problems.
• Used correct classifications and coding for accounting transactions.
• Totaled up revenue from different sources to create full picture of income.
• Compiled records for audits to facilitate smooth and complete reviews.
• Contacted clients with past due accounts to formulate payment plans and discuss restructuring options.
• Identified, researched and resolved billing variances to maintain system accuracy and currency.
• Produced, distributed and tracked more than two thousand monthly invoices for software licensing business.
• Generated financial statements and reports detailing accounts receivable status
• Verified accuracy of accounts payable payments, resulting in reduction in payment errors and check reissues.
• Trained and mentored new team members on accounts payable & receivable systems and policies to build cohesive groups and promote operational performance.
• Utilized talents and expertise to complete on-time and accurate monthly closing processes, journal entries and accruals.
• Responded to customer concerns and questions on daily basis.
• Verified vendor accounts by reconciling monthly statements and related transactions.
• Developed rapport with clients and vendors to cultivate loyalty and satisfaction.
• Produced and mailed monthly statements to customers and assisted with related requests for information and clarification.

• Pricing (Bids, Deals and Negotiations)
-Worked on large deals and won with good margins.
- Detailed Analysis on the various parameters and factors of large deals were conducted.
- Liaised with the Business Finance Managers and Business Team for working on simulations and reverse auctions.
• Credit Control
- Co-ordinated with the Business Finance Managers and Financial Planning & Analysis team to verify the credit rating of the customers.
- Payment Terms with the customers was worked upon before the contract finalization.
- Reviewed and Finalized the clauses with respect to bank guarantee, letter of credit and payment protection.
- Analyzed and reported cases of non-adherence to payment plans by customers to the Management - Finance and Sales.
- Reviewed the Final Purchase Orders, Scope of Works and Master Service Agreements before booking to ensure they are complete, accurate and in compliance with the terms and conditions.
• Financial Review (Master Service Agreements, Request for Proposals, Scope of Works)
- Reviewing and bringing down the critical clauses to an acceptable level.
- Collaborated with the Legal and Business team for providing the more reasonable justification to the customers.
• Revenue Recognition (Recognizing revenue on completing the obligations under the contract)
- Integrated the revenue team with the pricing, order booking and review team with utmost efficiency.
- SAP GUI - Performed checks on customer payment and billing details. - Analysis on the contract was done to determine the contract type and payment terms.
- Liaised with Delivery Managers to determine the percentage completion of the projects.
• Order Management and Internal Audit
- Liaised with the Business Team to book the orders in the system received from the customer.
- Audit of the booked orders were done to confirm the completeness and accuracy.
• Training
- Training was provided to the newly integrated revenue team and new joiners.
- Presentations were created to provide better understanding.