Receivable Accountant & Credit Control
Imdaad LLC
مجموع سنوات الخبرة :10 years, 11 أشهر
Directs and manages billing collections personnel and all activities related to the collection of accounts receivable
including AR analysis, process, and systems workflow development, appeal submission and follow up, negotiate
settlement agreements, and payer trend analysis.
Responsibilities:
Complete control over the Accounts Receivable of the entire business by having regular reviews, frequent follow-ups to
speed up the collections and ensuring minimum bad debts.
Preparing weekly and monthly AR reports, to the BU Director & Strategic Planning Dept.
Conducting regular Credit Committee meeting with BU Director, BD & Operational managers to discuss various receivable
challenges & prepare action plans.
Interacting on a regular basis with upper management and other internal customer departments to integrate solutions that
meet the company's goals both financially and operationally .
Monitor all collection activities and develop processes to improve cash flow and downsize receivables
Building relationship with customers to develop trust & secure payment on outstanding balances with the means of phone
calls, emails and customer visits.
Refer high risk accounts for legal action and handle all related correspondence and queries from the Legal Department.
Addressing customer inquiries on billing errors, incorrect payment applications, disputed invoices and other inquires and
liaising with respective internal departments to get it resolved.
Supervised efficient working of account receivable team and provided training & required assistance
Owned & managed month end closure of accounts receivables. Running revenue Reports, reconciling monthly revenues &
preparing AR Journal entries.
Ensuring all deadlines are met and AR Team is complying with company procedures
Ensuring compliance with FTA requirements & taking advise from VAT consultants as and when required
Company Profile: Al Tasour Auto Spare Parts is a trading concern focusing on trade of lubricants, batteries, auto parts in Middle East & Africa. The company has exclusive selling agreements of brands like V-Tech Lubricants, Techno Max Lubricants, Techno Max, Charisma Batteries.
Responsibilities
• Keeping an excellent relationship and acting as a first point of contact for customers and vendors and other internal / external stakeholders
• Routine accounts activities like AR follow-up, handling Prepayments and Accruals
• Keeping control on receivables and follow up with customer on collection.
• Preparation of Daily Cash Position and report to Finance manager
• Reporting on monthly receivables and collection, and submission of Sales report to Finance Manager and monitoring the invoicing progress to ensure the monthly Sales target is duly achieved.
• Resolving discrepancies in posting against Bank statements and other accounting related issues
• Payroll Administration (Arranging transfers via WPS, preparation of monthly sales commission).
• Compiling various payment vouchers and bills for correction and analysis.
• Working with clients to reconcile any payment/ billing discrepancies, with business line finance to resolve old items on AR aging
• Preparation of invoice, Debit / Credit notes, and Recording all cash activity.
• Reconciling subsidiary ledger balances with general ledger balance
• Inventory adjustments against stock taking report.
• Liaising with Banks & Govt. Authorities (Ministry of Interior/ Economic Dept / Municipality)
• Attend Customer’s claims on short receipt, damage & issue Credit note as per the policy
• Placing Orders, Interfacing with vendors on the open / back orders, Shipments, Shipping docs to ensure the receipt of goods as per agreed terms
• Continually working with team towards meeting organizational goals by improving business standards, service levels and financial results.
• Carry out sales & marketing activities for online advt. products.
• Supports RM for developing the marketing & pricing strategies for new and existing products
• Provides product demonstration to customers and attending their queries via Phone, E Mails.
• Maintain direct contact with customers to draft scope of work
• Keeping computerized order data and further follow-up for the payment confirmation,
• Coordination with customers for providing timely update on pending order status
MBA WITH DUAL SPECIALIZATION IN MARKETING & FINANCE
Bachelor Of Business Management (BBM)
S.S.L.C 2004