محمد رمضان عبد الحميد السيد

2018- till date General Engineering Services EST.(GENSERV-VOLOVO) Financial control Manager and Credit Control Manager, Oman

Transferred from Dubai, UAE to Oman by senior management as a result of exceptional
performance, strong credit governance skills, and proven operational achievements.
Promote to oversee regional credit control functions across Volvo, OCP, and Shamel
International, managing multi-country credit operations under Juma Al Majid Group.
Lead and supervise credit control activities across multiple business units while ensuring
full compliance with financial standards and internal policies.
Manage, train, and evaluate the Credit Control team; develop KPIs to enhance collection
efficiency, accuracy, and overall departmental performance.
Develop and implement enhanced credit policies, procedures, and risk-control systems
to support business expansion and reduce financial exposure.
Review and analyze credit applications, financial statements, customer portfolios, and
payment behavior to set appropriate credit limits.
Monitor customer accounts, prepare Aged Debtors reports, track overdue balances, and
forecast monthly and quarterly collection performance.
Conduct field visits to high-value customers to resolve disputes, negotiate settlements,
and strengthen long-term commercial relationships.
Coordinate with legal teams and external agencies on litigation cases, bounced cheques,
and long-outstanding receivables.
Approve or decline credit recommendations based on risk assessment and alignment
with company policy.
Lead restructuring initiatives to improve workflow efficiency, automation, and digital
transformation within the credit department.
Implement process improvements that reduce manual workload, enhance credit decision
speed, and significantly improve cash flow performance.

• Credit Control Manager for the following group companies (from 2006 - up to date):
• Al Seeb Technical Est (SARCO)
• Oman Concrete Products (OCP)
• General Engineering Services (GENSERV).
Due to my good performance and my intense capability, I was promoted and transferred from Sarco to Shared Service as Credit Control Manager for the following group companies.

Rule and responsibilities

o Reengineer the credit policy for all companies
o Follow up all staff clearances
o Monthly cash flow report
o Monthly expected collection report compared with the cash flow report
o Fully authorized for all credit limits for all credit deals
o Define all bad debt provision in the yearly report
o Responsible to follow up all bounce back cheques
o Responsible to open a legal case for all bad debt
o Resolve labor legal cases in the court and with the labors as well with your lawyer
o Created a systematic reconciliation process for collection department defined with invoice submission date and which will reflect in the statement which caused an automated reconciliation.
o Focal point for needed legal cases in case of financial clarifications in the court
o Created a systematic process from the store to the credit control department defined with invoice submission date
o Responsible for some of the financial settlements before it get raised to the legal department

Selected for transfer and promotion from Juma Al Majid Group - Dubai to Al Seeb
Technical Est. (SARCO) due to outstanding performance, accuracy in financial reporting,
and strong operational results.
Oversaw full financial operations for five branches across Sur, Nizwa, Sohar, Muscat,
and Salalah, ensuring consistent performance and policy compliance.
Directed budgeting, financial planning, forecasting, and auditing activities for all
branches, ensuring alignment with corporate financial objectives.
Maintained strong gross profit levels while improving accuracy, risk analysis, and overall
financial reporting.
Conducted regular branch visits to evaluate operational performance, support sales
forecasting, and strengthen collection activities.
Escalated delinquent accounts for legal action and provided detailed financial
documentation to support court cases.
Developed and enforced accounting, credit, and financial policies to achieve higher
compliance, accuracy, and workflow efficiency.
Analyzed competitor activities and market changes, recommending corrective actions to
maintain business stability.
Prepared monthly financial performance reports, customer portfolio analyses, and long
term financial projections.
Assessed credit files, assigned credit ratings, and approved credit limits based on
financial strength, repayment history, and risk assessment.

Selected for transfer and promotion from Juma Al Majid Group - Dubai to Al Seeb
Technical Est. (SARCO) due to outstanding performance, accuracy in financial reporting,
and strong operational results.
Oversaw full financial operations for five branches across Sur, Nizwa, Sohar, Muscat,
and Salalah, ensuring consistent performance and policy compliance.
Directed budgeting, financial planning, forecasting, and auditing activities for all
branches, ensuring alignment with corporate financial objectives.
Maintained strong gross profit levels while improving accuracy, risk analysis, and overall
financial reporting.
Conducted regular branch visits to evaluate operational performance, support sales
forecasting, and strengthen collection activities.
Escalated delinquent accounts for legal action and provided detailed financial
documentation to support court cases.
Developed and enforced accounting, credit, and financial policies to achieve higher
compliance, accuracy, and workflow efficiency.
Analyzed competitor activities and market changes, recommending corrective actions to
maintain business stability.
Prepared monthly financial performance reports, customer portfolio analyses, and long
term financial projections.
Assessed credit files, assigned credit ratings, and approved credit limits based on
financial strength, repayment history, and risk assessment.

Managed strategic planning, budgeting, forecasting, and financial analysis in alignment
with company goals.
Supervised and trained finance staff, promoting high performance and operational
efficiency.
Prepared audit files, supported auditors, and ensured timely completion of audit cycles.
Improved sales quota methodologies and aligned performance metrics with financial .
Conducted internal audit assignments and strengthened internal controls across
departments.
Oversaw management accounting, cost reporting, reconciliations, and financial controls.
Collaborated with senior leadership to support financial and operational decision-making.

Juma Al Majid group companies bornin the year of 1950.Juma Al Majid is the leading organization in the UAE holding the most franchises global lead brands such as Samsung, Citizen Watches, Konica Photo Copier &Bertello Filing Systems, with a list of lead dealership for Automobiles such as Hyundai, Kia, Asia, Yokohama tires, with branches all over UAE.











Achievements

o Reengineer the whole group credit policy for the group
o Computerize, automated and systemize the whole group reporting system for the group
o Computerize, automated and Systemize the cheques transactions for the group
o Computerize and Systemize the communication between the credit control Dep and the legal department
o Define Juma Al Madid group Credit Documentation for credit opening as:
 Dealer
 Government
 Companies
 Individuals
 Sister companies
o Create Monthly analyses report as per the customer type
Rule and responsibilities

o Review the credit policy implementation
o Make sure all receivable is done as per the policy in the system
o Full credit facility authority for new customer
o Define the credit limit of each customer
o Follow up with my staff cheques PDC collection pre posting as per the payment terms
o Full legal authoresses to take an action against bounce back cheques
o Review monthly and create monthly bad debtor provision report to the CEO
o Prepare and write down exclusively all Juama Al Majid international watches Swiss factories balance sheet and profit and loses
o Auding all J.V for all local and international receivables
o Full authority for all company financial settlements

o All operation management
o Review international transactions
o Review accounts payables and receivables
o Prepare Balance sheet
o Prepare profit and losses accounts and review it with the board
o Budgeting
o Review actual and forecasted budget and find the gabs and overcome all barriers

Managed transaction vouchers, AP/AR entries, cash flows, and bank reconciliations.
Assisted in payroll operations and verified international transaction accuracy.
Prepared balance sheets, profit and loss statements, and monthly financial summaries.
Supported budgeting processes, reviewed variances, and recommended corrective
actions.

Is a group of companies which contain a factory and wholesale all over Egypt with over 3000 employees.
Rule and Responsibilities:

o Set Yearly, semiannually, quarterly Sales targets
o Set yearly, semiannually, quarterly reports
o Review Monthly actual and forecasted sales
o Prepare daily financial Report
• Lords Trading IndustriesEgypt - Assistant accouter manager (1990 - 1992)
Handling Five Branches which include all accounts and store accounts with a team of 3 accountants reporting to me:
Rule and Responsibilities:

o Daily Account Transactions
o Create monthly statement
o Balance sheet
o Profit and losses accounts
o Branches Targets
o KPI Review
o Annual reports for the board

Is a group of companies which contain a factory and wholesale all over Egypt with over 3000 employees.
Rule and Responsibilities:

•Set Yearly, semiannually, quarterly Sales targets
•Set yearly, semiannually, quarterly reports
•Review Monthly actual and forecasted sales
•Prepare daily financial Report

Prepared daily financial reports and managed day-to-day accounting operations.
Generated monthly financial statements and KPI performance reports.
Set branch sales targets and monitored actual performance against goals.
Conducted variance analysis, forecast reviews, and annual performance presentations.

Handling Five Branches which include all accounts and store accounts with a team of 3 accountants reporting to me:
Rule and Responsibilities:

o Daily Account Transactions
o Create monthly statement
o Balance sheet
o Profit and losses accounts
o Branches Targets
o KPI Review
o Annual reports for the board

Rule and Responsibilities:

o Yearly Budgeting for clients
o Yearly Profit and loses accounts
o Review final Statement report
o Daily Book keeping review
o Audit Taxation
o Audit Balance sheet
o Audit profit and Loss account

Managed full accounting operations across five branches (Cairo, Alexandria, Tanta,
Mansoura, and Matrouh), ensuring accuracy, consistency, and compliance with financial
standards.
Oversaw daily sales transactions, reconciliations, expense tracking, and branch-level
financial entries with a high level of accuracy.
Prepared monthly, quarterly, and annual consolidated financial statements covering all
branches, delivering clear insights into company-wide performance.
Monitored receivables and payables for all branches, ensuring timely payments, accurate
ledger balances, and clean audit trails.
Conducted variance and profitability analysis to support management in strategic
decision-making and performance improvement.
Coordinated with branch managers to validate financial data, resolve inconsistencies,
and maintain unified financial documentation across the company.