Muhammad Umair Nizami, Senior Accountant

Muhammad Umair Nizami

Senior Accountant

Precast Manufacturing Company

Location
Saudi Arabia - Jeddah
Education
Master's degree, Finance
Experience
16 years, 1 Months

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Work Experience

Total years of experience :16 years, 1 Months

Senior Accountant at Precast Manufacturing Company
  • Saudi Arabia - Jeddah
  • My current job since April 2008

Responsible for maintaining the accounts receivable aging for certain customers, receiving incoming customer payments, entering cash receipts and completing bank deposits.
Maintaining thorough, well organized accounts receivable customer files.
Communicating with customers (verbally, via email, letter or fax) to reconcile customer accounts. In The Communication involves Certified & Un-certified Work also requesting past due payments and clarifying charge-backs, deductions.
Contact Customers / our Sales Marketing Manager regarding overdue accounts and determine reasons for non Payment.
Assisting with month-end and year closings and prepare various excel reports.
Managing the Pre-Letter of Credit &Pre-Letter of Guarantee Process.
Writing Letters to Higher Management to get approval & Instructions.
Letter of Credit & Guarantee Documents Preparations.
Verifies All Documentation for accuracy and completeness.
Managing Documentary Discrepancies.
Managing Import and Export L/C amendments.
Ensuring Receipt of LC Funds at Maturity
Coordinating with Bank for L/C documentation, amendments and due payments
Maintaining Banking Facilities Record L/C, L/G & Over Draft.
Following Up on the LC and Payment Status with advising /Negotiating Bank.
Maintaining Banking Relationships.
Preparing Cash flow and Monitoring Transactions.
Vital role in the reconciliation of Accounts Payable, Accounts Receivable, Cash, and Banks.

Education

Master's degree, Finance
  • at The Islamia University Bahawalpur
  • December 2007

Specialties & Skills

Good Knowledge in INCOTERMS 2010
Excellent Communication Skills
Computer Skills and Knowledge of Office Software packges
Knowledge of UCP 600, ISBP2007, URR725
 Good Knowledge of Trade Finance Procedures and practices with management principles.

Languages

English
Expert
Arabic
Intermediate