Nitinkumar Umeshchandra Jagada جاجدا

Exhibiting Exceptional Leadership in Financial Management and Customer Engagement:
 Spearheading credit control and cash flow oversight
 Managing and mentoring a team of 4 professionals across the GCC region
 Cultivating robust customer relationships through proactive visits and meetings
 Strategically managing cash flow, collaborating with banks for efficient invoice and cheque discounting
 Ensuring seamless post-surgery document processing and diligently monitoring payment flows
 Resolving complexities related to discounts, credit notes, and receivables, ensuring optimal financial outcomes
 Maintaining up-to-date and accurate accounting records, consistently posting receipt entries in the system
 Coordinating effectively with banking partners to facilitate smooth invoice and cheque discounting processes
 Implementing and optimizing legal protocols to address defaulting customer issues
Preparing comprehensive daily and monthly cash flow and collection forecast reports for senior leadership
 Strengthened internal controls by ensuring end-to-end linkage between inventory movement, invoicing, and receivables
 Handled and coordinated activities on UAE government portals related to finance, compliance, and documentation
 Experienced in public dealing, customer negotiations, and providing finance support during commercial discussions and
contract-related matters.”
 Leading and facilitating cross-functional meetings with business units to address overdue reports, actively engaging BU Manager

 Exhibiting Exceptional Leadership in Financial Management and Customer Engagement:
• Spearheading credit control and cash flow oversight
• Managing and mentoring a team of 4 professionals across the GCC region
• Cultivating robust customer relationships through proactive visits and meetings
• Strategically managing cash flow, collaborating with banks for efficient invoice and cheque
discounting
• Ensuring seamless post-surgery document processing and diligently monitoring payment flows
• Resolving complexities related to discounts, credit notes, and receivables, ensuring optimal financial
outcomes
• Maintaining up-to-date and accurate accounting records, consistently posting receipt entries in the
system
• Coordinating effectively with banking partners to facilitate smooth invoice and cheque discounting
processes
• Implementing and optimizing legal protocols to address defaulting customer issues
• Preparing comprehensive daily and monthly cash flow and collection forecast reports for senior
leadership
• Leading and facilitating cross-functional meetings with business units to address overdue reports,
actively engaging BU managers
• Orchestrating coordination among Credit Control teams in Oman and Abu Dhabi, providing guidance
for streamlined collections
• Conducting rigorous risk analyses and developing innovative strategies to mitigate potential large
scale customer risks
Achievement:
 Accomplishing a significant reduction in debtor days from 125 to 100 days, with an exceptional outcome
of zero outstanding debt

Exhibiting Leadership in Financial Management and Operational Oversight:
 Provided comprehensive financial leadership to the finance team, delivering valuable insights to colleagues and senior
management
 Ensured precise and timely month-end closing through accurate provision entries and accrual recording
 Vigilantly monitored day-to-day financial operations, including payroll and invoicing activities
 Proactively engaged in customer payment follow-ups, assessed credit applications, and established credit limits
 Effectively supervised the seamless functionality of the accounts department
 Formulated and upheld financial policies and procedures to guide the companys operations
 Skilfully managed both Account Receivable and Account Payable functions, optimizing cash flow management
 Expertly handled administrative responsibilities involving HR, government entities, banks, and regulatory bodies
 Thoroughly managed and maintained crucial documentation such as invoices, LPOs, DOs, and import-export records
 Prepared, submitted, and ensured compliance with VAT returns, conducting meticulous audits
 Fostered seamless coordination with internal departments on financial and accounting matters
 Strategically oversaw production expenses and arranged timely funding for the production department
 Proactively forecasted cash payments and anticipated potential deficits arising from constrained cash flow
 Provided comprehensive oversight of all financial control aspects within the business
 Exercised control and review over the production team, including batch processing, production forecasting, and production
costing

 Exhibiting Leadership in Financial Management and Operational Oversight:
• Provided comprehensive financial leadership to the finance team, delivering valuable insights to
colleagues and senior management
• Ensured precise and timely month-end closing through accurate provision entries and accrual
recording
• Vigilantly monitored day-to-day financial operations, including payroll and invoicing activities
• Proactively engaged in customer payment follow-ups, assessed credit applications, and established
credit limits
• Effectively supervised the seamless functionality of the accounts department
• Formulated and upheld financial policies and procedures to guide the companys operations
• Skilfully managed both Account Receivable and Account Payable functions, optimizing cash flow
management
• Expertly handled administrative responsibilities involving HR, government entities, banks, and
regulatory bodies
• Thoroughly managed and maintained crucial documentation such as invoices, LPOs, DOs, and import
export records
• Prepared, submitted, and ensured compliance with VAT returns, conducting meticulous audits
• Fostered seamless coordination with internal departments on financial and accounting matters
• Strategically oversaw production expenses and arranged timely funding for the production
department
• Proactively forecasted cash payments and anticipated potential deficits arising from constrained cash
flow
• Provided comprehensive oversight of all financial control aspects within the business
• Exercised control and review over the production team, including batch processing, production
forecasting, and production costing

Collaborated with Sales, Marketing, Finance, and Warehouse teams to establish an effective credit control system
 Managed the process of sending regular reminders and dunning letters to customers whose credit limits exceeded the
stipulated credit days, ensuring timely payment collection
 Oversaw receivables for the companys customer base across the UAE and Export markets
 Set monthly collection targets, communicated forecasts to the sales team, and actively motivated them to achieve targets
while addressing significant overdue accounts
 Monitored aging of overdue receivables and formulated strategies for timely resolution and debt recovery
 Conducted due diligence checks and approved credit limits for potential customers
 Ensured sales order release was contingent upon payment confirmation, and managed the dispatch of invoices, accurately
reconciling customer accounts
 Regularly reviewed the Collection Report, providing actionable plans to the sales team for improved collection efforts
 Prepared and presented MIS and ad hoc reports to the management, facilitating informed decision-making
 Led meetings with business units and engaged BU managers to address overdue reports and formulate resolutions
 Posted and allocated daily receipts to accounting systems for precise credit processing against customer payments
 Monitored Rebate and Discount accruals, posting necessary entries to ensure accurate financial records
 Provided recommendations to management regarding potential legal actions against defaulting customers
 Compiled and presented management reports, including monthly liquidity forecasts and cash flow monitoring, weekly and
daily cash flow reports from receivables, periodic exceptional reports on receivable aging, a list of legal cases with statuses,
and details of disputed receivables along with action plans

• Collaborated with Sales, Marketing, Finance, and Warehouse teams to establish an effective credit
control system
• Managed the process of sending regular reminders and dunning letters to customers whose credit
limits exceeded the stipulated credit days, ensuring timely payment collection
• Oversaw receivables for the companys customer base across the UAE and Export markets
• Set monthly collection targets, communicated forecasts to the sales team, and actively motivated
them to achieve targets while addressing significant overdue accounts
• Monitored aging of overdue receivables and formulated strategies for timely resolution and debt
recovery
• Conducted due diligence checks and approved credit limits for potential customers
• Ensured sales order release was contingent upon payment confirmation, and managed the dispatch of
invoices, accurately reconciling customer accounts
• Regularly reviewed the Collection Report, providing actionable plans to the sales team for improved
collection efforts
• Prepared and presented MIS and ad hoc reports to the management, facilitating informed decision
making
• Led meetings with business units and engaged BU managers to address overdue reports and
formulate resolutions
• Posted and allocated daily receipts to accounting systems for precise credit processing against
customer payments
• Monitored Rebate and Discount accruals, posting necessary entries to ensure accurate financial
records
• Provided recommendations to management regarding potential legal actions against defaulting
customers
• Compiled and presented management reports, including monthly liquidity forecasts and cash flow
monitoring, weekly and daily cash flow reports from receivables, periodic exceptional reports on
receivable aging, a list of legal cases with statuses, and details of disputed receivables along with
action plans

Credit control, preparing Collection forecast and achieving targets.
Debtor control and payment issue resolution.
support to accounts in posting daily transaction entries

Day to Day accounting Transaction posting.
•Maintaining fix assets register.
•Preparation of Invoice/ statement of account/ Delivery orders.
•Posting of Purchase order, payment voucher, Journal vouchers, receipt voucher in system.
•Bank reconciliation / customer statement reconciliation.
•Handling accounts receivable and payable.
•Following up customers on payments.
•Handling petty cash.
•Preparing Trail balance, Profit & Loss accounts and Balance sheet.
•Preparing daily/Monthly and yearly financial report.
•Handling payroll.
•Finalizing of accounts.

Preparing of Monthly P & L for workshops.
•Posting daily Purchase and sale sheet with Inventory movement.
•Maintaining Gold & Diamond stock and physical verification with inventory system.
•Calculating Cost accounting for the Jewellery product.
•Salary calculation/ Deduction on monthly basis for workshop.
•Reconciliation for Bank, Party cash, Head office Acc & Inter Workshop Acc on monthly basis & passing rectification entries.
•handling accounts receivable and payable.
•Calculating working Loss on fabrication per month and posting rectifying entry in system.
•Performing Monthly Debtors Ageing Analysis.
•Checking of documents as per the routine activity.
•Posting daily account entry in system.
•Calculating and analyzing Art worker’s working loss on production.