Credit Controller
KARCHER FZE
مجموع سنوات الخبرة :26 years, 2 أشهر
Effective Credit Controller with proven 17-years experienced in field of credit & collection. Contributed on Sales Increase, decreased bad debts to minimum level and improved company’s cash flow.
Main Responsibilities:
Responsible for chasing outstanding invoices and ensuring the credit given to clients are monitored and controlled effectively.
• Ensure the credit & collection policies and procedures are implemented at all times and recommend necessary changes/improvements as the case may require;
• Responsible to conduct credit check for new client’s application and submit to Finance Manager for final approval;
• Generate and send client’s statement of account, ensure receipt of invoices for payment to be made on time;
• Schedule and often follow-ups of overdue payments in a week thru phone calls and e-mails;
• Responsible to keep a record of all communication with the customer, as basis for payment follow-ups and when the account becomes legal;
• Investigate and resolve problems for clients invoices, delivery, deductions/discounts, pricing issues and liaise internally to progress any problems that are being handled in any other department;
• Maintains close links with all clients, to ensure smooth running of accounts and prompt payments;
• Forecasting and strict working of monthly collections targets for stability of cash flow;
• Review the aging of accounts and initiates immediate action on outstanding issues to Sales Manager & Finance Manager;
• Scheduling daily collections via appointed courier;
• Prepares cash/cheque deposits and same post to SAP system;
• Do monthly bank reconciliation and report same to Finance Manager;
• Manage cash collection and company petty cash.
• Perform other related functions as may be assigned from time to time.
The Company:
JAS Middle East FZE- is an international freight forwarder and logistics provider that deliver a high level of service and performance to customers.
Main Responsibilities:
• Strictly observes company credit policy;
• Conduct credit investigation for the new client applying credit facility;
• Responsible for prompt collection of credit accounts;
• Processing and generating customer’s monthly statement of account;
• Often follow-ups of overdue payments in a week thru phone calls and e-mails;
• Forecasting and strict implementation of monthly collections targets;
• Liaising with the sales and accounts receivable departments assisting on solving outstanding queries;
• Investigating and resolving queries relating to nonpayment of invoices;
• Prepare collection status report for the Finance Manager, Managing Director and Vice President;
• Weekly and monthly update of aging of Accounts Receivables and report the status to Finance Manager.
The Company:
Zuhair Murad- clothing and accessories, boutiques business activities.
Main Responsibilities:
• Handles 3 Garment and Accessories Shops;
• Prepares and releases Account Payables thru cheque payments and/or bank transfer;
• Finalize telegraphic transfers, LC related transactions and arrange payment for same with bank;
• Verify all deposits, disbursements and other bank transactions made and record to company book of accounts;
• Visit the shop once a week to check the sales, inventory and petty cash fund;
• Records all necessary data adjustments in the ERP system such as sales, receipts and disbursements;
• Review and consolidates sales summary of 3 shops against operation expenses and report to Sr. Group Accountant;
• Do the Bank Reconciliation of all Company Bank Accounts upon receipt and posts respective adjustments to same;
• Prepares cash flow and finalization of accounts.
Asst. Finance & Admin Manager / September 2006 - September 19, 2008
Main Responsibilities:
• Review, formulate and formalize effective company accounting and financial policies for strict implementation;
• Ensure that all formulated policies are implemented at all times through proper monitoring systems, and recommend necessary changes/improvements as the case may require;
• Formulate and design Management Information systems to ensure timely and accurate reporting of all relevant accounting/financial date reports;
• Ensure that proper Internal controls are implemented in all accounting/Finance transactions at all times;
• Set-up and implement standard accounting bookkeeping systems in the company using accounting software;
• Perform and implement Audit functions on a regular basis for the covered Department or other related departments;
• Review and validate all submitted accounting and financial reports prior to submission to the Finance Manager.
Credit & Collection Supervisor (by Promotion) / October 2002 - August 2006
Main Responsibilities:
• Formulate, recommend and document Credit & Collection policies, system & procedures for the approval of the Finance Manager;
• Conduct a thorough review/reorientation of all Credit & Collection policies, system & procedures to all users/departments. at least once a year;
• Conduct departmental meeting to all Credit & Collection personnel at least once a month (Head Office and Regional Branches);
• Conducts unannounced visits to Regional Branches every other month and performs surprise audit;
• Initiates IMMEDIATE action on areas/units/personnel that are not performing in accordance with set expectations, targets and objectives;
• Analyze Monthly Account Receivable and Collection;
• Compute Monthly Salesmen Commission and Yearly Overriding Commission of Sales Manager and Supervisor.
Credit & Collection Clerk / June 1997- September 2002
Main Responsibilities:
Responsible for ensuring prompt collection of cash & credit accounts of Salesmen thru implementation of Credit & Collection policies (Promoted as Credit & Collection Supervisor).