ACCOUNTS & CREDIT OFFICER
EMPA MIDDLE EAST FZCO
Total years of experience :17 years, 6 Months
Duties and Responsibilities
• Working of fully computerised environment with ORION -ERP.
• Reporting Company funds positions on daily basis.
• Prepare and reconcile bank statement and posting all FX and currency transactions
• Booking monthly Expenses, Provisions and depreciations.
• Preparation of Factoring/LC/TR documents and Follow-up with Banks and Customer.
• Maintain Customer masters and Credit Limit
• Credit Insurance Reporting and updates
• Responsible for updating Customers Credit Limits based on Insurance and Market updates.
• Obtains sufficient information to assess the credit-worthiness of newly proposed and existing customers and ensures that all customers meet the organization’s requirements
• Maintaining the receivables within the targeted DSO and ageing.
• Establish, maintain good relations with Customers, Distributors and Vendors.
• Preparation of MIS on the country wise Accounts Receivables, monitoring of aged balances and reviewing them on a periodical basis and reviewing the trend and movement of the same.
• Ensure transactions are properly recorded and entered in to the computerized accounting system
• Reconcile accounts receivable and responsible for Customer related Issues.
• Checking the rebate agreement with correct charges done by the customers and after issuing the credit notes.
• Responsible for collection and reporting of all Rebates & other supports from Vendors.
• Responsible for all treasury works related with Collections and deposits of Cash &Chqs (Sales Related)
Duties and Responsibilities
• Supervision of day to day Accounting transactions
• Accounts Payable s & Payrolls Controller.
• Inter-company reconciliation.
• Booking monthly Expenses, Provisions and depreciation's.
• Preparation of monthly profit and loss account and balance sheet.
• Custodian of All official documents (Tenancy, Bank Facilities/Visa Related documents/Security Deposits/Contracts etc.)
• Preparation of Bank Reconciliation Statements.
• Follow up of International & Domestic Debtors for payment based on A/R Report.
• International creditors payment processing and Documentation
• Maintaining proper records of all the employees of the company i.e., Advances, Loans, etc.
• Bank Related Works -Factoring, Letter of Credit & Trust Receipts, Cheque Discounting, banks facility related works.
• Collection of Back-End Rebates and Other Incomes from International & Domestic Suppliers & Vendors
• Maintaining good relation with HR Dept for Employees status such as provisionary period, Vacation, Resignation, and Notice Period & Termination of the Employees.
• Reporting to Management.
• Responsible for All Indirect Payments of Head Office, Central Warehouse & 19 Retails outlets (VISA/Rent/Advertisement/Promotions/AMC’s/Vehicles Related Exp./Telephone & Electricity/Legal Charges Etc.)