Accounts Receivable Manager
Z&CO / Full-service law firm in alliance with Linklaters
Total years of experience :15 years, 5 Months
Key Responsibilities: Accounts Receivable Manager
• Maintain up-to-date billing system.
• Generate and send out invoices.
• Follow up, collect and allocate payments.
• Carry out billing, collection and reporting activities with respect to deadlines.
• Perform account reconciliations.
• Monitor customer account details for non-payments, delayed payments and other irregularities.
• Research and resolve payment discrepancies.
• Review ACC/AR aging to ensure compliance.
• Maintain ACC/AR customer files and records.
• Process credit card payments.
• Prepare bank deposits.
• Investigate and resolve customer queries.
• Develop a recovery system and initiate collection efforts.
• Assist with end of month closing.
Operations
• processing and reconciling invoices.
• Monitor all vendor accounts and ensure Invoices process is accurate with the client requirement process
• Built a billing process with the team to ensure the dates that we are on to billed and monthly closing.
• Review the final invoices to sign from the partners
• upload clients invoices in Vendor Gate portal for PIF-NEOM-UBER-Lockheed Martin
Key Responsibilities:
Accounts Receivable Manager
• Assist in the setting up of the credit control & Collection system in the region.
• Ensure that debts are paid in a timely manner.
• Organize, support, and develop cash & collection process.
• Responsible for all accounts receivable operation.
• Manage and administer customer accounts including account reconciliations by submitting monthly balance confirmation as per Company requirement.
• stablish and maintain effective Internal and External working relationships, including Operations, Finance and Customer Relationships.
• Chase overdue invoices by telephone, email, letter & visits within agreed timescales.
• Lead resolution of Customer disputes with assistance of regional team.
• Responsible for bank reconciliation.
• Preparation of the monthly close (journal entry preparation, account reconciliation, and transaction/account analysis) is vital
Key Responsibilities:
Accounts Payable
• Manage the accounts payable functions of the company that include issuing payments and monitoring expenses by verifying, processing and reconciling invoices.
• Monitor all vendor accounts and ensure payment processes are up to date. Plan and prepare checks accurately to avoid payment discrepancies.
• Maintain strong relations with vendors and resolve queries pertaining to purchase orders, invoices, contracts and any other payment related documentation.
• Ensure that all vendor names and data are stored correctly in the system and updated; safeguard the data by keeping all information confidential and in accordance with the company policies and procedures.
Operations
• Handle all of the company's transactions at the banks through depositing of cheques, withdrawal, and send external transfers and bank cheques through the account in the company’s department, and special banking services accounts.
• Develop and maintain healthy relationships with the bank employees.
• Coordinate for the loan agreement between the bank and the company, so the company can be approved by the bank to give loans to the employees. The agreement is thereafter finalized and then forwarded to the Finance Manager to complete the procedures and for signature.
• Responsible for issuing bank guarantees for the company from the bank.
Accounting
• Coordinate operations of the accounting department, execute accounting processes and ensure accounting standards are followed.
• Monitor daily transactions and ensure their proper treatment in accounting books, maintain accurate record of transactions.
• Maintain petty cash accurately and control banking transactions. Coordinate for preparation of Profit & Loss, balance sheet and Payroll. Handle debtors and creditors and provide valuable support to auditors to finalize the accounts.
Finance Management
• Sign on behalf of the Finance Manager for all the significant documents from the bills, credits, signing the custody of petty cash deposit to the Accountant of the Treasury. Put signature next to the signature of Sales Manager on the sales invoices.
• Coordinate for the company's account online to follow up on the transfers from customers.
• Provide detailed reports to the General Manager.
AR and AP Management
• Oversaw the accounts receivable and payable functions, maintain appropriate balance to ensure that all payables are adequately covered by receivables in any given accounting period.
• Obtain invoices from vendors and suppliers, formally communicate with external entities to resolve invoicing discrepancies (if any) and release payments as per the credit policy of the company.
Administration
• Liaise with suppliers by handling their issues and replying their queries. Coordinate for the expenses and make payments as per agreements.
• Analyze bank account statement and prepare reports. Prepare letters of guarantee & register on the accounting system after finishing from the bank. Coordinate for payment of salaries.
• Issue cheques and collaborate directly with all the company's banks to conduct all banking transactions.
Key Responsibilities:
• Reconciled financial discrepancies by collecting and analyzing account information.
• Functioned as Petty Cash custodian, documented and posted cash and bank transactions.
• Deposited petty cash through which all expenses of the site are monitored and salaries of the labors are paid.
• Supervised the attendance card for the workers and calculated the number of hours of work according to their salaries and monitored the expenses of the site, from transport cars and cafeteria.
• Monitored the attendance and departure of workers, and submitted reports to the Accounts Manager.
Key Responsibilities:
• Develop accounting reports to be submitted to the management to enable decision making, ascertain that all statutory reporting is carried out in time.
• Pass reconciliation, rectification and adjustment entries and prepare the trial balance to facilitate annual closing of books of accounts.
• Reviewed bank reconciliation statements and ensured that all cash deposits are properly reflected in these statements, resolved any discrepancies that might be detected.
• Assured full compliance with standard accounting practices and procedures, assisted auditors by providing documents and reports during audits.
PREVIOUS ASSIGNMENTS:
• Trainee Accountant, KPMG, Cairo, Egypt
• Bachelor of Business Administration - Accounting English, Modern Academy, Cairo, Egypt, May 2008
