Regional Credit Audit
Agrimatco
مجموع سنوات الخبرة :18 years, 9 أشهر
• Institute a credit audit (business risk review ) procedure at miqdadi group so that regular audits are conducted to evaluate and determine the quality of the customer portfolio and the standard of credit process and limits for the different business units for the group subsidiaries in middel east and north africa .
• Take responsibility for the implementation of credit audit at Miqdadi group in the Middle East and North Africa (23 Countries )
• Assist in the development of risk rating system to be used by the different companies at different countries
• Prepare clear and concise reports to the management of each business unit in the relevant areas which provide an independent review of their activities, together with recommendations to improve their internal credit control system
• Investigate credit worthiness of potential customers prior to entering into business arrangements and / or existing customers prior to entering into extended business arrangements
• Ensure that the credit limit of each country and customers account is well controlled and monitored
• Ensure that the process of granting and approving credit is controlled according to the company policy guidelines
• Identify the acceptable level of risk and credit rating on debtor account
• Verify all new account information on the application form - verify telephone numbers, business address, that the application form is signed
• Undertake reconciliations and ensure proper documentation for customers accounts, group accounts per customer for better risk assessment analysis and according to the implemented accounting system
• Ensure that all new and existing customers pay within their agreed payment terms and negotiate with the debtors to achieve the quickest and best level of recovery
• Reviewing aged debtor balances and updating management of customers accounts that have exceeded their credit limit or credit terms
• Monitor customers accounts and assist in the collection of overdue accounts .
• Ensure both the timely collection of outstanding amounts and the maintenance of outstanding debts at acceptable levels through contact with customers by telephone or potential personal visitation
• ensure that all accounts are well controlled by having copies of sales agreements, accurate and up to date customers details and accounts records
• Recommend actions to be taken with delinquent accounts and bad debts and passing on outstanding debts for debt collections and / or further legal action
• Verify the existence of written sales procedures in each country that company with the group policy guidelines
• Recommend approval for credit within the group policy guidelines
• Monitor the amount of the sales discount given to each customer and verify its compliance with the company discount policy guidelines
• Ensure that systems documentation and procedures comply with legal / legislative requirements so as to avoid adverse litigation and loss of income
• Prepare reports on credit ratings on customers
• Preparing aging reports by weekly & Monthly bases.
• Negotiating Terms with Customers & Where Appropriate Submitting Proposals to the Credit Department for Approval.
• Following up all transaction and reconciliations with Customers.
• Participation to develop action plans, development and follow-up between the Department of Finance and Sales.
• Zoning sales in coordination with the sales department and updated on the system.
• Follow-up lists of selling prices and the details of it and check and update the system.
• Facilities granted to customers ( credit limit, discount …... etc).
• Follow up on all accounting documents for customers ( Voucher information for the customer + special agreements with customers + files, customers, etc. ....).
• Management of special accounts to sales of different samples and issuing notices debtor and creditor.
• Calculate monthly discount given to customers and follow-up accounting documents.
Note
• Number of clients of the National Company for Poultry approximately 2000 customer is dealing with them every day.
• The number of sales staff close to 80 sales man .
• Registration of all accounting entries for sales and accounting treatment of errors occurring issuing sales invoices.
• Management of client accounts export sales and major customers and follow-up documentation for them (issuing sales invoices and price lists and customs documentation and reconciliation of accounts).
• Issue a report differences in weights for salesman every day and send it to the General Administration.
• Issue a report to the sequence of numbers sales invoices + sales returns + receipt voucher.
• Submission of proposals accounting for the sales department and warehouse.
• Preparing voucher of prepaid and accruals accounts.
• Following up all transaction and reconciliations with banks.
• Following up the transactions and payment to vendors and suppliers.
• Payment of petty cash for various operational, general and administrative purposes.
• Preparing voucher of expenses and revenues.
• Understanding and implementing company financial policy, procedures and rules.
• Preparing all reports about monthly expenses.
• preparing and auditing all transactions about sales tax .
• preparing balance sheet and income statement .
• controlling all transactions about stores of stock.
• Developing new reports based on the needs of management.
• fixed assets.