Senior Corporate credit analyst
zahid group
مجموع سنوات الخبرة :3 years, 8 أشهر
• Meeting with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
•Collecting the needed financial documentation and assessing the clients' creditworthiness.
•Calculating and analyzing the risk ratios of clients based on their credit score and financial history.
•Approving or denying loan requests, and communicating your decision to both clients and management.
•Setting up payment plans for clients explaining monthly installment amounts, interest rates, and other costs.
•Maintaining records of loan applications by using loan management software.
•Managing loan renewals by organizing follow-up meetings with clients.
Monitoring the progress of the loan application process and relaying any hindrances to clients.
•Ensuring that loan applications are in line with the company's financial policies, as well as state laws and regulations.
Key Responsibilities:
• Contributing significantly towards the administration of credit control, collections and receivables management strategy aimed at minimizing loss to revenue and improving recovery.
• Developing processes and procedures for evaluating customer financials as a basis for setting or changing credit limits while ensuring long-term relationships are established and maintained with clients.
• Engaging in communications with clients, responding to client queries, and resolving any issues pertaining to invoices/ overdue payments in the most professional manner.
• Formulating collections strategies, making tactical negotiations with over-due customers, and designing and negotiating payment programs to curtail the extent of loss (in case of default) with a strong focus on maintaining customer integrity.
• Maintaining up-to-date accounts of debtors, processing/ reconciling invoices, verifying and posting receipts into accounting systems, while addressing any financial/ accounting discrepancies by presenting the best possible solution.
• Producing reports and updating seniors on the collection status. Working in close coordination with other departments to maximize the process effectiveness and secure the attainment of the organization’s revenue-specific objectives.
• Providing strong support to management in ensuring the financial domain of the organization is organized, well structured, defined, and complies with all regulatory requirements and generally expected internal controls.
Key Responsibilities:
• Summarized fiscal information from business activities into financial statements, and reports as well as prepared detailed schedules and narratives as per all accounting standards and principles.
• Managed finalization of year-end financial statements; scrutinized figures, general ledger posting, and other relevant documents for accuracy and conformance to applicable accounting standards and principles.
• Computed a range of ad-hoc/ analytical reports that include key financial data, metrics, ratios, variance analysis, feasibility studies, and cost estimates to influence strategic decision-making and drive process improvements.
• Developed and implemented financial models/processes to fine-tune the financial summary, and aligned all the systems/ procedures/ practices having an impact on the financial soundness of the organization.
• Involved in financial planning, budgeting, and forecasting; applied various financial models/ techniques for budget monitoring while developing strategies to maximize the success of financial management initiatives
Key Responsibilities:
• Responsible for all aspects of Accounts Payable which includes analyzing transactions and invoices, verifying financial data, and maintaining up-to-date records while ensuring accurate and timely payment of organizational obligations.
• Analyzed payment requests by evaluating purchase invoices - interpreted payable amount, applicable credit period, or discount if any as well as mediated with various departments to ensure fulfillment of all purchase terms/ objectives.
• Closely evaluated aging debtors and expedited collection efforts to receive payments on time and led efforts to maximize revenue realization thereby maintaining a positive cash position.
• Representing key finance liaison to all internal and external stakeholders; addressed financial discrepancies by presenting the best possible solution and expertise that aligns with the organization’s finance strategy.
Bachelor’s in Finance - Alasala University – Khobar, Saudi Arabia (Dec 2020) GPA: 3.00/4.00