سودهير Shetty

Over all responsible for Revenue & Receivable Department and handling more than 19 staff and collecting AED 185 Million per month and directly reporting to Fiance Director. Reduce Debtors days 120 to 90 days after joining within a year of time.
• To utilize my financial and accounting professional skills in a reputed firm that offers excellent opportunity in terms of career growth and rewards.
• Accounts background with more than 19 years of experience in General accounting of which 14 years exclusively in Receivables Management.
• Hands-on expertise in receivables systems development.
• Proven record of developing and implementing financial and operational controls within the receivables-section that improved the collections and competitively positioned the firm in a credit-dominating market.
Achievements
1- Increased the receivables/collections of the Company.
2- Reduced the receivables days from 105 days to 90 days.
3- Restructured customer’s data for better performance.
4- Collection target achieving more than AED 185 Million per month.

the Group Credit Control Manager, I am leading a team of Eighteen personnel’s consisting of Four Credit Officers, Eight debt collectors and Six delivery boys. A constant interaction with the team and motivation is a part of my daily schedule. The credit officers compile the various reports outlined below and the same is submitted to me, for review and for necessary actions. A close monitoring and my constant supervision coupled with the quality of a team player has paid rich dividends in keeping the receivables at the optimum level and to identify non paying accounts. A detail of the supervisory duties forming part of my responsibility is outlined below. After I joined this company I minimized the Receivable days from 95 days to 65 days.

Setting collection targets.
Monitoring daily collection reports.
Actively manage outstanding balance and minimize bad debts.
Cooperate closely with sales staff and customer support and inform them about clients.
Monitor and judge credit worthiness of clients and prospects with the aim of eliminating risks of non payments potential bad debts and reduction of working capital.
Preparation of Monthly/Quarterly/Half yearly reports on customer credit performance.
Managing and directing collection agents and preparation of problem debtor’s reports and implement company’s debt management policies and procedures for debt recovery.
To process invoices, credit notes, debit notes and remittances in volumes.
Dealing with major accounts of each company and with difficult customer queries refered from credit controllers.
Preparation of bank & cash movement details on a daily basis.
Review of monthly Account Receivable / follow up with debtors towards realization of debts.

Preparation of Management Information Reports for senior management.
Supervision of credit control team members.
Analyzing the credit worthiness of the customer before allowing the credit limit & classifying customer’s based on ratings.

 Financial and Strategic Planning of Receivables
 Receivables Budgeting
 Customers Accounts Reconciliation
 Solving the Customer Disputes
 Legal proceeding of Non-Collectables
 Motivating the Collection Team Members
 Liquidity Management: Receivables turnover ratio & age analysis
 Assessing the Credit worthiness of customers
 Identifying the bad accounts.

Collection Execuitve

Accounts Assitant