Commercial Manager
Siemens EES K.S.C.C , Kuwait
Total des années d'expérience :7 years, 6 Mois
•Preparation and analyzing cash flow statements.
•Preparation of cost statements.
•Forecasting future guarantee/ bond requests.
•Ensured reduction on accounts receivable
•Ensured cash collection targets are met.
•Monitored and analyzing overdue debts.
•Followed up on delinquent accounts
•Identified and manage credit notes and write-off concerns
•Monthly payment applications to customers
•Budgeting and monthly forecasting of order results in terms of cost planning, turnover, profit, debtors, inventories, accruals and cash flow, ensuring forecasted figures are met.
•Reporting project status to senior management
•Liaising with Corporate Accounts to resolve system errors, allocation issues and issues with payments received.
•Coordinating with banks for new bonds and guarantees.
•Liaising with corporate accounts on cancelling bonds and guarantees with banks.
•Liaising with reporting department (SAP-Spiridon) to ensure all errors on project systems are resolved and that the project balances in all facets of the accounting system (COPA / OCC) are accurate.
•Checking supplier/subcontractor invoices against purchase orders for payment ensuring commitments booked correctly and payments done in a timely manner.
> Crucial link between Sales and Accounts.
> Preparation of Petty cash expenses and financial statements
> Assist in all aspects of Accounts & Documentation - imports, stores, Inventory and Sales.
> Follow up of Accounts payable, Accounts Receivables.
> Follow up for payments from Creditors.
> Render all help to achieve agreed Sales figures, maintaining healthy margins.
> Involve in Market Development of new products.
>Budget Preparation and monitoring of performance vs. budget.
> Monitoring stock / inventory by close analysis of various sales reports.
> Regular updates and reports to Consulting Director.
> Takes up any higher responsibility or other assignments that may be decided by the management.
> Analyzing recovery statements with offshore analyst team and ensures customers receives excess payments.
> Auditing files-checking whether correct amount recovered from Third Party Banks, Dealing the claim within the given SLA’s and dealing the claim under the Financial Services Authority UK, ensuring 100% quality.
> Preparing recovery statements and invoices to recover the money from Third party Insurers or Banks.
> Communicate & coordinate with offshore analyst team for correction of identified erroneous entries
> Ensures that assigned monthly, quarterly, and year-end reporting targets are met.
>Identifies, recommends and implements process improvements in procedures of team assignments & thereby initiates and facilitates the sharing of process knowledge and best practices within the team and across the engagement, and is capable of impacting and influencing others.
> Communicate with customers, employees, and other individuals to answer questions, disseminate or explain information, take orders and address complaints.
> Used spreadsheets to record information.
> Prepare journal entries
> General ledger operations
> Monthly closings and preparation of monthly financial statements
> Collect, count, and disburse money, do basic bookkeeping and complete banking transactions.
> Compile, copy, sort, and file records of office activities, business transactions, and other activities.
> Prepared reports and updated the same to the manager.
> Prepared power point presentations for manager.
1.Mini project done on Employee Satisfaction at Hindustan Teleprints Limited, Chennai, India. Done one month mini project in Employee Satisfaction at Hindustan Teleprints Limited, Chennai, India. A research on the company Employees satisfaction was done and the findings were employees are satisfied with the current working status of the company. 2.Major project done on Market analysis of credit card services at UAE Exchange & Financial Services ltd, Chennai, India. Done two months major project in Market Analysis of credit card services for UAE Exchange & Financial Services. A research was done for the organization and the findings were interest rates should be reduced. Payment days should be increased. At the two months training time, has worked with the products of the organization like Xpress money, money gram. Has done training to deal with foreign currencies. Conducted a program, “FINANCE ENCLAVE “for the School of Management and worked in the organizing committee and achieved a participation certificate for the program from the School of management.