Chief Accountant
DBMT
مجموع سنوات الخبرة :25 years, 4 أشهر
Credit Control & Credit Insurance
Receivables Management
Accounting Systems and Procedures & GAAP
Export/Import LCs, Banking
Liaise with Banks, Insurance Cos., Logistics, Suppliers & Customers.
Audit & Bank Facilities
March'2014 - Till Date: Bluecrest Global General Trading LLC, Dubai, U.A.E. as Accounts Manager
Team Size: 7
Key Result Areas
• Accounts, Banking & Finance, Cash flow & MIS.
• Bank Facility arrangements & working capital management.
• LC Discounting, Acceptance Financing, LBD/Invoice Discounting & Factoring.
• Developing external relationships with auditors, bankers and statutory organizations.
• Budgeting and Variance Analysis.
• Daily fund analysis and verification of online payments.
• Receivables and Payables management.
• Liaising with banks for treasury and trade finance.
• Conducting Inter company, overseas, G/L and bank reconciliation.
• Negotiation and Evaluation of bank charges, interest rates - LC Discounting, Commission, Handling Charges, TR, STL, MTL.
• Rendering support to entire Accounts/finance team member(s) to meet performance objectives through daily supervision, workforce planning and guidance.
Liaising with
o Suppliers/Load Port Agents, Warehousing Agents, etc.
o Banks for import LC, negotiation of export L/C and inward & outward collection documents.
o Bank, Insurance Company, Shipping Company, Chamber of Commerce, D & B, Customs and other Local Authorities.
• Daily/weekly/monthly cash flow statement/forecast & MIS
•Daily fund analysis and verification of online payments
•Responsible for allocation of funds for supplier payments and settlement of bank borrowings
•Liaising with bank on daily basis w.r.t treasury and trade finance
•Ensuring verification of:
Import/export Letter of Credit as per the UCP 600 Guidelines. Various types of import documents -LC/DP/DA based, etc. on daily basis
•Resolving all credit card related issues of retail outlets all over UAE- Deal with banks
•Conducting Inter company, overseas, G/L and bank reconciliation
•Looking after receivables & payables of Whole sale divisions
•Evaluating journal entries, bank charges, interest charges -TR, STL, MTL and ensuring timely transfer of supporting documents to divisions
•Rendering support to treasury team member(s) to meet performance objectives through daily supervision, workforce planning and training
•Coordinating with divisions and logistics departments and arranging export & import as scheduled
As Accounts and Commercial Officer
•Paid visit to suppliers/customers in UAE, Oman and liaise with suppliers/customers in KSA, Jordan, CIS, India, China, Switzerland, Pakistan, Turkey, Netherlands for business development/order execution/ delivery/ terms & conditions of Contract/LC as per UCP600/ URC522 Incoterms
•Effectively handled Consolidation, import, export, re export/transshipment for steel manufacturers and oil and gas projects, land transport arrangements to GCC countries, cross trade shipments, customs/free-zone formalities, etc.
•Liaised with banks for daily treasury/trade related activities and banking facility arrangements w.r.t. LC, TR, bank guarantee, WPS salary processing & online TT Payments
•Handled accounts up to finalization
•Carried out ageing analysis and prepared cash flow statement
•Liaised with:
- Suppliers/Load Port Agents, Warehousing Agents, etc.
- Banks for import LC, negotiation of export L/C and inward &
outward collection documents
- Bank, Insurance Company, Shipping Company, Chamber of
Commerce, Customs and other Local Authorities
As Accounts and Logistics In-Charge
•Handled accounts up to finalization
•Carried out ageing analysis and prepared cash flow statement
•Documented import & export LC, bank guarantee bid bond, performance bond, tender and shipping guarantee
•Negotiated freight rates with Shipping Companies/Freight Forwarders
•Liaised with:
- Suppliers/Load Port Agents, Warehousing Agents, etc.
- Banks for import LC, negotiation of export L/C and inward &
outward collection documents
- Bank, Insurance Company, Shipping Company, Chamber of
Commerce, Customs and other Local Authorities
Master of Business Administration - Finance
Diploma in Management
Diploma in Management
Bachelor of Commerce: Business Management, Financial Accounting, Cost Accounting, Management Accounting, Auditing, Marketing Management.
