Hammad Ali Email & Phone Number

Burlington, On, Ca

Ontario, Canada

Manage team of team leaders and cash collection specialists, providing guidance and mentorship to ensure effective credit management operations by empowering team.Develop and implement credit policies, procedures, and strategies to minimize credit risk while facilitating revenue growth.Lead for ERP system global implementation, managing the project for invoicing and revenue recognition.Analyze and evaluate creditworthiness of new and existing customers, establishing credit limits and terms to mitigate potential financial losses.Negotiate and maintain relationships with credit reporting agencies, credit insurance providers, and other external stakeholders to support credit management initiatives.Streamlined the collections process, resulting in significant increase in on-time payments and reduction in outstanding accounts receivable.Collaborate with cross-functional teams to identify process inefficiencies, implement process improvements, and enhance overall operational efficiency including Sales/ Commercial, Supply, Legal.Managed credit portfolio, assessing and recommending actions for high-risk accounts to minimize delinquency and write-offs.Prepared and presented credit-related reports and performance metrics to senior management, enabling data-driven decision-making.Financial reporting and presenting weekly updates to stakeholders including CEO, and CFO.

Ontario, Canada

Managing the regional teams for invoicing and cash collections for Americas, Europe, Middle East Africa & Asia Pacific.Weekly Management Reporting with ageing analysis for global customers with CFO, Finance Director and Sales VP of respective regions.Customer segmentation and managing the key customers directly.Monthly business review presentations for CFO and Finance Director.Monthly reporting of top 10 problematic customers to the board of directors.Overseeing revenue recognition in a compliant and timely manner.Reviewing customer credit terms, payment terms and credit limits.Receivables tracking and action plan monitoring to ensure timely debt collection.Forecasting receivables for cash flow purposes to align with Treasury weekly.Assigning collections target to each regional team member.Managing global bank relations for Letter of Credit, Performance/Warranty bonds and Internal Banking updates.Global bad debt analysis and provision monitoring.Managing customer Tax related issues

Dubai Emirate, United Arab Emirates

Managing a dynamic credit team and ensuring motivation and development of direct reports.Proactive reduction in bad debt and managing receivables.Manage relations with collection agencies, credit agencies, credit insurance providers.Maintain the corporate credit policy and recommend changes in the credit policy to senior management.Investigate the customer credit applications and determine a suitable credit eligibility, limit & terms.Review RFP payment terms, identify and negotiate with the sales and legal team.Liaising with bank to issue Guarantees such as Bid Bonds and Performance Bonds.Maintaining close liaison with the marketing /sales department so that credit issues are resolved smoothly.Determining course of action to be taken for non-paying customers including credit holds and informing the legal team to initiate legal action. Monthly AR, Aging and Bad Debt reporting.Managing customer Letter of Credit by agreeing terms and ensuring colleagues adhere to the LC deliverables.

Dubai, United Arab Emirates

Ensuring the timely collection of outstanding amounts in accordance with policies and procedures.Identifying accounts that require special attention and resolve difficulties. Developing and maintaining accurate and up-to-date customer details and account records.Data gathering for determining creditworthiness of customers in line with requirements.Preparations for monthly AR, Management reporting and cash inflow forecasts.Reconciliation of AR & GL and Actual vs Forecast analysis. Managing credit insurance and turnover declaration.LC coordination with all parties.

Dubai, United Arab Emirates

Responsible for invoicing and cash collections for Emerging Markets, Levant, Middle East, CIS.Uploading and maintaining system entries for customer billing and accounts receivable.Customer Account reconciliations and invoicing.Maintaining and monitoring daily cheque and cash deposits

Lahore, Pakistan

Customer relations and queries, processing loan applications and due diligence.Review of financial statements of companies to determine their financial positions.