Hussain A. Email & Phone Number

Dubai, United Arab Emirates

Dubai, United Arab Emirates

• To establish and monitor policies and procedures that will help the company meet its sales and risk management goals.• Manage a portfolio of customers with $350+M annual turnover. • Preparations for monthly AR, Management reporting and cash inflow forecasts.• Managing credit insurance for customers to secure credit sales recovery and turnover declaration on monthly basis.• Applying various risk management techniques to control risk and Implement a proactive risk management program.• To listen to input from sales and then look for ways to help the sales department to achieve their goals without damaging risk and control payment delinquency to acceptable levels.• Negotiation L/C, SBLC with local or international banks.(UCP600) • Meets accounts receivable operational standards by contributing information to strategic plans and reviews; resolving problems; identifying system improvements.• Make sure to maintain/achieve DSO & Overdue targets set by HQ• Account reconciliation and follow- up to ensure collections on due dates. • Managing daily, weekly and monthly collection target and reporting to Management.• Control the costs to operate the credit and collection functions.• Evaluation and creation of provision of bad debt accounts.• Leading negotiations with customers to decide credit terms & payment plan.

Dubai

• Preparations for monthly AR, Management reporting and cash inflow forecasts.• Managing credit insurance for customers to secure credit sales recovery and turnover declaration on monthly basis.• Open L/C, SBLC (Bank Guarantee) with local or international banks.• Meets accounts receivable operational standards by contributing information to strategic plans and reviews; resolving problems; identifying system improvements.• Make sure to maintain D.S.O as per company norms.• Collects accounts by contacting customers referred by clerks; investigating circumstances of non-payment; negotiating and resolving conflicts; expediting payment.• Supports financial planning by forecasting cash inflow.• Generating sales report and reviewing performance based on the sales forecast.• Maintains financial security by adhering to internal accounting controls. • Ensuring AR is updated correctly at all times and customers receive accurate SOA.• Periodical reconciliation of AR balances to match with customer’s records to identify issues if any and trigger resolution to enable timely settlement of dues.• Account reconciliation and follow- up to ensure collections on due dates. Processing Refund, Credit Memo request from the clients/other business units.• Leading Credit Controllers team & client visit for high value and unresolved cases.• Developing a dashboard for all credit control areas and providing early warning signals to the business management team for an effective debt management.• Control measures in Cash Invoices (Cash/Cheque on Delivery, Payment upon completion) to close the Invoices against RV in stipulated time frame.• Managing daily, weekly and monthly collection target and reporting to Management.• Evaluation and creation of provision of bad debt accounts.

• Supplier wise / Category wise analysis of purchases. • Sales Analysis Region / Branch wise in Daily/Monthly/Yearly along with Daily Average. • Supplier wise payable schedule for weekly and monthly payment.• Checking of DCB of goods received from supplier.• Pricing of Diamond Jewellery according to the norms set by the company.• Handling revaluation & devaluation price changing process of Tagged Jewellery.• Resolving discrepancies of Goods.• Providing consignment sales information to management as well as to the suppliers.• Preparation of consignment sales payment.• Reconciliation of consignment stock and resolving queries with the suppliers. • Preparation of payment to Diamonds suppliers. • Reconciliation of Diamonds/ Financial Statement with all the suppliers.• Preparation of Purchase Return / Repairs / Remaking Invoices.

• Preparation of financial statements included Profit/Loss, Balance sheet, Cash flow and Changes in equity.• Maintaining fixed assets register, Salesmen performance and their commission.• Preparing Monthly Payroll, Data entry of Receipts / Payments & journal Vouchers.• Allocation of expenses and revenue according to the ongoing jobs and various cost centers.• Reviewing customers credit limits and collection of debts from debtors aging report.• Reconciliation of bank in daily basis. • Taking care of MD’s personal loan installment and credit card payments.

Diploma, Micorsoft Office

Diploma In Computer Education Services, Computers Hardware

Bachelor Of Commerce (B.Com.), Accounting

Activities and Societies: RacingB.Com