Riyas CH
Senior accountant / Trade Finance Executive
Dubai
Summary of Career
Proactive Finance / Accounts Executive with 10 years of extensive experience in UAE in a wide range of financial and accounting functions including Accounts Receivable , Accounts Payable, Cash Flow management, Treasury, Banking and Trade Finance Activities - Letter of Credits, Letter of Guarantees and other project financing activities.
Experience as Accountant
01 October 2006
30 November 2009
• Post payment certificates for sub-contractors.
• Post supplier invoices and resolve discrepancies.
• Prepare cheques and wire transfers for both suppliers and sub-contractors.
• Handle petty cash and post petty cash vouchers.
• Prepare staff leave settlements and end of service benefits.
Experience as Senior Accountant / Trade Finance Executive
23 August 2011
31 March 2016
• Process Letter of Credits, Trust Receipts and Bank Guarantees.
• Review and verify LC, LG and other trade financing documents and co-ordinate with the banks for amendment, extension, alteration, renewal and closing on duly basis.
• Prepare facility utilization status, weekly LC forecast and bank guarantee position to report to management.
• Prepare weekly cash flow report.
• Verify, allocate, post and reconcile accounts receivable and payable.
• Post monthly payment certificates or invoices issued by client or consultant.
• Follow up payments with clients or consultants, post receipts and match with proper payment certificates.
• Monitor bank guarantees issued to clients – Bid Bond, Advance Payment Guarantee, Performance Bond and Retention Guarantee.
• Post payment certificates for sub-contractors and monitor sub-contractors bank guarantees.
• Post supplier invoices, prepare cheques and wire transfers.
• Handle petty cash and post petty cash vouchers. .
• Assist chief accountant with preparation of audit documents.
Experience as General Accountant / Finance Executive
Seidco General Contracting Company LLC
02 April 2016
29 June 2017
• Post payment certificates for sub-contractors and monitor sub-contractors bank guarantees.
• Post supplier invoices. Prepare aging report, process cheques and wire transfers.
• Handle petty cash and post petty cash vouchers.
• Post monthly payment certificates or invoices issued by client or consultant. Monitor bank guarantees issued to clients.
• Follow up payments with clients and consultants, post receipts and match with proper payment certificates.
• Process Letter of Credits,Trust Receipts andBank Guarantees.
• Review and verify LC, LG and other trade finance documents and co-ordinate with the banks for amendment, extension, alteration, renewal and closing on duly basis.
• Prepare facility utilization status, weekly LC forecast and bank guarantee position to report to management.
• Establish strong banking relation with relationship managers, credit department and trade finance team to ensure smooth movement of day today transactions.
• Prepare weekly cash flow report.
• Prepare staff leave settlements and end of service benefits.
• Assist chief accountant with preparation of audit documents.
Experience as Senior Accountant / Finance Executive
01 March 2018
30 June 2019
• Verify, allocate, post and reconcile accounts receivable and payable.
• Post monthly payment certificates or invoices issued by client or consultant – Monitor revenue, retention and advance recovery.Monitor bank guarantees issued to clients.
• Issue monthly Tax Invoices for receivables.
• Follow up payments, post receipts and match with proper payment certificates.
• Summarize receivable on weekly and monthly basis.
• Post payment certificates for sub-contractors in compliance with the terms and conditions of the contract. Monitor subcontractors bank guarantees.
• ProcessBank Guarantees– Bid Bond, Advance Payment Guarantee, Performance Bond and Retention Guarantee.
• Process Letter of Credits, Trust Receipts and other trade finance documents.
• Post supplier invoices. Verify cheques and wire transfers.
• Assist chief accountant with preparation of audit documents.
Bachelor 31 May 2003
Specialized in Accounting