Experience as ACCOUNTANT RECEIVABLES ACCOUNTANT

• Employer

  SKY TOWER GENERAL TRADING L.L.C

• From

  22 December 2015

• To

  13 July 2022

• Detail

  As a Receivables Accountant, My Duties are as follows
  • Following up with customers through telephone and email to get the collections on time continuously in a timely manner.
  • Sending a reconciled statement of accounts monthly to customers
  • Restrict Supplies to customers with bad credit history through daily invoice verification.
  • Investigate delayed payments and resolve the issue by coordinating with the customer to get the collections.
  • Enter Receipts (Cash, Cheques and Transfer’s) accurately in the system.
  • The entry of Purchase Vouchers, Goods return Vouchers (Debit Notes and Credit Notes).
  • Monthly Reconciliation of Bank Accounts (4 Banks).
  • Monthly Inter -Company Reconciliation with branch expenses and VAT verification.
  • Filing of VAT on FTA website. (after computing input and output vat and reverse charges)
  • Management of petty cash.
  • In Charge of Managing Vehicles, Ensure their Timely Maintenance and Renewals.
  • Arrange Shipments to Overseas Branches from Invoicing to Shipment (Door to Port and Door to Door).
  • Taking Financial Data Backups daily and Ensure proper functioning of Servers and other office appliances.
  • Renewals of Insurances and Permits (Fleet Insurance, Medical Insurance, Property All Risks Insurance.) in a timely manner by getting the best rates.
  • Coordinates and Conducts Annual Inventory Counts for Branch and head office.
  
  ACHIEVEMENTS:
  1- Managed to reduce the debtor Turnover period from 120 days to 90 days.
  2- Created procedures to track cash orders until payment receipt.
  3- Managed to reduce vehicle Insurance premiums by 10.5%.
  4- Opened Credit accounts with Tyres and Battery Suppliers with 45 - 60 credit periods.
  5- Successfully collected outstanding receivables of the 2015 to 2018 period up to 98 %.