Hitesh Vyas
Accounts
Dubai
Summary of Career
1. Monitoring and administer over 5,OOO Retail, Wholesale, Co-operative society, Institutional & Horeca customers across U.A.E.
2. Maintaining the Customer Master file which consists all the major customer accounts in U.A.E
3. Generation and Analysis of Customer & Salesman Ageing report on weekly or monthly basis to ensure maximum collections and to reduce the risk of bad debts
4. Prepare Customer Account Reconciliation and Salesman Reconciliation on monthly basis
5. Contacting delinquent customers to secure payments
6. Ensures monthly Statements been sent to the customers on timely basis to avoid delays in the payments.
7. Revising the Credit terms & Credit Limits of the customers periodically to ensure smooth functioning of Reliable Credit policies.
8. Calculation of the Overdue Figure by Division, Sales Channel & Major customer wise.
9. Debtor days Calculation & planning the corrective actions to reduce the debtor days.
10. Preparing bank reconciliation and helping to close the month end activity.
Experience as Assistant Accountant
01 October 2019
To date
Preparation of deduction summary & calculation of discount given to customer. Preparation of credit note in the oracle with the help of taxation department and discussing the adjustments (input-output tax) in the process. Maintain electronic files and documentation thoroughly and accurately in compliance with company policy and accepted accounting practices
Verify financial data for use in maintaining accounts payable records. Maintain copies of vouchers, invoices or correspondence necessary for files. Utilize integrated accounting systems to ensure accuracy and completeness of transactions for financial reporting.
Check vendor files for any previous payments and assign voucher numbers. Reconcile vendor statements, research and resolve invoice discrepancies and issues. Clarify any questionable invoice items, prices or receiving signatures and obtain proper information and/or data regarding invoice payments and provide necessary support to pay the obligations of the supplier.
Maintain and update the list of suppliers and their qualifications, delivery times, and potential future development. Working with team members and procurement manager to complete duties as needed.
Managing quotation from supplier for sale and purchase of vehicle. Preparing purchase orders for vehicle related expenses and take the approvals from tax and purchase department. Maintaining company’s e-wallet and salik account and take a proper track of vehicle related expenses.
Preparing management reports & presentations and submit it to the manager for monthly meetings and discuss the necessary actions required.
Experience as Accounts Receivable Executive
04 June 2017
20 September 2019
Monitoring and administer over 5,OOO Retail, Wholesale, Co-operative society, Institutional & Horeca customers across U.A.E. Preparation of Deduction Summary & circulating amongst other team members to reduce the pending deductions. Calculation of discount given to customer, calculation of rebate and credit note in the oracle.
Debtor days Calculation & planning the corrective actions to reduce the debtor days. Allocation of payment received from customer to relevant unpaid invoices of customer. Maintaining the Customer Master file which consists all the major customer accounts in U.A.E. Calculation of the Overdue Figure by Division, Sales Channel & Major customer wise.
Ensure monthly Statements been sent to the customers on timely basis to avoid delays in the payments. Prepare Customer Account Reconciliation and Salesman Reconciliation on monthly basis. Contacting delinquent customers to secure payments. Arranging meetings with customer and collection of balance confirmation from them on quarterly basis.
Master 01 July 2017
Post Graduation Diploma In Management (Finance+Marketing)Bachelor 30 April 2015
B.Com (Economics)