Accounts Receivable Specialist
01 January 2017 —
03 November 2019
QMobile is the largest smartphone marketing brand in Pakistan with an estimate of 20 million mobile phones sold monthly. It has operations all over in Pakistan and also extended to Afghanistan as well.
As an AR Specialist I was promoted to monitor and, where possible, improve overall health of company’s $31 million worth receivables. My key achievements during this time have been: -
• successfully managing portfolio of over 1,000 customers of Group of Companies spread over two countries and various segments
• highlighting stuck payment and sundry accounts which led to company realizing funds over $5Million.
• aiding in improving company’s recovery by 34% on a monthly basis.
• successful execution of annual convention 2016 to 2019 i.e cumulating $20Million company-wide discount.
• reduce market exposure by more than 40% ($40Million) by rationalizing credit limits of customers.
• cleared dumped location amounting $.25Million which was outstanding since 2012.
• conducted ALL Pakistan employment confirmation process which saved $80,000 for company.
• conducted ALL Pakistan dealer confirmation process which helped to removed invalid customers.
Key responsibilities: -
• liaison among various departments and develop controls to resolve customer disputes on real-time basis.
• review and approve allocation of discounts to customers.
• ensure completeness of new customers induction process of both companies.
• assist in timely collection of monies by preparing periodic ageing reports for CEO on weekly basis.
• highlight potential bad debts and suggest revised trading terms.
• perform closing of account receivable section of both companies.
• prepare sale dashboard for HOD to analysis the sales movement of Group of companies on daily basis.
• forecast recovery collection on a monthly basis.
• draft weekly reports which requires approval of Audit & Compliance Lead.
• prepare month end reports for CEO.
• perform special assignments as per instructed by Audit & Compliance Lead.