Mohammed Mujahed Ali Khan
Sr. Accountant
Dubai
Summary of Career
1. Dynamic and motivated professional with a proven record of generating and building relationships
2. managing projects from concept to completion
3. Skilled in building cross-functional teams
4. demonstrating exceptional communication skills
5. making critical decisions during challenges
6. Adaptable and transformational leader with an ability to work independently
7. creating effective presentations
8. developing opportunities that further establish organizational goals
9. Dependable and organized team player with the ability to communicate effectively and efficiently
10. Skilled at building relationships with employees across all levels of an organization
Experience as Collection Officer & Credit Analyst – Accounts Receivables
lG Electronics
24 March 2010
29 April 2019
Dates Employed April 2015 – Feb 2019
- Credit risk management
-Secure 100% of Credit Insurance for all the customers
-Ensure the validity of Bank Guaranty and it is in line with HQ policies
-Make sure that AR Balance of all customers are within credit limit and avoid any risk
- Various reports to Management, Regional HQ
- AR Aging, Credit limit, Collection forecast, LC reports,
- AR Validation in Global Financial Validation System based on HQ standard
- Manage and monitor LC costs and report to Management.
- Collections forecast and follow up with sales team and trade finance Dept.
- 100% SOA matching and no customer disputes more than 3 months
- Lead the team for new reporting system and train them as required.
- AR Balance confirmation report on quarterly.
- Monitor the collection and ensure that overdue is within the Credit policy
- Send SOA to all the customers on a regular basis.
- Bank Guarantee and LC Management.
- Visiting the customer on weekly basis to discuss the collection delay and making the action plan to get the receivable on time.
-Coordinating with internal lawyer for any overdue customer receivable and prepare the legal action to avoid the delay in receivable.
- Had Oracle System workshop (Training) & Accounts receivable workshop (Training) in LG Electronic Subsidiaries in Europe.
Sr.Accountant –Accounts Payables
Dates Employed Mar 2010 – April 2015
- Various reports to Management, Regional HQ
-Preparation of Cash Flow Statement and Financial statement analysis
-Validation of Financial statements based on HQ standard
- AP Aging, AR aging, LC tracking and other MIS reports
- Accounts Payable Management
-Make sure that COAs properly taken care
-Responsible for Global payable system
-Preparation and follow up on payments
- Coordination with Regional Accounting Centre and HQ team.
- Liaison with internal and external Auditors.
- Communication of new policies and procedures.
- Managing provisions and follow up of the same.
- Closely monitoring of GL entries and other adjustment entries.
- Active participation in month closing and reporting systems.
- Preparation of Bank reconciliation statements.
- Training of employees on internal systems on a regular basis.
Experience as Credit Analyst & Collection officer
19 May 2019
30 June 2020
Accounts Receivable:
-Prepare weekly receivables and ageing status report and submit to the management for review and action.
-Prepare data analytics and reporting on credit control matrix.
-Receivables accounting and monitoring to ensure timely collection and achieving monthly collection targets
-Open Debtor account with proper documentation.
-Make daily and monthly collection report, which shows region wise collection of all region and also of the whole company.
-Chase outstanding customer account and finalize the dues.
-Hold weekly/monthly meetings with internal stakeholders to escalate issues and follow ups.
-Attend customer queries on day to day basis.
-Visit clients for accounts related issues as and when required to ensure smooth running of business.
-Ensure that information is accurately allocated and entered into the system.
-Proactively identify receivable improvement opportunities.
-Use initiative and bring new ways of credit control
Accounts Payable:
- Assists in preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
- Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions resolving discrepancies.
- Review all inter-company transactions and generate invoices as necessary.
- Analyse financial statements for discrepancies and other issues that should be brought to the CFO’s attention before the closing.
- Prepare accurate, timely financial statements in accordance with the established schedule and with input from the rest of the accounting department.
- Verify, allocate, post and reconcile accounts payable and receivable.
- Develop the accounting process and policies to maintain and strengthen internal controls
- Reviewing journal entries to ensure accuracy before the closing.
- Performing variance analyses and preparing account reconciliations.
- Coordinating more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments.
- Maintain account balances and bank statements.
- Manage general ledger and assist month-end and year-end close processes.
- Summarize and prepare financial status and transactions reports, including a profit and loss statement, and other necessary reports.
- Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation.
- Present financial statements with all the team directors after the month end closing to ensure to spend within the budget given.
Master 24 November 2010
MBA Finance