Mohammed Azam
Riyadh, Kingdom of Saudi Arabia [email protected] 0508683760
Professional Summary
A confident, hardworking, enthusiastic person who is eager to learn new skills to reach a professional level derived from the pressure and demands of a challenging world.
Ability to provide quality service in compliance with performance SLAs and handle complexity in business processes.
Senior Credit Analyst - Credit Control & Collection at Shinas Home Trading & Contracting for the period
May 2007 until Apr 2018 11+ years. During these years, I have prepared myself with all Credit Control functions, which include Review New Credit Applications, approve & set credit limit, follows for payment, providing credit control procedure & policies, MIS reports. I was managing a team of 6 staff and around 38 Sales executive from different divisions e.g. FMCG products from ITC brand for credit control and follow up of collection. I am responsible for reporting to the Head of Commercial and Finance of the company. Strong ability with Tally ERP, Oracle 11i & MS Office packages like Word, Excel and PowerPoint has always helped me in decent and prearranged representation of my Credit Control and Account Receivables work.
Employment history
Accountant - Shinas Home Contracting LLC MAY-2007 TO APR-2022
Shinas,Sultanate of Oman
• Prepared and reviewed Import/Export Letter of Credit applications and amendments in strict adherence to standard guidelines.
• Managed the full lifecycle of LCs, including issuance, advising, and final payments, ensuring all commercial and financial documents matched LC specifications.
• Conducted daily and monthly reconciliations to ensure accurate booking of amendments and payments.
• Conducted KYC and due diligence checks on corporate customers and foreign banks to mitigate fraud and ensure regulatory compliance.
• Generated weekly and monthly reports on LC status, commission payments, and fund utilization to support senior management decision-making.
• Maintaining Accounts up to finalization.
• Routine work such as bank payment, bank receipt, bill of exchange, cash receipt, purchase booking with costing, sales posting, etc
• Bank reconciliation, intercompany reconciliation, debtor’s reconciliation, creditor’s reconciliation, stock reconciliation, and payroll reconciliation.
• Giving stock report to the internal auditor with reconciliation at the end of every month with variance.
• Preparing sales report with GP.
• Preparing cash flow statements.
• Preparing debtor’s aging report and sending it to the head office.
• Maintaining depreciation Records.
• Preparing Payroll for Expatriates and Omanis.
• Interaction with auditors & FC for clearing payment and salary as per company norms.
• Preparing Budget reports.
• Preparing MIS and sending it to the head office.
• Responsible for A/R, journal entries, monitoring collection, overdue balances of customers & their recovery and all other functions related to credit control dept.
• To monitor collections on daily/ weekly/monthly basis
• To Schedule collection meeting with salesperson and Debt collector on weekly/Monthly Basis and take commitment to collect overdue balances for each customer.
• To Increase or Decrease the customer credit limit as per company policy
• To Ensure collection are received as per approved credit term and period
• Verifying all invoice entries and facilitating payments due
Achievements
• "Reduced document discrepancy rates by 25% through a careful pre-submission audit process."
• "Optimized cash flow by accelerating LC negotiation cycles, resulting in a 15% reduction in DSO (Days Sales Outstanding)."
Education
Osmania University
Bachelor of Commerce with Computers, 2006
Other
Diploma in Computer Accounting (Tally 6.3,7.2, Peachtree) Diploma in MS – Office (Word, Excel, Power Point),
Post Graduate Diploma in Computer Application
Basic Knowledge of Odoo
Personal Detail
Name:- Mohammed Azam
Date Of Birth:- 14-03-1982
Marital Status:- Married
Driving Licensed:- Valid (KSA)
Iqama No:- 2625439191
Languages
Arabic
Urdu & Hindi English
Skills
Reports and Analysis Management Dispute Management
Account Receivable Management Collection Management
Credit Management MS Office
MS Excel Oracle