collections and credit control.CV
- 1. Ahmed Soliman Collections, billing and credit control manager At Khusheim Holding Location: Saudi Arabia Education: Bachelor's degree, Faculty of commerce - accounting Experience: 6 Years Personal Information Birth Date: 1 December 1988 (Age: 27) Gender: Male Nationality: Egypt Residence Country: Saudi Arabia Visa Status: Residency Visa (Transferable) Marital Status: Married Number of Dependents: 2 Driving License Issued From: Saudi Arabia Contact Name: Ahmed Soliman Abdu Soliman Mobile Phone: +966561644040 Address: Dammam - Saudi Arabia Country: Saudi Arabia Email Address: ah.suliman62@gmail.com Education Bachelor's degree, accounting Faculty of commerce- Mansoura University Location: Egypt Completion Date: May 2009 Finance Training and Certifications * Prevention & collection of debit (Training) Training Institute: DIBM training & consultancy. Date Attended: November 2015 (16 hours). Place: Dubai. *Professional skills for prevention & collection of debt (Certificate) Issued in: November 2015. Place: Dubai.
- 2. Languages English: Level: Fluent Arabic: Level: Native Target Job Target Job Title: Collections, Billing and credit control manager Career Level: Management Career Objective: As a Credit and collections manager I have two primary responsibilities. One is to evaluate and review credit applications to determine if the customers are likely to repay their debts. The other is to follow up on the customers and find ways to enforce repayment for overdue balances: Planning, evaluating, implementing and continuously improving all aspects of credit & collection functions and processes. Put a perfect structure to the Billing Department to implement processes and policies that contribute to accurate invoicing and submission to the customer on time. Working closely with CFO to respond to credit and collection concerns with existing and potential clients. Direct interaction with selected clients in resolving receivables delinquencies and negotiate the repayment plans. Evaluate the customer credit worthiness through many ways to determine the level of risk before dealing with them. Ensuring professional relationships are established and maintained with clients. Lead Collections team and processes for portfolios resulting in the optimal receivables performance through day-to-day leadership and direction to Collection team and review and analysis of all department KPI and improve the DSO (days sales outstanding). Ensure proper succession planning, implement reviews on collections performance, develop and implement strategic collections, operating plans and optimize program operations (structure, processes, and tools). Facilitate the rapid development and implementation of key company initiatives through collaborative efforts with all levels of management and departments. Handle all the collection processes before the due date till the collection of the money like emails, Calls, visits, letters and meet targets set by the company. Follow up on daily and weekly basis with the collection team and make sure that debts are paid in a timely manner. Prepare the documentation necessary to create the Credit or Debit Memo necessary to true up a Customer account. Relays to Controller any and all accounts that need to be written off to bad debt. Resolving customer issues, incorrectly shipped products, billing issues, and reconciling customer accounts.
- 3. Employment Type: Employee Employment Status: Full time Notice Period: 1 month or less Experience (6 Years) July 2013 current job Collections, billing and credit control manager At Khusheim Company For Industrial Equipment Location: Dammam, Saudi Arabia Company Industry: Industrial Yearly Sales Turnover: (600-700) Million SR Auditing company: KPMG Job Role: Management I have established two departments in this company (billing and collection department). Before my joining there were no departments as the billing was being done by the warehouse team and the collections by the sales team. I have put a perfect structure to the Billing Department as a separate department to implement the processes and policies that contribute to accurate invoicing and submission to the customer on time to receive our money on time. After that I started the collection department as a separate department and begin hiring the collectors. Evaluate the new customer and the existing customers. Managing and maintaining accounts assigned to me by the CEO totaling about 600 million SAR Negotiating payment arrangements and insuring customers maintained terms of agreement. Daily follow up with the team of invoicing, collections. Put the daily, weekly, monthly and yearly strategies for all my departments. Preparing the monthly overdue and collections reports to the CEO. dealing with the legal department and prepare all the documents (Warning letters-statement of Accounts) before transferring any customer to legal actions. approving or disapproving the decisions of transferring any customers to legal department after evaluating the actions and the follow ups that were done by the collector and checking the customer situation in the market Following the collections of our big customers by myself. My goal is to try to get our money without losing any customer. Preparing documentation necessary to create the Credit or Debit Memo necessary to true up a customer account.
- 4. Relays to Controller any and all accounts that needed to be written off to bad debt. Finishing and reviewing all the yearly balance confirmation of all our customers. Giving my advice to the management in the case they need to deliver any material to the customers whose accounts were blocked in our system due to the overdue. Handling and co-operating with the accounts for preparing all types of LGs (letter of guarantees) like advance payment guarantee and performance guarantee that we are providing to our customers in case of receiving advance payments or we have projects. Receiving all types of LCs (letter of credit) from our customers and handling all the processes as per LC terms till receiving our money. Receiving the bank statements from the account receivable department on daily basis and match all payments with our invoices. Solving all the issues related to payment like rejections or wrong deliveries and.etc with the sales team and the operation department. Working on ERP system and improve the program of the collection and invoicing department. Managing the company CRM (customer relationship management) on ERP system. Achievements: Moving the company from more than 90 million overdue to 5 million only in my first year. Founder of the collections and invoicing DEP in the company. Put a full structure to the invoicing and collections department and hence I decreased the customer complaints on our invoices and the payments became coming easily. Yearly collections is about (90-95%) of the total outstanding amount. Matching all the payment received during the last 5 years - that still not posted- with our invoices by visiting all the customer and asking them about these payments. Increasing the cash flow of the company in the last 3 years than any years before. I designed a perfect collections program on the ERP system that helps the collectors to easy the follow ups with the customers, records all the chasing processes, printing the statement of accounts of the customers and prepare the needed reports like ageing reports, overdue reports and the collection reports. Awards: The best performance department in the company for the year 2015.
- 5. I was awarded as the most effective employee in the company for the year 2014. January 2012 - June 2013 Collection supervisor/credit control At Mobily Location: Dammam, Saudi Arabia Company Industry: Telecommunications Job Role: Sales Collections January 2011 - December 2011 Accountant (Account receivable) At Zain Location: Dammam, Saudi Arabia Company Industry: Telecommunications Job Role: Account Receivable. Checking the bank transactions on daily basis and do the needful transactions to do the receipts of cash and credit sales. Receiving the cheques from the collection department and deposit in the company bank accounts. Doing bank reconciliation and check with collection team and the sales team for all payment received and still not posted. Professional skills: Ability to supervise and train employees, to include organizing, prioritizing, and scheduling work assignments. Ability to foster a cooperative work environment. Employee development and performance management skills. Ability to develop, plan, and implement short- and long-range goals. Full knowledge of all kind of LCs and LGs. Have an experience on ERP, Oracle and SAP system. Ability to gather data, compile information, and prepare reports. Full knowledge of the tasks of the account receivable department. Full knowledge of the big companies portals like (ARAMCO MAADEN SABIC SEC). The ability to improve the invoicing and collections program on ERP system. The ability to manage the company CRM (customer relationship management) on ERP system.