Abdul Hazeeb Haidar Ali
Dubai,UAE
Summary
Credit & Receivables Management professional with 8+ years of extensive Knowledge & experience in Credit Control & AR. My objective is to build a career in the field of Finance particularly in the credit control function through continuous learning, hard work & dedication.
Overview
8
8
years of professional experience
7
7
years of post-secondary education
Work History
Credit controller
Bureau Veritas
Dubai, United Arab Emirates
12.2020 - Current
- Managed a client ledger of around 200+ customers across the MER region with a total AR of AED 40M-50M annually.
- Monthly reporting to Management Team and key stakeholders including Financial Controllers of each Country & Sales Directors on outstanding issues and inform them of potential debtors’ problems.
- Analyzing and working on weekly Debtor’s Report and ensure that all accounts receivables are chased in line with the organizations credit control policy.
- Responsible for issuing monthly AR reports and arranging meetings with Sales & Operations to discuss on AR status and follow-up on action points.
- Responsible for efficient bad debt recovery by collecting doubtful debts, potential write offs and taking legal actions if necessary.
- Responsible for reviewing Credit Applications form from clients(Ensure due diligence is exercised before opening new credit accounts)
- Part of the implementation team who successfully rolled out Getpaid- a fully integrated, web-based AR tool that helps increase cash flow, mitigate risk and drive operational efficiencies.
- Provided training to the billing and customer service team regarding 02C cycle to ensure smooth cash flow.
- Supporting the team in dispute resolutions by identifying the underlying issues and finding solutions that satisfy both parties.
- Assisting the sales team in Credit Enhancement for new projects which includes obtaining Collateral/financial securities.
- Delinquent account resolution including negotiation of revised payment plans and explore multiple ways to secure our outstanding payments.
- Pro-actively identify the customers at potential risks & escalate it to the concerned business line managers for discussions and actions including legal & documentation process
Accounts Receivables Executive
W.J.Towell Group
Dubai, United Arab Emirates
01.2016 - 12.2020
- Monitoring and administer over 5OO Retail, Wholesale, Co-operative society, Institutional & Horeca customers across U.A.E.
- Handling & Maintain “Credit Insurance – Euler Hermes” till claim process and updating overdue on monthly basis.
- Ensures monthly Statements been sent to the customers on timely basis to avoid delays in the payments.
- Revising the Credit terms & Credit Limits of the customers periodically to ensure smooth functioning of Reliable Credit policies.
- Calculation of Debtors Provision by Division, Sales Channel & Major customer wise & passing Entries in the General Ledger.
- Responsible for AR month-end closing after reconciling the Debtors General Ledger and Sub GL to ensure accuracy of the reports.
- DSO Calculation & planning the corrective actions to reduce the debtor days.
- Conducting CIT Reconciliation on periodic basis to control remittance pending of Cash van Salesman.
- Checking & Correction of all AR Entries to ensure submission of correct data for VAT Return on monthly basis.
- Conduct Risk analysis Based on the Risk components set by Management for all the customers across companies.
- Maintaining the customer master data for the total companies across the group & ensure the Information’s are accurate.
- Preparing Deductions summary monthly basis & Ensure deductions are cleared on time by booking credit notes against the correct GLs.
Education
Master's degree - Commerce
Bharathiar University
Coimbatore/India 06.2013 - 04.2015
Bachelor of Business Administration - Business Management & Administration
Dr. NGP Arts & Science College
Coimbatore/India 06.2009 - 04.2012
Master - Business Administration
Bharathiar University
Gudalur/India 06.2013 - 04.2015
Skills
- Credit Control
- Dispute Resolution
- Cash Flow
- Microsoft Excel
- Billing query resolution
- Cross-functional communication
- Credit risk management
- Credit exposure monitoring
Languages
English
Fluent
Malayalam
Native
Tamil
Fluent
Arabic
Intermediate
Hindi
Intermediate
Accomplishments
Received Best Employer Award from W.J. Towell Company for reducing the aging of above 180 days from from 35% to below 10% in a short span of time.
Timeline
Credit controller
Bureau Veritas
12.2020 - Current
Accounts Receivables Executive
W.J.Towell Group
01.2016 - 12.2020
Master's degree - Commerce
Bharathiar University
06.2013 - 04.2015
Master - Business Administration
Bharathiar University
06.2013 - 04.2015
Bachelor of Business Administration - Business Management & Administration
Dr. NGP Arts & Science College
06.2009 - 04.2012
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