Overview
Work History
Education
Skills
Summary
Work Preference
Timeline
Hi, I’m

Mahmoud Jallad

Credit Control Manager
Fujairah

Overview

12
years of professional experience

Work History

Fujairah Building Industries PJSC

Group Credit Control Manager

Job overview

  • Maintaining a department organizational structure enough to meet all goals and objectives
  • Properly motivate the credit staff
  • Measuring department performance with appropriate metrics
  • Providing ongoing training for the credit staff
  • Managing relations with collection agencies, credit reporting agencies, credit insurance providers, sales department, and subsidiary management
  • Maintaining the corporate credit policy & to escalate the suggestion/recommendation of changes in the credit policy to CFO & CEO
  • Creating a credit scoring model and managing customer credit files
  • Monitoring the credit granting and updating process
  • Accepting or rejecting the staff's credit recommendations
  • Personally, investigate the largest customer credit applications and visit them to establish relations
  • Doing the proper investigation/Analysis for the largest customer having overdue
  • Monitoring deductions being taken by customers
  • Examine all credit reports and data closely to check for discrepancies
  • Assisting management in presenting reports to stakeholders and board members.

Juma Al Majid Group, A.E
Dubai

Senior Credit Controller
07.2011 - 01.2017

Job overview

  • Managing a team of 6 Credit Officers & Credit Supervisor, reporting to Credit Control Manager and the Group CFO, over the group of 15 entities [Business Unites] –Contracting & Services sector [ Al Arabia Electrical Industries, Al Arabia Electro Mechanical, Al Arabia For Elevators & Moving Systems, Al Arabia For Operation & Maintenance, Al Arabia For Safety & Security, Al Arabia For Technical Supplies and Contracts, Al Majid Contracting, Al Majid Industries, Leader interiors and Leader Metal ]and Trading sector [Al Majid travel, Home appliances, Tyrese and parties, Office equipment ]
  • Managing & reviewing the KPI's reports of our department, I provide a monthly/Quarterly analysis report to the Credit Manager and Group CFO, CC to the Group Financial Controller
  • Managing DSO performance and reporting of the group, I provide a monthly analysis report to the Credit Manager and Group CFO, CC to the Group Financial Controller
  • Manage and establish policies and procedures for credit control processes, and credit cycle with Operation (Business Units), under supervision of Credit Control Manager, and reported to CFO
  • Follow up on the delayed collections with Operation (Business Units) Division General Manager, in present of branch Senior Accountant to escalate the collected remarks to the central management CFO & Credit Manager for further action
  • Presenting credit recommendations to the central management CFO & Credit Manager
  • Hold a meeting with the operation (Business Units) Management in present of branch Senior Accountant, to discuss the collection status & all Credit Matters in his division
  • I.e., collected remarks by Operation for Overdue, overdue above 90 days, Unbilled Receivables & retention, Customers Exceeding credit limits, Customers Not adhering with the approved payment method, Customers having expired trade license…]
  • Ensuring proper maintenance of all customers’ files done on a weekly, monthly, and quarterly basis to be done by the credit officer accordingly
  • Evaluating the analysis of the customer’s financial position and market reputation in terms of opening a new credit account by the credit officer
  • Evaluating the balances Confirmation from the customers directly, supervised the reports done by the credit officer & sent by the accountant in charge
  • Evaluating & controlling after approvals over credit limits and payment terms & payment method granting for the new & existing credit customers
  • Ensure that overdue accounts are appropriately managed and if required may instigate legal proceedings and prepare the necessary documentation for legal action
  • Planning and forecasting group cash collections target monthly
  • Monthly/Quarterly meeting with CFO and Business Unit Management to discuss and resolve past due accounts
  • Identified control weaknesses and seek for an improvement
  • Ensure compliance with organization budgetary guidelines
  • Achievement:
  • Set up credit policy & procedure for 15 entities
  • Set up credit policy & procedures for returned cheques and legal cases for all groups
  • Set up credit reports and performed the proper enhancement.

Juma Al Majid Group
Dubai

Credit Officer
11.2008 - 07.2011

Job overview

  • Receive and study credit application forms and other legal documents from BU to ensure completeness of documentation and make the necessary filing
  • Releasing orders on daily basis within the company procedures and policies on the same day
  • Generate all the necessary credit reports on a weekly, monthly & yearly basis to ensure compliance of credit control department objectives
  • Keep following up and monitoring with BU manager, senior accountant, bill collector and salespeople for payments and settlements to ensure compliance of company procedure /policy and coordinate with other finance department to achieve the company objective
  • Follow up the collection process and push BU to collect/settle all credit matters through CCD reports at proper time to maintain credible receivable and risks
  • Attend BU inquiries and provide the needed explanation if required to ensure work done as per company procedure
  • Keep following up the bounced cheque and legal cases to the concerned department and arrange the necessary updates and progress and reports upon requested
  • Providing and suggesting new ideas pertaining to credit procedures in order to achieve company/top management objectives
  • Assume all duties and responsibilities of Senior Credit Controller upon leave to keep the smooth of workflow
  • Achievement:
  • Set up credit reports.

National Bank of Abu Dhabi’s, A.E- Abu Dhabi

Sales Executive
03.2007 - 10.2008

Job overview

  • Selling banking multi products, maximizing accounts profitability through cross selling company's other products such as auto loans, smart loans and liability accounts, identifying business opportunities by listing new company's customers
  • Well known defects of the competition to inform our prospects on how we do business better
  • Managed client relations to promote long-term relationships
  • Responsible for implementing best customer service practices to improve sales channels and minimize customer complaints
  • Achievement:
  • Execute sales activities fluently
  • Build strong relationship with clients
  • Reason for leaving:
  • To have a more challenging and fulfilling job in Finance and Accounting.

Tullkarm Decoration Est

Accountant
08.2004 - 01.2007

Job overview

  • Prepares journal entries and bookkeeping
  • Processing year end accounts
  • Advising clients on tax
  • Accurately and promptly process documentation
  • Preparing monthly reconciliations
  • Preparing annual financial statements
  • Collecting raw financial data
  • Developing policy for company
  • Preparing standard accounting reports and summaries for financial analysis
  • Reviewing the company’s financial system
  • Calculating, preparing, and submitting accounts and tax returns
  • Preparing tax provision schedules
  • Understanding tax regulations law by Compliance with regulations and forwarding required information to federal, state, and local authorities and maintaining legislative materials by reviewing, interpreting, and implementing new or revised laws.

Education

Zarka Private University

Bachelor’s Degree from financial and Banking Sciences
Sept 2006

UAE

Finance goals & skills enhancement – Group Finance department of Juma
Dec-2015

Strategy & Performance Management System - Group Strategy Division of Juma Al Majid, UAE
Apr, 2014

Zarka Private University

Terminology of economics and administrative in English
Jan, 2006

Skills

  • PC Skills:
  • MS Office (Word, Excel, Power Point, Access)
  • Accounting software/ERP: Oracle, SAP
  • Risk Analysis
  • Client Relationship Management
  • Policy Development
  • Risk Mitigation
  • Application Processing
  • Loan Decision Assessments
  • Authorizations Knowledge
  • Performance Improvement
  • Procedure Enforcement
  • Loan Policy Limits
  • Strategic Planning
  • Legal Requirements
  • Regulatory Compliance
  • Financial Management
  • Credit Evaluation
  • Creditworthiness Evaluations
  • Performance Monitoring
  • Industry Best Practices
  • Policy Implementation
  • Key Performance Indicators (KPI)
  • Fraud Understanding
  • Insurance Negotiation
  • Problem Monitoring
  • Business Intelligence Gathering
  • Stakeholder and Investor Relations
  • Risk Management Expertise
  • Document Verification
  • Credit Approval and Denial
  • Manage Cash Flow
  • Financial Reporting and Analysis
  • Collections Actions
  • Mentoring
  • Investigation

Summary

Detail-oriented Credit Manager skilled at analyzing lending activities according to current regulations, standards and market conditions. Offering 15 years of financial industry expertise.

Work Preference

Work Type

Full Time

Work Location

On-SiteRemoteHybrid

Important To Me

Flexible work hoursCompany CultureHealthcare benefitsTeam Building / Company Retreats

Timeline

Senior Credit Controller

Juma Al Majid Group, A.E
07.2011 - 01.2017

Credit Officer

Juma Al Majid Group
11.2008 - 07.2011

Sales Executive

National Bank of Abu Dhabi’s, A.E- Abu Dhabi
03.2007 - 10.2008

Accountant

Tullkarm Decoration Est
08.2004 - 01.2007

Group Credit Control Manager

Fujairah Building Industries PJSC

Zarka Private University

Bachelor’s Degree from financial and Banking Sciences

UAE

Finance goals & skills enhancement – Group Finance department of Juma

Strategy & Performance Management System - Group Strategy Division of Juma Al Majid, UAE

Zarka Private University

Terminology of economics and administrative in English

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Mahmoud JalladCredit Control Manager