Mahmoud Abdelhalim Jallad
Dubai,United Arab Emirates
Summary
Versatile credit manager with 15 years of credit management experience, applying strategic credit policies in a clear, standardised manner. Familiar with regulatory requirements and best practices for best-possible company compliance and quality standards.
Overview
12
12
years of professional experience
Work history
Group Credit Control Manager
Fujairah Building Industries PJSC
- 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.
Senior Credit Controller
Juma Al Majid Group, A.E
Dubai
07.2011 - 01.2017
- 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.
Credit Officer
Juma Al Majid Group
Dubai
11.2008 - 07.2011
- 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.
Sales Executive
National Bank of Abu Dhabi's, A.E- Abu Dhabi
03.2007 - 10.2008
- 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.
Accountant
Tullkarm Decoration Est
08.2004 - 01.2007
- 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.
Education
Bachelor's Degree - financial and Banking Sciences
Zarka Private University
Skills
- PC Skills:
- MS Office (Word, Excel, Power Point, Access)
- Accounting software/ERP: Oracle, SAP
- Accounting software
- Loss mitigation strategies
- Financial planning
- Loan recovery processes
- Financial viability assessment
- Credit analysis
- Loan documentation
- Credit exposure monitoring
- Persistent communication
- Issue review
- Cross-functional communication
- Billing query resolution
- Risk evaluations
- Outstanding payment collection
- Aged debt control
- Credit risk management
- Time management
- Public relations
- Team building
- Leadership
Languages
English
Fluent
Arabic
Native
Work availability
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
morning
afternoon
evening
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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
Bachelor's Degree - financial and Banking Sciences
Zarka Private University
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