Mohammed Asifuddin

Duties & Responsibilities

• Maintaining proper up to date accounting books and records.
• Responsible premium collection and allocate with in TAT
• Resolve financial disputes raised by the customer service and sales teams.
• Responsible for Debts collection and chasing Debtors on weekly basis.
• Monitoring & controlling general ledger by passing journal entries on daily basis.
• Processing of all accounts payable transactions, ensuring accuracy of each payable and check preparation for all approved payables.
• Cross check all Payable transaction before upload in to Citibank and send email to FM/CFO for authorization.
• Timely submission of the following management reports.
• Weekly bank & cash report
• Weekly Production Report
• Monthly cash flow projection
• Premium Bordure Report
• Claim Bordure Report
• Monthly financial statements (Balance P& L A/c) and bank reconciliations submission.
• Assist the external auditors at year-end including preparation of schedules, invoices and explaining supporting materials and procedures

Duties & Responsibilities

• Maintaining general ledger, including preparing general entries, coding invoices, accoun1ts analysis and reconciliation, closing books monthly, setting up new accounts.
• Processing of all accounts payable transactions, ensuring accuracy of each payable and check preparation for all approved payables.
• Holding responsibility for Petty cash on daily basis.
• Verification of LPO’s, Coding and posting of approved expenses in respective GL accounts, Cost centers and ensure all LPO’s are approval by the department head as well as financial controller to avoid any miss appropriate cost center.
• Performing accounts payable duties such as verifying and paying all invoices to Vendors
• Making sure accuracy, integrity & quality of all Payments made to supplies properly.
• Making sure approved payments are released per agreed payment terms and all supporting documents are in line with compliance of company policies & procedures with approval of MD & RFO.
• Preparing Transmittals and submitting to the treasury department to releasing the payments on time.
• Preparation of bank reconciliation statement on monthly basis and reconciles inter-company ledgers as well.
• Maintaining Corporate Credit card and paying o/s before due date for each card.
• Maintaining and updating records of fixed assets schedules and all other financial documents, as necessary.
• Assisting in monthly closing Process such as Prepaid, Accrual entries, Depreciation, Salary journal, Revenue recognition, and expanse reporting and accounts reconciliation.
• Assisting the external auditors at year-end closing that includes preparation of schedules, invoices and explaining supporting materials and procedures

Duties & Responsibilities

• Responsible for collection of invoices and holding responsibility for the ledger.
• Assessing the credit worthiness of new and existing clients.
• Check customer’s credit and approve or deny applications based on company standards and requirements.
• Negotiate payment plans with customers and set up loan terms and conditions
• Maintain accurate records of Debtors, analyze the effectiveness of the company’s credit control system and implement changes to improve profitability and reduce bad debts
• Ensure customers pay on time and chase any overdue invoices.
• Develop the credit control system in collaboration with Sales, Marketing, Finance and company executives.
• Improve and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessary.
• Visiting Customer/Broker to build and improve relationships leading to collections success.
• Regular report to senior level management to discuss on aged debtors report & Implement proper system & Procedures to control or clear the rows from age debtors by collecting payment within TAT.
• Conducting weekly Credit Control meeting with management team to highlighting the issues related to the clients or brokers over dues.
• Running the Report in GPS for Trial Balance, Balance Sheet, P&L account, Premium Bordereau, Claim Bordereau & Bank Reconciliation report with Excel Environment required by Management& Finance Manager.
• Assist the external auditors at year-end including preparation of schedules, invoices and explaining supporting materials and procedures.

Duties & Responsibilities

• Maintain general ledger, including preparing general entries, coding invoices, accounts analysis and reconciliation, closing books monthly, setting up new accounts.
• Plan, Schedule and control the work of the Accounting Department.
• Preparation of Import Order, Import Billing, Checking Inquiries and Quoting Prices to the customer vise versa.
• Disbursement of payment to local and Foreign Supplier’s as per their Currency through Telegraphic Transfer (TT)
• Coordinate with all braches for the timely submission of all documents and reports required by Accounts department.
• Stock inspection monthly or annually.
• Update records for fixed assets and all other financial documents as necessary.
• Assist the external auditors at year-end including preparation of schedules, invoices and explaining supporting materials and procedures.
• Generating all Financial Reports with Business Management System (BMS), Winsoft2005 & export into Excel Environment for submission to management