Muhammad Saad
Abu Dhabi
Summary
Highly skilled and dedicated accountant with a strong background in financial management and analysis. Demonstrated expertise in maintaining accurate and up-to-date financial records, performing comprehensive audits, and ensuring compliance with regulatory standards. Proficient in utilizing advanced accounting software and systems to streamline processes and enhance efficiency. Proven ability to provide strategic financial guidance, drive cost reductions, and maximize profitability. Excellent communication and interpersonal skills, fostering effective collaboration with cross-functional teams and providing comprehensive financial reporting to senior management. A results-oriented professional committed to delivering accurate financial information, optimizing resource allocation, and supporting organizational growth.
Overview
13
13
years of professional experience
Work History
Accountant
National Paints Factories Co Ltd
03.2011 - Current
- Invoicing and Billing: Generate and distribute accurate and timely customer invoices for products or services rendered
- Ensure proper documentation and adherence to contractual terms and conditions.
- Payment Collection: Monitor and track customer accounts for payment due dates
- Follow up with customers via phone, email, or other communication channels to ensure timely collection of outstanding invoices.
- Cash Application: Record and reconcile customer payments, ensuring accurate allocation to respective customer accounts
- Investigate and resolve discrepancies or unapplied payments.
- Customer Relationship Management: Build and maintain positive relationships with customers, addressing inquiries, resolving payment disputes, and providing excellent customer service.
- Aging Analysis: Perform regular analysis of accounts receivable aging reports, identifying delinquent accounts and taking appropriate actions for collections or escalation.
- Reporting and Analysis: Prepare accounts receivable reports, including aging analysis, cash flow projections, and collection performance
- Provide insights and recommendations to management for improving cash flow and reducing outstanding balances.
- Credit Management: Evaluate and review creditworthiness of new and existing customers
- Set credit limits, monitor credit terms, and work closely with sales and finance teams to mitigate credit risks.
- Compliance and Documentation: Ensure compliance with accounting policies, industry regulations, and customer contracts
- Maintain accurate records of customer communications, payment plans, and collection activities.
- Invoice Processing: Review and process vendor invoices accurately and efficiently
- Ensure proper coding, matching with purchase orders, and adherence to company policies and procedures.
- Payment Processing: Prepare and process payments to vendors, including checks, ACH transfers, or electronic payments
- Maintain accurate records of payment transactions and reconcile accounts.
- Vendor Management: Establish and maintain positive relationships with vendors, address inquiries, and resolve payment discrepancies or issues promptly
- Negotiate favorable payment terms and discounts when possible.
- Expense Management: Review and reconcile employee expense reports, ensuring compliance with expense policies and timely reimbursement.
- Financial Records: Maintain accurate accounts payable records, including vendor files, payment records, and related documentation
- Assist in month-end closing activities and provide necessary reports and analysis.
- Internal Controls: Implement and enforce internal control procedures to safeguard company assets and prevent fraudulent activities
- Regularly review and improve accounts payable processes for efficiency and accuracy.
Education
BS Hons, Economics -
University Of Peshawar
Peshawar, Pakistan08.2010
Skills
- Attention to Detail: A strong attention to detail is essential in both accounts payable and accounts receivable roles to accurately process invoices, payments, and financial records It helps to catch errors and discrepancies, ensuring accuracy and maintaining the integrity of financial data
- Organizational Skills: Effective organization skills are vital to manage multiple tasks, deadlines, and documents in accounts payable and accounts receivable Being organized allows for efficient processing of invoices, tracking payments, and managing vendor or customer records
- Time Management: Accounts payable and accounts receivable professionals often handle a high volume of transactions and inquiries Effective time management skills enable them to prioritize tasks, meet deadlines, and ensure timely payments and collections
- Analytical Thinking: Strong analytical skills are valuable in both accounts payable and accounts receivable roles Analyzing financial data, identifying trends, and resolving payment discrepancies require the ability to think critically and make sound judgments based on available information
- Communication Skills: Effective communication skills are crucial for interacting with vendors, customers, and internal stakeholders Clear and concise communication helps resolve payment issues, address inquiries, and build positive relationships with stakeholders
- Problem-Solving Abilities: Accounts payable and accounts receivable professionals encounter various challenges, such as payment discrepancies, invoice disputes, or collection issues Strong problem-solving skills enable them to identify root causes, propose solutions, and resolve issues efficiently
- Customer Service Orientation: In accounts receivable, a customer service-oriented approach is important when interacting with customers regarding outstanding payments Being patient, empathetic, and proactive in addressing customer concerns helps maintain positive relationships and timely collections
- Ethical Conduct: Maintaining a high level of ethical conduct is essential in handling financial transactions, ensuring compliance with policies and regulations, and safeguarding sensitive financial information
- Adaptability: The accounting landscape and industry standards are constantly evolving Being adaptable to changes in technology, processes, and regulations is crucial to stay up-to-date and effectively perform accounts payable and accounts receivable tasks
- Teamwork and Collaboration: Collaboration with cross-functional teams, such as finance, procurement, or sales, is often necessary in accounts payable and accounts receivable roles Strong teamwork skills contribute to effective collaboration, problem-solving, and achieving shared goals
Projects
Electricity Tarif Incentive Program, Excel, Microsoft Word, 03/2022, 06/2022 ICV- In-Country Value Program, Excel, 09/2022, 03/2023
Timeline
Accountant
National Paints Factories Co Ltd
03.2011 - Current
BS Hons, Economics -
University Of Peshawar
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