SHAMS SAJID KAPDI
FINANCE EXECUTIVE
Sharjah
Summary
Experienced finance professional with over 5 years in the insurance industry. Driven by self-motivation, diligence, and a visionary mindset. Committed to establishing a solid career foundation. Actively seeking an opportunity to enhance financial skills within an organization that values growth and offers increased responsibility.
Overview
10
10
years of professional experience
3
3
years of post-secondary education
Work History
Finance Executive
Gargash Insurance Services
06.2022 - Current
- Managed a portfolio of Business Development Executives (BDEs), ensuring accurate credit assessments and timely payments
- Communicated regularly with BDEs to provide update on client payment status, overdue accounts & potential risks, enabling proactive decision making
- Proactively reduce debtor DSO by regularly contacting clients & monitoring aged debt in line with the credit terms agreed
- Ensured prompt action on overdue debt by chasing clients & maintaining regular contact until payment is received
- Reconciled client accounts to align with the insurance company ledger
- Ensured that payments & journal vouchers were recorded efficiently on the company accounting system
- Monitored customer payment patterns & escalated high-risk accounts for further action
- Attended weekly team meetings to report to the manager on weekly activities & outstanding debts within the ledger
- Assisted managers in preparing quarterly reports for presentation to management
- Assisted for commission calculation queries of BDEs as & when requests are being raised
Assistant Accountant
Star Insurance Services Co. LLC
04.2018 - 09.2021
- Managed cash flow and oversaw all cash transactions (daily average of AED 75k - 80k)
- Produced cash flow reports on a daily basis
- Led a team of 3 to carry out staff training for the new software implemented
- Reconciled monthly bank statements and Insurance company statements
- Produced aging reports for Accounts Receivable balance collectively and separately for individual customers
- Regularly followed up with clients for outstanding payments and reported directly to the owner
- Managed daily deposits of cheques & cash
- Created and circulated valid tax invoices for commissions to respective Insurance companies
- Posted journal entries to ensure all business transactions are recorded
- Addressed various ad-hoc requests for departments
Intern
DHL, Dalsey Hillblom Lynn
03.2016 - 05.2016
- Verified Invoices for any misprint or miscalculations and ensured that they were resolved on a timely basis
- Passed entries for suppliers & customers in Oracle
- Exposure to other departments such as Operations, Transportation & HR
Intern
CA Shailesh C. Halbe & Co
04.2015 - 05.2015
- Reviewed whether the data in the system is in accordance with the respective invoices
- Documentation of invoices & other documents
Education
Executive Master of Business administration -
SP Jain School of Global Management
Dubai, UAE 11.2024 - Current
BBA - Finance
University of Mumbai
Ratnagiri, India 06.2014 - 04.2017
Skills
- Accounting
- Communication
- Leadership Experience
- Time Management
- Proficient in MS Excel, Word & Outlook
- Team Collaboration
Extra-Curricular Activities
Dempo BizQuest - Participated in National Level Business Quiz Bravolia Management Meet - Won 1st prize in Word building Ecofest Management meet - Awarded 2nd prize in street play at National Level management meet Participated in Fencing Championship
Timeline
Executive Master of Business administration -
SP Jain School of Global Management
11.2024 - Current
Finance Executive
Gargash Insurance Services
06.2022 - Current
Assistant Accountant
Star Insurance Services Co. LLC
04.2018 - 09.2021
Intern
DHL, Dalsey Hillblom Lynn
03.2016 - 05.2016
Intern
CA Shailesh C. Halbe & Co
04.2015 - 05.2015
BBA - Finance
University of Mumbai
06.2014 - 04.2017
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