Years of professional experience and Qualified CMA ( ICWA)
Sheffy Paul
Credit Controller
Sharjah
Summary
Career Snapshot
ACMA with 16+ years of varied experience in Accounts Payable, Account Receivable, Letter of Credit, Accounting, Credit Control
- Prepare LC documents for Export and Local Shipment.
- Negotiate the LC Documents with the Negotiating Bank.
- Keep Track of shipment in consistent with shipment Expiry and LC Expiry.
- Knowledge in Credit Insurance and obtaining the credit insurance for the sceptical customer.
- Preparation of Bank Reconciliation for Multiple Banks
- Complete and enhanced knowledge of Accounts Receivable Follow up with the sales and customers for the receivables.
- Issuing Tax invoice, Credit notes and proforma invoices.
- Discuss with Bank regarding the Fx Rate to get the maximum good Rate.
Overview
17
17
1
1
Master of Commerce
2
2
Languages
2
2
Year Credit Control
Work History
Sr. Accountant and Credit Controller
Magna Tyres, Ras Al Khaimah
RAS AL KHAIMAH
04.2022 - Current
- Preparing and checking Letter of credit and Cash against documents and assuring it is Error free and submission of documents to the bank.
- Responsible and In charge for application of credit insurance and filling of suit in case of non-recovery
- Interact with Bank and respective Relationship Manager in regard to Trade and for application of corporate credit card
- Checking the reliability of the customer regarding the credibility through various means.
- Coordinating with logistic Team in checking the bill of lading.
- Apply certificate Origin from Chamber of commerce.
- Follow up with customer to get the LC documents signed if the LC has signature clause.
- Manage month/year-end closing process – Accrual journal entry (A&R, A&P), Accrual list update/review, Cost Access file management.
- Preparation of month end works including Prepaid calculation, other Debts, Exchange rate calculation, Depreciation, Ageing report of customer and suppliers, Salary variance, Agency fees etc
- Preparation of Bank Reconciliation
- Collection of Cheque from the customers including ensuring the PDC cheque are falling in credit period provided to the customer (if not take the necessary approval) and updating the cheque control sheet.
- Verifying and sharing of SOAs to sales employees on or before 5th of every month
- Verification & releasing of sales documents submitted by logistics department.
- Sending the collection plan to respective Sales team in first day of every week and keeping the track of invoices which are due for payment.
- Responsible for Fixed asset register and records keeping in coordination with HR.
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
Cost Accountant
Life Line Silk Screen LLC
Sharjah
12.2014 - 01.2022
- Monitoring of Bank Reconciliation and carrying out reconciliation of vendor ledger, petty cash book and foreign currency account. Ensuring the external audit requirements like cross checking of document.
- Handling the preparation of final settlement for employees.
- Preparation of fund transfer forms
- Processing foreign payment for the suppliers outside the country.
- Analyze customer credit application, negotiating and finalizing payment terms with clients, negotiating and finalizing payment terms with banks, analyzing corporate customers outstanding on weekly basis, dishonor cheque follows up with customer
- Taking up with legal Dept, weekly submission of aging report of receivables and initiate actions on aged balance, reviewing of temporary credit limits, verifying all entries for documentary credit discounting, Postdated cheque discounting
- Review of credit application and fixing the credit limit and credit days for the clients. Accounts reconciliation of the customers.
Cost Accountant
Elite Extrusion LLC
Ras Al Khaimah UAE
02.2013 - 10.2014
- Interacting with Banks for setting up Exchange Rates, Charges, and Due date Advise and other bank Statement related clarifications.
- Supervise Stock taking responsibility on monthly basis as per Accounting procedure
- Report to management on outstanding issues and inform them early of potential debtors and suppliers.
- Preparing Documents for Letter of Credit
Senior Accountant
EMSTAR LLC
Bangalore
06.2008 - 12.2012
- Purchase Booking
- Reconciliation of supplier’s statement of accounts & Company statement
- Interacting with Banks on various issues regarding Bank Charges, Amounts reflected in the Bank statements and other clarifications
- Assisting Finance Manager in Finalizing the payment terms of the suppliers
- Successful in maintaining a good relation with suppliers.
Senior Associate
Source Partners International
Kochi
12.2005 - 04.2008
- Years 4 Months)
- Checking & Verifying the errors in the Vouchers
- Evaluation of Contracts
- Making all journal entries in the HMIS ERP system
- Collaborate with accounting team to support various accounting projects and activities on a daily basis
- Provide financial information for business analysis and auditing when needed.
Education
CMA -
Institute of Cost and Works Accountants of India
Master of Commerce -
Carlorx Teacher's University
06.2015 - 07.2017
Bachelor of Commerce -
Mahatma Gandhi University
Seminar - UCP 600
Attended Seminar On Incoterm 2020
04.2001 - 04.2000
UCP 600, ISBP -
Seminar
Skills
SAP, Oracle, HMIS, Beams, Canias, Tally
MS Outlook Express, MS Excel, MS Word, Power point
Typing
Certified computer training from ICWAI
Result Oriented & Good Analytical SkillsStrong verbal & written communication and interpersonal skillsExcellent administrative & coordinating skillsGood Leadership qualities & responsible behaviourTeam Player
Excellent communication skills
Confidence and persistence
Good numeracy skills
Credit and collections
Additional Information
Date of Birth : 29-April-1982
Gender : Female
Nationality : Indian
Languages Known : English, Hindi, and Malayalam
Driving License : Unite Arab Emirates and India
I hereby declare that the statements stated above are true and correct to the best of my knowledge and belief and I assure my true and honest services.
Sheffy Paul
United Arab Emirates
+971543487756
Timeline
Sr. Accountant and Credit Controller
Magna Tyres, Ras Al Khaimah
04.2022 - Current
Master of Commerce -
Carlorx Teacher's University
06.2015 - 07.2017
Cost Accountant
Life Line Silk Screen LLC
12.2014 - 01.2022
Cost Accountant
Elite Extrusion LLC
02.2013 - 10.2014
Senior Accountant
EMSTAR LLC
06.2008 - 12.2012
Senior Associate
Source Partners International
12.2005 - 04.2008
Seminar - UCP 600
Attended Seminar On Incoterm 2020
04.2001 - 04.2000
CMA -
Institute of Cost and Works Accountants of India
Bachelor of Commerce -
Mahatma Gandhi University
UCP 600, ISBP -
Seminar