About Mohammad Imran

  • Academic Level Master’s Degree
  • Age 38 - 42 Years
  • Salary 1850
  • Gender Male
  • Industry Finance

Education

Experience

  • 2018 - 2020
    Sanipex Group

    Group Credit Controller

    Implemented result-oriented recovery plans to manage delinquency within pre-set norms for achieving organisational objectives and ensuring profitability Set out quality standards for various operational areas and ensured a high-quality customer experience while adhering to SLAs & work processes Assessed the risk on new accounts by way of the credit information provided/reading financial accounts and monitored all the stages of arranging credit facilities, payments and debt recovery Offered confirmation on whether or not to offer credit to the debtors Attended weekly credit control meetings with assigned partners, including review of AR lock-up and outstanding debt, agreeing chase actions and next steps inline with agreed AR monthly targets Ensured that all the invoices to be generated & delivered on time Analyzed the issues due to which the payments are getting delayed Initiated legal action against defaulters/bounced cheques Interacted & visited the customers on regular basis for AR related tasks (Payments,bounced cheques issues and checked their premises and business) Conducted credit checks and approved sales orders on daily basis; handled bounced cheques- follow ups/ police cases and legal cases Issued customer sales adjustments according to business standards / agreements and validated that adjustments meet internal control compliance by insuring that legal, financial and auditing requirements are met Mapped payment term agreements of our customers, analyzed customer payment behavior against those terms and recommended to the business and extension / modification to the terms to optimize cash flow Responsible for reducing credit risk and accounts receivable delinquency Generated statements and running age debt reports; prepared Forecast & Collection Report Ensured maintenance of up-to-date billing & payment receipts system for transactions; ensured achievement of monthly and annual collection target by motivating the team Supported internal and external auditor activities by facilitating audit reviews, providing documents Regularly coordinated with Sales team (Project,Retail & trade) for the collection of overdue / long outstanding accounts Reviewed LC & negotiated for payment terms,arranged to prepared bill of exchange,regularly checked with bank for discrepancy & maturity date,applied for credit insurance,followed up for claims,submitted overdue report to insurance Negotiated repayment plans,provided Bank guarantees against AP/PB Proactively managed and collected debts in a timely manner Analyzed customer account details for non-payments and other irregularities; managed customer account reconciliations in order to deliver accurate financial statements for the customer Reviewed the validity of the legal documents such as contract, trade license,ID, Passport copy and VAT certificates and arranged to requesting for the renewed documents when they expire Blocked default customers in the system; resolved customer queries, complaint and issues promptly Handled Post Dated Cheques and ensuring their timely realization; adjusted payment received “on account”, Monitored the cash application and unapplied receipts Created new accounts in the system Led trade and bank reference checks, arranged to collect payment certificate from clients/consultants Ensured recovery of bank guarantees, negotiated with customer for credit terms/advance payments Rigorously followed up with clients having back to back contract and retention payments

  • 2012 - 2017
    Thyssenkrupp Elevator U.A.E

    Regional Credit Controller

    Successfully recovered AED 80 Million old debts (360-720) through follow-ups & meetings with clients Awarded with “Best Performance of the Year” Restructured the credit and collection process with successful implementation of the credit policy and formulating clear performance metrics for collection Instrumnetal in offering confirmation on whether or not to offer credit to the debtors Played pivotal role in assessing the risk on new accounts by way of the credit information provided/reading financial accounts and monitoring all the stages of arranging credit facilities, payments and debt recovery Instrumental in approving sales order & credit notes; handled bounced cheques- follow ups/ police and legal cases Managed to collect payment certificates and ensured to recover regular and retention payments on time Interfaced & visited with customer’s on regular basis for AR related tasks Significantly recovered bank guarantees, led reconciliations of customers’ accounts on regular basis and negotiated with customer for payment plan Networked with multiple departments to address and correct billing errors, ensured invoices correctly aligned with customer purchase orders for billing and collections purposes Effectively created & maintained customer files with signed credit applications for all credit, collection, legal, and handled client relations Ensured the delivery of service reports, handing over certificate etc. on time, liaised with internal staff for resolution of issues in a timely manner Provided assistance on bank reconciliation and corrected long-standing issues with aged receivables and collections Reduced past due balances and bad debt by coordinating collection efforts with Sales and Billing Departments to quickly resolve disputes and advance payments Significantly reduced bad debt exposure and days sales outstanding in alignment with company goals Identified & reported on all negative events and early signals of potentially problematic accounts / relationships

  • 2008 - 2012
    Al Sayegh Brothers -LG

    Credit Controller

    Reduced overdue instances in key accounts by AED 7.5 Million old debts (360-720 days); reduced the legal cost Evaluated over / underpayment; initiated return of overpayments and issuing letter requests / inquiries to customers with underpayments or those with unauthorized deductions; took legal action against bad debts Analyzed customer account details for non-payments, delayed payments and other irregularities; managed customer account reconciliations in order to deliver accurate financial statements for the customer Proficient in releasing sales order, following up with insurance for credit approval, offering confirmation on whether to offer credit to the debtors Effectively interfaced with customer on collection matters and resolution dispute

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