Ammar Ahmad
Lahore,PB
Summary
Talented Credit Controller successful at establishing and directing effective credit policies to reduce debt and increase compliance. Prepared to leverage 13+ years' experience in dynamic position with room for growth and advancement. Pragmatic and objective team player. Comfortable in resolving conflict and maintaining good inter departmental relations while explaining company or department position. Possessing a significant record of achievement in account management and able to quickly understand the mission, vision and values of an organization.
Overview
15
15
years of professional experience
Work History
Manager Receivables & Credit Controller
Sunridge Foods (Pvt.) Limited (A subsidiary of Unity Foods Limited)
03.2023 - Current
- Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground
- To review credit checks of credit customers and managing their credit limits and days
- Weekly meeting with Key Account Manager for IMT/LMT reconciliation and strong follow up of pending invoices
- Checking all receipts posted in SAP daily and their onward reconciliation with bank on weekly basis
- Verification and posting of all types of distributor claims
- Responsible for updating price lists in SAP
- Daily Report on sales and Collection
- Prepare reports and analysis especially from Sales Flo pro as assigned by Head of Finance
- Verify all types of claims from distributors and key accounts
- Analyze and provide insights on different cost heads of selling & distribution function.
- Optimized credit approval and collection processes, improving operational efficiencies by over 40%.
- Reviewed customer accounts for compliance with repayment obligations.
Assistant Manager Receivables
Pakistan Fruit Juice Company (Hico Ice Cream)
07.2022 - 03.2023
- Manage & supervise cashiers at all depots
- Closely coordinate with sales for credit customer's receivables/ collections and perform regular ledger reconciliations with all key accounts
- Follow up directly with finance and buying departments of these key accounts to recover overdue amounts
- Ensure that there is system in place for achieving credit customer receiving and submitting sales tax invoices with required supporting to their head offices for payments
- Prepare reports and analysis especially from SnD pro as assigned by Head of Finance
- Verify all types of claims from retailers and key accounts
- Analyze and provide insights on different cost heads of selling & distribution function
- Conduct monthly review meetings with sales on selling and distribution expense along with comparison with budget
- Check compliance with policies & procedures for sales operation
- Any other task assigned by Head of Finance.
Executive Accounts Receivables
Rupali Foods (Private) Limited
06.2018 - 09.2020
- Manage customer master data and preparation of final settlements of distributors
- To review credit checks of credit customers and managing their credit limits and days
- Weekly meeting with Key Account Manager for IMT/LMT reconciliation and strong follow up of pending invoices
- Verification and posting of all types of distributor claims
- Responsible for updating price lists in SAP
- Daily Report on sales and Collection
- Verification of transportation, logistics & marketing bills
- Prepare reports regarding sales/logistics/distribution as assigned by CFO/Manager Finance
- Preparation of profitability analysis at regional and distributor level
- Verification of field force team expenses
- Prepare customized reports related to commercial finance function as assigned
Accounts & Finance Manager
MBI Private Limited (A subsidiary of Berger Paints Pakistan)
07.2016 - 06.2018
- Responsible for expense reporting, controlling & CAPEX Management
- Responsible for General Ledger data controlling & reconciliations with subsidiary ledgers and reports development in oracle financials
- Responsible for Inventory Management, Financial Reporting, Budgeting, Forecasting, Receivables and Payables section of company
- Checking of Bank Reconciliation Statements of all CMD & Imprest Accounts of company
- Ensuring subsidiary accounts are reconciled with control account and responsible of period open/ close on monthly basis
- Responsible of Internal/ External Audit of Accounts Department.
Accounts Receivable Officer & Credit Controller
BERGER Paints Pakistan Limited
08.2013 - 06.2016
- Implementing and evaluating the company credit policies in order to minimize risk
- To review credit checks of all customers and managing their credit limits and days
- Checking of Bank Reconciliation Statements of all CMD Accounts of company
- Ensuring Invoices are being made on correct price and on-invoice discount given to each customer is according to agreed terms and conditions
- Follow up with the sales heads in order to achieve business line wise sales and collection target
- Ensuring off-invoice discount given on each product is according to company SOP
- Ensuring subsidiary accounts are reconciled with control account and responsible of period open/ close on monthly basis
- Responsible of Internal/ External Audit of Receivable Department.
Accounts Officer
Army Welfare Trust
12.2009 - 04.2013
- To ensure accounts are maintained as per Company's SOP
- Preparation of budget as per given format under supervision of RM
- To ensure that inter region current accounts are reconciled through Debit/Credit Notes issued to/by different regions/HO and they are properly recorded into the accounts
- Coordination with Base Managers regarding Financial Matters
- To ensure that revenue is correctly charged to clients and posted into the books of accounts
- Checking and countersigning daily Bank Payment vouchers, Journal Vouchers, Bank Receipt Vouchers and ensuring their correct posting to ledgers/Computerized accounting software
- Timely checking/ vetting of salary sheets for Officers/Staff/technical staff on monthly basis
- Checking/vetting of Weekly Tax Report
- Preparation of Bank Reconciliation Statement on monthly basis
- Updating RM about funds position of bank accounts, recovery of receivable and decisions about payment of due bills
- Assist Internal/External Auditors to conduct audit and providing required books of accounts and documents
- To provide necessary reports/ monthly financials to Askari Group Limited Head Office as and when required with relevant schedules/ records
- Any other task assigned by the management from time to time
Education
MBA - Finance
Hailey College of Banking & Finance, University of The Punjab
Lahore, PunjabBBA - Banking & Finance
Hailey College of Banking & Finance, University of The Punjab
Lahore, PunjabSkills
- Competent in operating SAP S4 Hana
- Competent in operating SAP Business B1 (Finance, Logistics, Sales)
- Competent in operating Oracle R-12 E-Business Suite Financials (Receivables, Cash Management, General Ledger)
- Competent in operating QuickBooks Online
- Peachtree
- MS Office
- Team Leadership
- Staff Management
- Performance Evaluations
- Time Management
- Verbal and written communication
- Staff Development
Languages
Urddu
Native language
English
Advanced
C1
Arabic
Elementary
A2
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Manager Receivables & Credit Controller
Sunridge Foods (Pvt.) Limited (A subsidiary of Unity Foods Limited)
03.2023 - Current
Assistant Manager Receivables
Pakistan Fruit Juice Company (Hico Ice Cream)
07.2022 - 03.2023
Executive Accounts Receivables
Rupali Foods (Private) Limited
06.2018 - 09.2020
Accounts & Finance Manager
MBI Private Limited (A subsidiary of Berger Paints Pakistan)
07.2016 - 06.2018
Accounts Receivable Officer & Credit Controller
BERGER Paints Pakistan Limited
08.2013 - 06.2016
Accounts Officer
Army Welfare Trust
12.2009 - 04.2013
MBA - Finance
Hailey College of Banking & Finance, University of The Punjab
BBA - Banking & Finance
Hailey College of Banking & Finance, University of The Punjab
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