Tariq Latif

· Shared accountability for achieving annual Business Plan targets, Financial KPIs, and revenue management.

· Conducted market research to provide pricing, promotion, and competitive insights.

· Analyzed customer behaviors, purchase patterns, and feedback to optimize revenue and enhance customer retention.

· Led business performance management, including Risk & Opportunity assessments for P&L, balance sheet, and cash flow.

· Executed Period End Closing tasks meticulously, ensuring timely and accurate results alignment.

· Drove process refinement to enhance operational efficiency and quality.

· Spearheaded digital transformation initiatives, introducing automation and BI reporting.

· Ensured governance and compliance with company policies, conducting biannual risk assessments.

· Supervised the reconciliation of Accounts Receivable (AR) totaling approximately US$ 12MM.

· Managed relationships with suppliers, banks, and collection agencies.

· Collaborated closely with sales team to proactively address overdue amounts.

· Provided financial and commercial support, including presenting performance results and budget variances.

· Delivered training and development courses to foster continuous improvement.

· Led a team of finance professionals, ensuring alignment with organizational objectives.

· Chaired structured contract and business reviews to enhance communication and implement best practices.

· Orchestrated successful implementation of UAE VAT.

· Established and chaired the Procurement Committee to institute transparent and cost- effective procurement processes. Identified and qualified new suppliers to expand the company's supplier base.

· Negotiated and managed contracts with suppliers to secure favorable terms.

· Managed the procurement process for all goods and services required by the company.

· Ensured timely delivery of products at the best possible prices.

· Built and maintained strong relationships with key suppliers to foster collaboration.

· Monitored and managed procurement costs to optimize expenses.

· Identified and mitigated procurement risks to ensure uninterrupted operations.

· Managed the procurement team and delegated tasks effectively to achieve objectives.

• Shared accountability for achieving annual Business Plan targets, Financial KPIs, and revenue & AR management with key responsibility to lead OTC team of 9 members.
• Led and ensure daily accurate application of Approx. 200 payment collection against invoices and reconciliation of collection with system reports and bank deposits.
• Supervised banks recons for 5 accounts for 5 different regions
• Led business performance management, including Risk & Opportunity assessments for P&L, balance sheet, and cash flow.
• Executed Period End Closing tasks meticulously, ensuring timely and accurate results alignment ensuring completeness and accuracy of AR, Bank balance and Provision for bad debts.
• Drove process refinement to enhance operational efficiency and quality.
• Spearheaded digital transformation initiatives, introducing automation and BI reporting.

a) Implementation of newspage and Hand Held Terminal (HHT) Retail Solution to directly apply cash against invoices at the point of collection.

b) Led the project team for smart cash deposit Machines to save time and to eliminate the cash stolen incident from cash safe.

• Ensured governance and compliance with company policies, conducting biannual risk assessments to incorporate new controls and remove outdate check points after transformation/enhancements.
• Supervised reconciliation of Accounts Receivable (AR) totaling approximately AED 50MM.
• Managed relationships with customers and collection agencies.
• Collaborated closely with sales team to proactively address overdue amounts.
• Provided financial and commercial support, including presenting performance results and budget variances.
• Led share service center project including, knowledge transfer, training for shared service new team member, drafting of processes, SLAs and handover of work to share service team.
• Chaired structured contract and business reviews to enhance communication and implement best practices.
• Orchestrated successful implementation of UAE VAT.

• Shared accountability for achieving annual Business Plan targets, Financial KPIs, and revenue management
• Conducted market research to provide pricing, promotion, and competitive insights
• Analyzed customer behaviors, purchase patterns, and feedback to optimize revenue and enhance customer retention
• Led business performance management, including Risk & Opportunity assessments for P&L, balance sheet, and cash flow
• Executed Period End Closing tasks meticulously, ensuring timely and accurate results alignment
• Drove process refinement to enhance operational efficiency and quality
• Spearheaded digital transformation initiatives, introducing automation and BI reporting
• Ensured governance and compliance with company policies, conducting biannual risk assessments
• Supervised reconciliation of Accounts Receivable (AR) totaling approximately US$ 12MM
• Managed relationships with suppliers, banks, and collection agencies
• Collaborated closely with sales team to proactively address overdue amounts
• Provided financial and commercial support, including presenting performance results and budget variances
• Delivered training and development courses to foster continuous improvement
• Led team of finance professionals, ensuring alignment with organizational objectives
• Chaired structured contract and business reviews to enhance communication and implement best practices
• Orchestrated successful implementation of UAE VAT
• Established and chaired Procurement Committee to institute transparent and cost- effective procurement processes
• Identified and qualified new suppliers to expand company's supplier base
• Negotiated and managed contracts with suppliers to secure favorable terms
• Managed procurement process for all goods and services required by company
• Ensured timely delivery of products at best possible prices
• Built and maintained strong relationships with key suppliers to foster collaboration
• Monitored and managed procurement costs to optimize expenses
• Identified and mitigated procurement risks to ensure uninterrupted operations
• Managed procurement team and delegated tasks effectively to achieve objectives
• Shared accountability for achieving annual Business Plan targets, Financial KPIs, and revenue & AR management with key responsibility to lead OTC team of 9 members
• Led and ensure daily accurate application of Approx.
• 200 payment collection against invoices and reconciliation of collection with system reports and bank deposits
• Supervised banks recons for 5 accounts for 5 different regions
• Led business performance management, including Risk & Opportunity assessments for P&L, balance sheet, and cash flow
• Executed Period End Closing tasks meticulously, ensuring timely and accurate results alignment ensuring completeness and accuracy of AR, Bank balance and Provision for bad debts
• Drove process refinement to enhance operational efficiency and quality
• Spearheaded digital transformation initiatives, introducing automation and BI reporting
• Implementation of newspage and Hand Held Terminal (HHT) Retail Solution to directly apply cash against invoices at point of collection
• Led project team for smart cash deposit Machines to save time and to eliminate cash stolen incident from cash safe
• Ensured governance and compliance with company policies, conducting biannual risk assessments to incorporate new controls and remove outdate check points after transformation/enhancements
• Supervised reconciliation of Accounts Receivable (AR) totaling approximately AED 50MM
• Managed relationships with customers and collection agencies
• Collaborated closely with sales team to proactively address overdue amounts
• Provided financial and commercial support, including presenting performance results and budget variances
• Led share service center project including, knowledge transfer, training for shared service new team member, drafting of processes, SLAs and handover of work to share service team
• Chaired structured contract and business reviews to enhance communication and implement best practices
• Orchestrated successful implementation of UAE VAT
• Led and supervised dedicated Credit Control team, ensuring efficiency and compliance
• Prepared and monitored Accounts Receivable (AR) budget, closely tracking financial performance
• Implemented and refined departmental policies, processes, and procedures
• Oversaw day-to-day operations of AR team, delivering exceptional results
• Developed and formulated company's comprehensive credit policy
• Proficiently prepared journal entries and credit notes, assisting with month-end financial closings
• Conducted data analysis and generated insightful reports on Aged Debtors
• Optimized debt collection strategies, reducing outstanding debts
• Managed write-offs, bad debt provisions, and strategic payment plans
• Ensured legal compliance and prepared statements of claims for liquidators
• Collaborated with the broader accounts team to maintain synergy across all financial functions
• Continuously reviewed and refined processes, reducing debtor days and improving efficiency
• Facilitated and chaired the monthly credit committee meeting, devising effective credit management strategies
• Led and supervised a dedicated Credit Control team, ensuring efficiency and compliance
• Directly reporting 2 members and dotted line reporting 3 team member
• Managed the Cash application and reconciliation of top 20 customers
• Managed the Intercompany Receivable between 7 entities
• Prepared and monitored the Accounts Receivable (AR) budget, closely tracking financial performance
• Implemented and refined departmental policies, processes, and procedures
• Oversaw day-to-day operations of the AR team, delivering exceptional results
• Developed and formulated the company's comprehensive credit policy
• Proficiently prepared journal entries and credit notes, assisting with month-end financial closings
• Conducted data analysis and generated insightful reports on Aged Debtors and DSO
• Optimized debt collection strategies, reducing outstanding debts
• Managed write-offs, bad debt provisions, and strategic payment plans
• Collaborated with the broader accounts team to maintain synergy across all financial functions
• Continuously reviewed and refined processes, reducing debtor days and improving efficiency
• Facilitated and chaired the monthly credit committee meeting, devising effective credit management strategies.
• Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.
• Devised collection recovery strategies to resolve customer issues and delinquent cases.
• Kept all operations compliant with applicable regulations and established company policies.
• Optimized credit approval and collection processes, improving operational efficiencies by over 13%.
• Reviewed customer accounts for compliance with repayment obligations.
• Analyzed applicants' financial status and credit and property evaluations to determine Credit limit and term.
• Performed checks of customer creditworthiness and current situations.
• Performed semi-annual account credit limit reviews and credit increase review requests from financial service and sales teams.
• Reached out to customers to check on payments and convey options.
• Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.

• Assisted in financial planning, budgeting, and forecasting processes
• Conducted financial analysis to support pricing decisions and identify cost-saving opportunities
• Prepared and maintained financial records, including profit and loss statements and balance sheets
• Collaborated with cross-functional teams to streamline inventory management and distribution processes
• Assisted in preparation of financial reports and presentations for senior management
• Contributed to development of financial policies and procedures
• Led and supervised team of order-to-cash professionals, ensuring optimal performance and alignment with organizational objectives
• Directly reporting 10 team members handling 3 different regions
• Managed entire order-to-cash process, from order entry to cash collection, optimizing efficiency and accuracy
• Accounts receivable of SAR 35MM
• Reviewed daily cash collection and application recons
• Ensure timely and acute bank recons for of 6 banks accounts
• 3 account with Saudi National Bank and 3 accounts with Saudi Awwal Bank (SAB)
• Collaborated with cross-functional teams to streamline order processing, reducing lead times and enhancing customer satisfaction
• Implemented best practices in order management, credit control, invoicing, and collections, resulting in improved cash flow and improve DSO
• Timely providing details of overdue invoices to stakeholders
• Monthly sharing of customer recons with Customers to resolve any disputes
• Conducted regular performance reviews and provided ongoing training and development to team members
• Monitored and managed key performance indicators (KPIs) to track team performance and identify areas for improvement
• Created reports, dashboards, and KPIs to track and communicate team's performance to management and stakeholders
• Ensured compliance with company policies and procedures, conducting periodic risk assessments and updating processes accordingly
• Collaborated with IT teams to identify and implement technology solutions that improved efficiency and data accuracy
• Provided financial and commercial support, including presenting performance results, budget variances, and ad-hoc analyses to senior leadership.
• Created organizational structures to improve accounting and finance functions.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
• Prepared and managed region's budgets to effectively handle operations to achieve annual growth targets.
• Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Managed regular finance tracking for numerous branch offices and regional office expenses.
• Maintained responsive organization with sustained revenue growth through industry forecast monitoring and deliberate financial planning.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.

• Ensure application of daily collection against invoices settled by customers
• Prepared bank reconciliation for region, meticulously ensuring accuracy and alignment with organizational standards
• Generated and compiled detailed monthly reports encompassing sales, collections, Discount and Allowances (D&A), and Inventory reconciliation
• Subsequently, provided these reports to Head Office, offering crucial insights for informed decision-making
• Oversaw and meticulously analyzed region's D&A and marketing expenses against established budget
• This strategic oversight ensured optimal resource utilization and cost-effectiveness
• Prepared customer reconciliation to ensure completeness & accuracy of cash application and balance matched with customer
• Conducted thorough route audits, compiling comprehensive reports that stood as testament to attention to detail
• Coordinating confirmations with third-party entities, consistently upheld rigorous standards of accuracy and compliance.

• Fixed Assets Management: Utilizing Oracle-based computerized fixed assets system, have adeptly managed and maintained fixed assets register. Through precise monitoring, ensure that balance sheet accurately reflects schedules for additions, deletions, and depreciation.
• Payroll Excellence: I have expertly overseen preparation and processing of monthly payroll, meticulously adhering to established protocols to ensure accuracy and timely compensation for employees.
• Employee Dues Management: With keen eye for detail, I have thoroughly processed final settlement dues for departing employees. This meticulous approach guarantees precision and timeliness in settlement process.