Mohamed Ahmed Zaki
Senior AR & Credit Manager
Jeddah,Maskkah
Summary
Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Highly-qualified Credit Manager driven to minimize risk while capitalizing on opportunities to accomplish bank objectives in sales, customer growth and bottom line profitability.
Overview
17
17
years of professional experience
4
4
years of post-secondary education
6
6
Certifications
Work History
Senior AR & Credit Control Manager
Basamh Trading Company
Jeddah, Makkah
02.2021 - Current
- Enhanced cash flow through timely collection of accounts receivable and diligent tracking of delinquent accounts
- Conducted periodic reviews of existing customers'' credit limits, adjusting as needed based on updated information or risk factors
- Reduced bad debt write-offs through proactively identifying high-risk accounts and implementing preventive measures
- Reduced outstanding debts with consistent follow-ups and negotiation skills, fostering strong client relationships
- Led initiatives focused on continuous process improvement within department which ultimately led to cost savings for organization
- Implemented customized credit terms tailored to unique client situations, balancing business needs with risk mitigation efforts
- Improved credit control processes by implementing effective risk assessment strategies and monitoring procedures
- Collaborated with sales teams to assess potential clients'' creditworthiness, promoting responsible lending practices
- Maintained accurate financial records, ensuring compliance with internal policies and external regulations
- Established clear performance metrics for team that drove accountability, resulting in increased team productivity
- Provided exceptional customer service while enforcing company's credit policies tactfully handling sensitive issues as arose
- Coordinated cross-departmental communication regarding account status updates, ensuring prompt resolution of discrepancies or disputes
- Managed team of credit controllers to maximize productivity and achieve departmental goals
- Enhanced cash flow through timely collection of accounts receivable and diligent tracking of delinquent accounts.
- Reduced bad debt write-offs through proactively identifying high-risk accounts and implementing preventive measures.
- Reduced outstanding debts with consistent follow-ups and negotiation skills, fostering strong client relationships.
- Collaborated with sales teams to assess potential clients'' creditworthiness, promoting responsible lending practices.
- Proactively identified and addressed potential credit risks, mitigating financial losses while ensuring business growth.
Credit Control Assistant Manager
Sunbulah Group
Jeddah
11.2016 - 01.2021
- Streamlined credit approval process through effective communication with sales team and management
- Managed portfolio of high-risk accounts, implementing proactive measures to minimize losses from delinquent payments
- Utilized advanced software tools for tracking and reporting account receivables data, increasing work efficiency
- Provided training and guidance to junior team members, fostering collaborative and supportive work environment
- Conducted regular account reconciliations to identify potential issues early, minimizing need for escalated collections actions
- Worked closely with internal legal counsel during litigation proceedings involving defaulted accounts
- Supported month-end closing activities, ensuring all accounting entries were accurately recorded within deadlines
- Facilitated smooth handover of delinquent accounts to external collection agencies when necessary
- Maintained up-to-date knowledge of industry best practices and regulatory changes related to credit control
- Enhanced cash flow by managing overdue accounts and implementing effective credit control strategies
Credit Controller
Wared Logistics Company
Jeddah, Makkah
02.2010 - 10.2016
- • customer's credit ratings with banks before approving loan.
- • Generating ageing analysis, review AR aging to ensure compliance.
- • Statements of account to be forwarded to clients each month, updating records when necessary.
- • Established and maintained regular communications with clients to facilitate periodic payments.
- • Resolved all issues raised internally and externally around outstanding invoices.
- • Initiated legal action against debtors who evade or refuse repayment according to terms and conditions.
- • Collections reports.
- • Credit assessment & evaluated new credit requests and reviewed customers' credit rankings with banks.
- Optimized credit approval and collection processes, improving operational efficiencies by over 10%.
Accountant
Mohamed Youssef Naghi Motors
Jeddah, Makkah
09.2007 - 02.2010
- Recorded all daily transactions which include daily cash receipt, internal, and credit invoices at all branches in KSA which belong to service department
- Calculate post-business transactions, process invoices, verify financial data for use in maintaining accounts payable records and provide other clerical support necessary to pay obligations of organization
- Prepare debtor's statement & reconciliation needed for it with quarterly balance confirmation with customers
- Participate in budgeting processes
- Perform variance analysis, financial analysis, and margin analysis
- Review cash disbursement transactions monthly to determine appropriate allocations to general ledger account and distribution to various budget categories
- Apply, and improv policies, procedures, controls, and most methodologies
- Obtain information from other departments to ensure records are accurate and complete and that accounts receivable ledgers and journals are up to date
- Research and resolve account discrepancies.
Education
Some College (No Degree) - Accounting
Mansoura University
Faculty Of Commerce 10.2002 - 05.2006
Skills
Research and due diligence
Negotiation skills
Organizational skills
Financial Analysis
Team management
Debt recovery management
Technical skills: Professional User of Microsoft Office
Credit evaluations
Authorizations knowledge
Research and due diligence
Time Management
Flexible and Adaptable
Certification
Agile leadership, Basamh trading company, 2023
Iqama
Transferable
Children
3
Personal Information
- Date of Birth: 12/6/1985
- Marital Status: Married
Timeline
Senior AR & Credit Control Manager
Basamh Trading Company
02.2021 - Current
Credit Control Assistant Manager
Sunbulah Group
11.2016 - 01.2021
Credit Controller
Wared Logistics Company
02.2010 - 10.2016
Accountant
Mohamed Youssef Naghi Motors
09.2007 - 02.2010
Some College (No Degree) - Accounting
Mansoura University
10.2002 - 05.2006