Mohammad Omar Ismail
Specialist - Credit And Collection
Cairo,Agooza
Summary
Experienced credit assessment and collection management with over 18 years of experience in hospitality and engineering industries . Excellent reputation for resolving problems and improving cash flow in overall organization.
Overview
8
8
years of post-secondary education
18
18
years of professional experience
Work History
Credit & Collection Manager
Alghanim Industries
Kuwait, Kuwait
08.2014 - Current
- Research and evaluate clients’ / contractors creditworthiness for multiple businesses
- Monitoring credit and collection process by managing team of receivable accountants and collectors and online payment suppliers with receivable portfolio of approx. 60m $
- Create credit scoring models to predict risks by monitoring DSO trending for overall and individual customers too
- Approve or reject orders requests, based on credibility and potential revenues and losses
- Negotiate order terms with clients / operation managers if required
- Maintain records of orders or contracts with clients
- Follow up with clients to manage debt settlements , monitor payments and coordinate with collection supervisors
- Ensure all credit orders procedures is comply with regulations
- Develop and review and update company’s credit policies, if required.
- Oversee monthly target setting and achievement performance for collection team and fallowing up major clients directly if required such as royal family members, VIP and government
- Allowing up major clients directly if required such as royal family members, VIP and government
- Adhered to social distancing protocols and wore mask or face shield at all times.
- Complied with internal controls and government regulations.
- Conducted presentations to upper management and executive teams for loan recommendations.
- Improved understanding of financial statements, which helped in assessing risk.
- Made decisions and recommendations about extending lines of credit.
- Minimized accounts receivable collections and reconciled customer billings and statements.
Senior Credit Supervisor
Sheraton Kuwait by Starwood hotels
Kuwait , Kuwait
04.2003 - 08.2014
- Since April 2003 till Aug 2014 working in Sheraton Kuwait Hotel & Towers and Four points by Sheraton Kuwait for 450 rooms Five Star Hotel with 13 F&B outlets, Banqueting and Outside Catering facilities for an average of 1400 guests per day.
- Responsible for maintaining debtors ledger, Regular review of trail balance, Collection calls, Identifying and following upon doubtful accounts.
•Reconcile all credit card charges, rebates, and Customer LC's and bank guarantees.
• Ensure credit applications for all new accounts are completed and approved.
• Post all payments received daily and tracking advance deposits.
• Clear city ledger accounts and Resolve all account queries at month-end.
• Liaise with Convention Services Manager in relation to invoicing of group accounts.
• Handling monthly credit meetings and attending rundown meetings with advice on account set-up or any necessary payment plans.
• Review high balance report daily and follow upon any problems or doubtful accounts.
• Daily review Accounts Receivable ledger, monitor incoming payments.
• Initiate collection action for overdue account’s and prepare for legal action those accounts necessary.
• Reply to customer, companies and ministries queries and send copies of accounts
• Participate in preparation of Strategic Business and Operating Plans.
Education
Bachelor of Commerce -
Cairo University
Cairo 06.1998 - 06.2006
Skills
Teamwork
Timeline
Credit & Collection Manager
Alghanim Industries
08.2014 - Current
Senior Credit Supervisor
Sheraton Kuwait by Starwood hotels
04.2003 - 08.2014
Bachelor of Commerce -
Cairo University
06.1998 - 06.2006
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