Accounts Receivable Customer

AHMED Z. MAHMOUD

**********@*****.***

** ****** ****** **** 973-***-****

Clifton, New Jersey 07012 Home 973-***-****

EXPERIENCE

Kamson Corporation (Real Estate- Management-Investments)

Senior Accounts Receivable Specialist July 2016 – May 2017

Verifying financial transactions

Record all payment input into IBS or MRI through the lockbox transmission

Maintain MRI records for tenant securities

Receives and reviews invoices for discrepancies from vendors

Customer debt collections

Reconciliation of revenue accounts

Monthly reporting of collector performance

Enter all voided checks into Excel

Post batches to MRI

Daily balancing of Excel cash sheets to IBS balances

SGS North America (SGS is the world’s leading inspection, verification, testing and certification company)

Accounts Payable/Receivable Administrator October 2014- April 2016

Received and reviewed invoices from vendors

Reviewing A/R accounts for status for both US and Canada

Ensured the timely mailing of all expense and merchandise checks

Reconciled accounts and reviewed statements

Produced statement letters to be sent on a monthly basis with statement for customers

Adhered to Sox compliance and PO policies

Served as liaison to banks and collection agency

Reviewed merchandise pending to be shipped that were held by credit list on a weekly basis, to approve orders in warehouse for shipping

Assisted with processing of credit card payments

Reviewed customer applications and ran D&B reports

Contacted customers that were past due and negotiated payment plans when necessary

Processed electronic routing of invoices for approval

Reviewed Accounts Payable disbursements: checks, wire transfers and ACH payments prior to submission

Reviewed and approved all items submitted for payment and processed by AP staff

Ensured auditor expenses were processed in a timely manner and in accordance with established procedures and processes

Expedited RUSH requests for job postings

Audited Employee Expense reimbursements

Konica Minolta Business (Japanese Technology Company manufacturing business and industrial imaging products)

Assistant Credit Specialist March 2014- October 2014

Processed Order release; reviewed customer account status and abided by policy to release customer orders which shipped and generated an invoice to the customer

Researched validity of customer deductions with related inter-department for credit to be issued. If chargeback was invalid, organized a collection from the customer for repayment

Account offset of credit / un-account funds against invoice / chargeback’s

Created weekly reporting to inter-departments / top management for orders on hold, aging, and problem accounts. Monthly reporting of collector performance

Assisted in the month-end close process, including reconciliations of A/R and related accruals

Oversaw the daily processing of customer claims / credit memos to ensure compliance with customer agreements

CCA Industries, Inc. (Manufacturer and Marketer for Health and Beauty Aid Products)

Accounts Receivable Specialist February 2011- March 2014

Led the credit and collections processes to establish credit limits on new accounts, verify co-op approvals and credit holds, resolve past due accounts, and minimize bad debt

Coordinated the application of customer payments and other transactions in the Receivables system

Defined productivity goals for staff of five; monitored and reported results

Managed the tracking and reconciliation of allowance and rebate agreements

Communicated with customer contacts and internal partners to resolve discrepancies

Optimized cash flow and DSO through effective A/R processes

Assisted in the month-end close process, including reconciliations of A/R and related accruals

Oversaw the daily processing of customer claims / credit memos to ensure compliance with customer agreements

Processed, transmitted and ran credit card transactions for customer sales (via IC VERIFY)

Ensured all new accounts complete proper credit application, and review applicants’ references along with D&B report prior to credit approval

Tracked and investigated deductions (chargebacks) from customer payments

Toshiba America, Inc. (Global Distributor of Consumer Electronics)

Accounts Receivable, Collections and Chargeback’s Supervisor 1983 – January 2011

Researched and processed past due accounts according to collection policy

Applied cash for an average of $2 million per day (Best Buy-Costco)

Managed and set expectations for staff of four

Maintained the files for various customer accounts (including major accounts).

Negotiated with customers for payment of invoices

Processed credit applications, mailed monthly statements, printed, reviewed, and distributed daily aging reports

Reconciled monthly General Ledger A/R balance to the sub-ledger and implement corrective actions and follow up on pending items

Coordinated monthly flooring and cash discount analysis for up to 500 customers

Reviewed and approved offsets of open debits and credits for credit department

Streamlined reconciliations for lockboxes, wire transfers, and live checks received daily

Collaborated in development of automated cash postings to sub-ledger, inclusive of testing, troubleshooting and feedback

Posted daily batches of A/R collections to cash receipts/sub-ledger system from lock boxes, wire transfer and Non A/R

EDUCATION

Tanta University- Cairo, Egypt (Bachelor of Commerce)

Major in Accounting, Minor in Business Administration

SKILLS

SAP, ORACLE, JD Edwards G/L Software, AS 400, MRI, IBS, Lotus Notes, Microsoft Office Products, Proficient in Reading/Writing/Speaking Arabic

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