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Credit Manager

Location:
Dubai, DU, United Arab Emirates
Salary:
20,000 AED
Posted:
November 14, 2017

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Resume:

Curriculum vitae

Personal& Contact

Information

Name

Rabih Bou Daher

Nationality

LEBANESE

Marital Status

Married

Date Of Birth

**-***-****

Address

DUBAI – UAE

Telephone

Mobile 1 : 009**-**-***-****

E-mail Address

ac3a85@r.postjobfree.com

Personal Statement

A dedicated team leader and highly motivated individual with very strong communication and organization skills for more than 11 years experience in

Credit management, AP, Finance operation and reporting in multinational companies with ability to work under pressure to meet deadlines and company goals.

Obtained degrees

2002 - 2005

BA in Accounting, catalog term from Beirut Arab University (BAU) Faculty of commerce.

Recently started CPA to develop my career.

2000 - 2001

Lebanese Baccalaureate: Economy and Sociology.

Languages

Mother tongue

Arabic

Other languages

English French

• Reading skills

Fluent Good

• Writing skills

Fluent Good

• Spoken skills

Fluent Good

Technical Competencies

Good Knowledge of all kinds of MS-office programs (Word-Excel – Access) and Microsoft Windows.

Good Knowledge and experience in the Area of Accounting cycle and related operations: SAP- Synergy -Fidelio – Premia - and professional in OPERA Program Accounting (Oracle).

Working Experience

& Training

May 2015 till Present

Emirates RE (DIFC)

Dubai International Financial Center

(DIFC)

Dubai –UAE

MAY 2011 till MAY 2015

Zurich Insurance Company

Regional HUB Office

Dubai International Financial Center

(DIFC)

Dubai –UAE

00971 -4-364 7325

As Senior Credit Manager (Manage from A to Z : AR, AP, Cash flow Management ):

* Managing the credit management / payable function and responsible of managing the overall accounts function including approving payments and receipts.

* Leading and motivating the credit control team (AR / AP) in order to achieve monthly collections targets and ensure payments (Claims, Reinsurance, commissions…) are settled to clients / brokers on time.

* Ensuring compliance with policies and practices across the Region.

* Monthly reconciling of clients SOA's, review month close journals to ensure that they are accurate in line with accounting treatments and complete

* Coordination with external and Internal Auditors on all finance matters.

* Speed up of collection process and reducing the DSO of the company.

* Monitor all overdue AR and bad debt provision to minimize Credit risk and ensure that the Credit Control / Claims / Technical accounting Policies and guidelines are adhered at all times.

* Design monthly collection objective/ strategies and closely follow up on AR aging report and negotiate settlement where required.

* Ensure compliance with FAS for premiums and understanding non-life reserving methodology.

* Provide Management and board with a professional financial reports: Aged debt, cash flow forecast and revenue reports with monthly plans and achievements for the top problematic accounts.

Top achievements within 6 months time:

1) Managed receivables portfolio of $ 15M, reduced 86% of over 1 year and 53% of 6 months aged balance.

2) Decrease unallocated cash in the system by 95%

3) Increase cash collection by 37% and company revenues by 25% (compared to 2014)

4) Create / Formulate O2Cash and credit management policy and Credit Risk Assessment Manual and cash flow reports.

3) Change the working environment from no-communications / no-coordination to communication and coordination comes first within claims / technical / UW and finance departments.

4) Educate the team with certain managerial and soft skills (time management, tasks prioritizing…)

5) Build / rebuild a very strong relationship with the clients and sorting all historical issues.

6) Ensure no client / broker complaints on any claim payment, or any other finance matters.

7) Introduced a new formal reporting timetable and checklist. This document is relied upon as a key month end closing.

As a Credit Control Manager - Regional HUB (MEA & Global corporate):

* Managing from A to Z GC (Global Corporate - DIFC) Receivables portfolio of $55M (Reinsurance business) with around 115 brokers.

* Managing from A T Z Qatar portfolio of $15M and Lebanon portfolio of $7M (Direct Business).

* Provide Regional office in Switzerland and CFO with the AR presentation and aged report with monthly progresses on each broker / client.

* Manage Receivables team on each country by checking that all the information, statements of accounts /letters are 100% accuracy and appropriateness before sending with the continues follow up.

* Facilitate a high level of cash flow and minimize levels of overdue debts.

* Ensure that payments and receipts are correctly allocated to the appropriate accounts and invoices.

* Coordinate with the underwriters / BDM’s / claims to answer all queries and enquiries from the clients / brokers to get payments on time.

* Ensuring compliance with policies and practices across the Region.

* Coordination with external and Internal Auditors.

* Ensure compliance with FAS for premiums and understanding non-life reserving methodology.

* Build / rebuild a very strong relationship with the clients and sorting all historical issues.

Top Achievements:

1) Managed and maintain receivable portfolio of $55M, reduced 67% of over 1 year and 51% of 6 months aged balance.

2) Achieve all the time the monthly aging bracket target for GC set up by the regional head office in Switzerland which is :

90 to 180 days 5% (of total AR balance)

180 to 365 days 2% (of total AR balance)

over 365 days 0% (of total AR balance)

Note: For my past 4 years in Zurich, the above targets has been fully met all time.

3) Decreased unallocated cash in the system by 100% and maintain current unallocated cash to be less than 1% and not more than 30 days.

4) Increase cash collection by 30%.

5) Reduce clients / brokers complaints by 80 % and respond to their request on time.

2008 till 2011

America International Group (AIG)

ALICO - Insurance

HUB Office - DAFZA

Dubai-UAE

JAN 2007- Till NOV 2008

Fairmont Hotel ( Dubai )

Dubai - Sheikh Zayed Road

Tel: 009**-*-***-****

As an Assistant Receivables Manager for MEA Operation:

Responsible for more than 4 GCC branches in AR and claims payments & Reporting.

And :

* Monthly Receivable report to be reported to the regional office in the US.

* Bank reconciliations / month end closing.

* Controlling branches in Receivables / claims payment/ accounting.

* Managing the collection and payables team on each country on day to day basis.

Top Achievements:

* Achieve receivables target & collection targets set up by the regional office

which is :

90 to 180 days 4% (of total AR balance)

180 to 365 days 1% (of total AR balance)

over 365 days 0% (of total AR balance)

Note: For my past 2.5 years in AIG, the above targets has been fully met all time, in addition Qatar, Lebanon, Oman has exceeded the target and was one of the best collection results in the MEA which I have received a special appreciation on 2010 for the yearly performance bonus.

As a GOVERNMENT SPECIALIST – Receivables (Credit Officer)

* Responsible for Government accounts receivables from A to Z.

* Prepare invoices on time and send it to all debtors

* Follow up on payments, collection, reconciliations.

2006-2007

Fawaz Bross Company

(accounting,consultancy, audit)

Hamra Square

Beirut Lebanon

009**-*-******

2005-2006

Moustache Co.

Beirut - Lebanon

As Payables & Receivables coordinator

* Collection Follow ups and reconciliation.

* GL Accounting entries.

* Prepare and Post payments / Receipt vouchers.

As an executive sales for 1 year

Career objective

To be a part of a competitive and challenging work environment that contributes to professional growth as well as organizational success. To add on to my current technical knowledge and experience so as to better contribute to the achievement of the organization’s goals.

Skills

Expert in Team management

Expert in Ms. Office, Oracle, SAP and Synergy system.

Expert in Creating and implementing the credit control / Finance operation guidelines.

Excellent communication skills, Ability to plan / organize and reliably complete projects with no supervision.

Committed team player with strong problem solving and organizational skills.

Enthusiastic and work dedicated, serious and punctual in my tasks and duties.

Hobbies

Chess (professional player).

Billiard and snooker (Asia ranked player)

Volley ball & Reading

References

Available upon request.



Contact this candidate