Siju Prasad
MOBILE: +971-********* E-MAIL: ac8v7u@r.postjobfree.com ADDRESS: Abu Dhabi, UAE
PROFESSIONAL PROFILE
A focused Management Graduate, specialized in Finance. Possesses close to 8 years of relevant experience, with some of the world’s top leading corporate organizations. Able to balance multiple competing priorities. Confident managing and mitigating risks and issues, while maintaining progress and growth. Maintain key relationships and communicate well with stakeholders across the globe. Extremely vigilant and implement internal controls to ensure adherence to compliance while minimizing risks. Identify new business/market opportunities. Proven leader with excellent skills and a team player. CORE SKILLS
NOTABLE ACCOMPLISHMENTS
During my tenure in ‘Thomson Reuters’; I was given the sole responsibility of handling the, ‘My Account’ project. Effectively worked with our Research & Development, Marketing and Information Technology department to make sure there were absolutely minimum setbacks and maximum breakthrough in the implementation of our new platform. Which would make it easier for clients; especially huge corporates to move online. Had to educate and train a team of 30 members during the whole process and making sure our goal was achieved at the end of the year. Regions covered during this course were (AMERS, EMEA, Australia & New Zealand)
While my time in ‘Al Jassim’; they gave me the opportunity to implement the SOA for the credit controlling department and introduce matrix system, which were missing before. Since certain things align with the policies and procedures I had to closely work with the legal department. Also this required to put in place the delegation of authority. Had to manage & train a team during this course of time.
Latest accomplishment has been with ‘Exova’. Here since we were a testing lab, we had to deal with a lot of physical reports. But since most of our clients have been dealing with us for many years, moving onto electronic reporting meant challenging. This had to be revised in our policies as it’s also important to convince the existing clients and have them resign the contracts. Had to closely work with the Sales heads, Information Technology & Legal. Also another notable thing was introducing to file legal against our debtors; as this required a lot of management convincing and setting up the process. Managed and handled teams across Middle East.
Credit Controlling Ms Office
Bank Reconciliation Reporting
DSO Forecasting Bad Debt Provision
Cash Forecast Root Cause Analysis
Negotiations Supervising
Handling Projects Implementing Matrix System
Siju Prasad
MOBILE: +971-********* E-MAIL: ac8v7u@r.postjobfree.com ADDRESS: Abu Dhabi, UAE PROFESSIONAL EXPERIENCES
EXOVA (Currently known as; Element Materials Technology ) Senior Credit Controller
Period: Mar 2017-Present
Job Description:
Precise attention to details and ability to reconcile complex accounts
Handle average monthly portfolio of (USD 2-3M) and average annual portfolio of (USD 25-30M)
DSO forecasting & calculation
Ensure all company policies and delegation matrix are strictly followed
Credit requests; review and recommend for approval
Review customer credit limit/payment terms and credit history
Ability to establish and maintain good client relationships, both internally & externally at all levels
Handle disputes and negotiate to bring payment within the agreed terms
Hold meetings with corporate leaders/directors when necessary
Providing ad-hoc reporting as and when requested by the management
Assist with the new business opportunities and working with finance and sales managers
Bad debt provision calculation, effectively working on reducing bad debts
Initiate legal action against major debtors, liaise with chamber, attorneys, etc
Weekly meetings to tackle sensitive & major clients
Cash reconciliations, weekly/monthly analysis and reporting
Research and resolve business inquiries
Analyze to ensure FTA policies are followed internally
Process credit notes, intercompany transfers and post foreign currency gains/loss
Propose write off of irrecoverable receivables
Train new employees and ensure training materials/documentations are updated
Responsible for performing special projects to improve process efficiency assigned by management
Contribute to team effort by accomplishing related results as needed Al JASSIM
Senior Credit Controller
Period: Jun 2014-February 2017
Job Description:
Manage business portfolio of around (150-200 clients) on a monthly basis
Worked to strict monthly and annual collection targets (USD 250-300k monthly and USD 3-4M annually)
Client meetings to recover payments and for future business opportunities
Following up with business clients; requesting to settle their accounts and explaining the terms of their credits
Initiating legal proceedings if debts are not paid within the business terms
Reconcile complex accounts and have excellent attention to detail
Develop the Credit Management capability within the practice
Siju Prasad
MOBILE: +971-********* E-MAIL: ac8v7u@r.postjobfree.com ADDRESS: Abu Dhabi, UAE THOMSON REUTERS
Credit Controller
Period: Oct 2012-May 2014
Job Description:
Ensured that all major accounts (USD 3-5M) worked to agreed order to cash cycles
Worked to strict monthly and annual collection targets (USD 4-5M monthly and USD 48-60M annually)
Investigating and resolving queries relating to nonpayment of invoices
Follow up and reduction of debtor days (DSO reduction by 0.4%)
Negotiated repayment plans (recover minimum amount of USD 25K-50K)
Liaison with the sales and accounts receivable teams to resolve outstanding queries
Allocation of payments in accordance with customer remittances
Processing and administration of reminder letters and monthly statements
Daily and month end reporting and account reconciliations
Consistently met management expectations on targeted cash collection parameters
Preparation of macros and reports
Delivered world class customer service to clients as a key focus area
J. P. MORGAN CHASE
Reconciliation Analyst
Period: Jun 2011-Oct 2012
Job Description:
Bank Reconciliations (U.S./International bank accounts and Investments) worth (USD 2-5M)
Root Cause Analysis (RCA)/In depth Research
Identify areas where controls and procedures can be improved in the preparation of the account reconciliations and propose solutions
Preparation of bank reconciliation statements
Maintained appropriate records, files, and documentation
Prepared responses to internal and external audit requests
Record reconciliation of bank transactions
Ensured that account reconciliations are properly stated with adequate supporting documentation
TRAINING SOFTWARE SKILLS
SAP SAP
Anti-Money Laundering Sales Force
Intermediate Ms Office Get Paid
Vocabulary & Language NAV
Voice & Accent Seibel
Service One-on-One CRM
Decision Making Ms Office
ACADEMIC CREDENTIALS
Bachelor of Business Management Higher Secondary Education Kristu Jayanti College, Bangalore, India Indian School Fujairah, UAE Graduated Class: 2011 Graduated Class: 2008
Siju Prasad
MOBILE: +971-********* E-MAIL: ac8v7u@r.postjobfree.com ADDRESS: Abu Dhabi, UAE PERSONAL DATA
D.O.B : 17 MAY 1990
NATIONALITY : Indian
LANGUAGES KNOWN : English, Arabic & Hindi
OTHER INTERESTS : Travelling Photography Sports Music REFERENCE
Mr. Biju Mathai
HR Partner/Manager
Elements Materials Technology
Abu Dhabi, UAE
PH: +971-**-***-****