Purushothaman Vasu

Senior Accountant-Accounts Receivable & Credit Control at Intercoil International LLC
Lives in Dubai, United Arab Emirates
over 6 months ago

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Experience

  • Senior Accountant-Accounts Receivable & Credit Control

    Intercoil International LLC - Dubai, United Arab Emirates

    Finance/Accounting
    November 2015 - Now · 3 years and 1 month

    3 Year Experience as an Senior Accountant - Receivables and Credit Control with M/s Intercoil Group of Companies, a leading manufacturer of Branded Luxury Mattress and Bed, Bedding, Bedroom Furniture, Manufacturers of Form Job profile:  Independent charge of Account Receivables -Hospitality & Dealers - Export & UAE  Implementing and maintaining Credit Controls.  Independent charge of Export LC, Bank Guarantee, Bill & Cheque Discounting.  Assist Accounts Manager in activities related to Banks  Reports- Weekly, Monthly and Annual Audits. Receivables and Credit Control  Responsible for Timely Collection of Account Receivables.  Monitoring Collection of Receivables on domestic and international sale.  Review of Debtors Ledger & Aging Report, and Report Due and Long Overdue.  Arranging collection meetings of DM, DGM with Sales Managers and Sales Executives.  Updating Customer Accounts, reconciliation, attend & close customer query, if any.  Investigating reason for defaults and initiating corrective steps, if necessary.  Custodian of PDC and ensuring timely realization and accounting  Reports on expected collection for the period for Cash Flow Statement  Preparation of AR - Reports for Periodical, Final Audit and for Banks  Proposal Provision for Doubtful Debts &Schedules for Audit. Independent Charge for Export LC & LC Claim  Ensure Clean LC, Timely Claim and Successful Receipts of LC Claim.  Full responsibility for the documentation for presentation of complied Export Claim  Coordinate with bank, sales team, logistic team and customer to avoid discrepancy.  Monitor validity of LC, expiry, date of shipment, presentation, maturity & receipts.  Fine tune the LC conditions by liaising with the customer & sales team. Bank Guarantee, Bill & Cheque Discounting  All activities related to the issue of Advance Payment/Performance Guarantees till cancellation.  All activities related to Bill and Cheque Discounting.

  • Senior Accountant

    AL KHALEEJ METAL COAT LLC - Dubai, United Arab Emirates

    Finance/Accounting
    June 2008 - August 2015 · 7 years and 3 months

Languages

  • Hindi
    Professional working
    60%
  • English
    Professional working
    60%
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