Sultan Asiri

• Managed daily finance services for smooth business operations.
• Supervised the AP/AR teams, streamlining processes to improve accuracy and reduce processing times.
• Worked closely with operations, sales, and marketing teams to provide financial insights that supported business growth and operational efficiency.
• Worked with the supply chain team to optimize inventory levels, reduce carrying costs, and minimize write-offs through regular stock audits and cycle counts.
• Managed the accounting for government grants, and subsidies, ensuring proper documentation and compliance with grant requirements.
• Ensured compliance with revenue recognition standards by reviewing contracts, analyzing revenue streams, and implementing appropriate accounting treatments.
• Oversaw client billing processes, ensuring accuracy, timeliness, and adherence to contract terms while minimizing overdue receivables.
• Ensured all vendor payments and contracts were compliant with internal policies and external regulations.
• Coordinated internal and external audits, providing necessary documentation and ensuring timely completion with minimal disruptions.

• Leading and managing a team of accounts receivable professionals, providing guidance, training, and support to ensure effective invoicing, payment processing, and collection activities.
• Set and monitored credit limits and payment terms for over 200 customers, assessing creditworthiness, and managing risk effectively.
• Establishing and maintaining strong relationships with customers, understanding their needs, addressing concerns, and resolving outstanding payment issues.
• Implementing and enforcing credit and collection policies to minimize overdue accounts and mitigate credit risks.
• Conducting regular performance evaluations of the accounts receivable team, providing feedback and coaching to enhance individual and team performance.
• Monitoring and reporting on key performance indicators (KPIs) related to accounts receivable.
• · Collaborating with sales, customer service, and finance teams to streamline processes, resolve customer issues, and improve cash flow management.
• Providing training and guidance to the accounts receivable and collection team, fostering their professional development and enhancing their effectiveness.
• Participating in financial audits and assisting in the preparation of financial reports related to accounts receivable activities.

Through my effective management of the accounts receivable function, I have contributed to improved cash flow, reduced delinquencies, and enhanced customer relationships, resulting in financial stability and business growth.

• Overseeing the day-to-day operations of the accounts payable team, providing guidance and support to ensure efficient and effective processes.
• Reviewing and verifying invoices, expense reports, and payment requests for accuracy, completeness, and compliance with company policies and procedures.
• Ensuring timely and accurate processing of vendor invoices, employee expense reimbursements, and other payment requests.
• Monitoring and managing vendor accounts, resolving any payment discrepancies or issues in a timely manner.
• Collaborating with internal departments and external vendors to resolve invoice discrepancies, respond to inquiries, and maintain strong working relationships.
• Developing and implementing process improvements to enhance efficiency and accuracy of the accounts payable function.
• Performing month-end and year-end closing activities, including reconciliations and accruals.
• Assisting in the preparation of financial reports related to accounts payable, providing accurate and up-to-date information to the finance team.
• Maintaining compliance with applicable financial regulations and ensuring adherence to internal controls.
• Training and mentoring accounts payable staff, promoting their professional growth and development.
• Analysed monthly reporting to reconcile production operations and general ledger.

• Perform bank and affiliate reconciliation.
• Reconcile and confirm balances for accounts payable and accounts receivable.
• Amortize prepaid expenses and account for accruals.
• Maintain a schedule of outstanding letters of guarantee (LGs) and letters of credit (LCs). Monitor monthly bank charges for accuracy.
• Prepare a monthly report combining budget collections and payments.
• Perform quarterly and yearly closing of books of accounts.
• Accurately documented all cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Maintained integrity of the general ledger, including chart of accounts.
• Checked and imported payroll and pension data to pay salary deductions.

• Prepare monthly payroll and other filing procedures.
• Handle employee personal accounts, including vacations and final settlements.
• Review, verify, and enter all site petty cash and office petty cash transactions.
• Prepare bank payment vouchers.
• Account for debit/credit notes.
• Handle day-to-day accounting entries related to payables and receivables.