Mohammed Abdul Hai

Experience

• 

  Wipro

  Dec 2008 - Apr 2010

  Associate Analyst

  WIPRO Hyderabad, IndiaAssociate Analyst 2008- 2010Equity Traded Derivatives - Reconciliation• Reconciling the accounts • Verify contracts for compliance purpose• Payment managementCredit Derivative Swaps – Trade Settlement• Chase counter parties to settle the trades on or before the maturity date to avoid interest.• Verify the trade economies for compliance purpose• Payment management

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  Albawardi Group Of Companies

  May 2010 - Mar 2022

  Trade Finance Operations Specialist

  Trade Finance | 2017 – Present Trade Finance management mainly Import & Export Letter of credits (LC). Process LC application within the agreed SLA & amendments. Analysing & planning financial needs. Liaison with Banks & Counter parties for Swift, Amendments & Collection of Documents. Monitor LC commission, insurance & other bank charges. Process Local & International Payments. Accomplishments:Convinced regular supplier to accept Cash Against document as a mode of payment which savedthousands of Riyals per order, amendment cost, negotiation problems & also mitigated problem at the initial stage while ensuring smooth running of the business a whole.Accountant| 2014 – 2016Key Result Areas: Process invoice through accounts payables in oracle. Release all payment in compliance with cash forecast and credit terms. Processing of receipts in Account receivables in oracle. Prepare outstanding list of Debtors and follow-up for payments. Assist in preparing Financial Statements. Updating Statement of Funds Transfer between Banks.Cost Analysis and Stock / Inventory planner| 2010 – 2013Key Result Areas: Prepare cost sheet for each shipment. Allocate cost to each product/s. Analyze variance in Invoice & Actual value received. Estimating, planning & forecasting total cost. Analyse inventory levels. Prepare stock reorder & Average sales report. Variance Analysis of stock in hand &Sales Analysis. Issue Purchase order in Oracle R12.AccomplishmentsHave helped the management in Inventory planning which enabled them to identify fast & slow moving products, minimize the storage cost, increased sales & financial planning by estimating cost of the product using relative valuation technique. Show less

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  Shalimar Traders

  Apr 2022 - now

  Social Media Marketing & Lead generation.Find New products & supplier.Client meeting & sale closing. Sales & aftersales services to the clients. Collection of payments.Responsible for overall Business operations.

  • Business Development Manager

    Apr 2022 - now

  • Business Partner

    Apr 2022 - now