Saddam Hossain
Accounts Payable Specialist
Summary
Experienced Accounts Payable Specialist with 7+ years in multinational financial optimization. Proficient in SAP & ERP, leading to major gains in efficiency, revenue, and cost management. Spearheaded initiatives for financial optimization, boosting operating income and refining processes.
Overview
7
7
years of professional experience
Work History
Accounts Payable Associate
MGH Group Vietnam
Ho Chi Minh, Vietnam
12.2018 - 12.2022
- Developed and implemented a three-phase invoice verification process for freight, aviation, and shipping sectors, achieving a 37% reduction in overpayments by ensuring invoice accuracy and completeness.
- Proficiently utilized SAP & Myshipment for accurate coding, matching, and processing of AP transactions, leading to streamlined payment processes and a tenfold increase in check processing speed.
- Resolved all payment discrepancies and vendor inquiries promptly, achieving 100% current status on bill payments and updating vendor files monthly to maintain accurate records.
- Solved 57 payment errors, resulting in $300K savings from misappropriated expenses, and integrated new support services, reducing recurrent expenses by 25%.
- Enhanced payment and expenditure monitoring, including payroll and purchases, reducing errors by 25% and optimizing working capital, decreasing overdue amounts by $1.5M in six months.
- Contributed to the annual audit process by preparing detailed reports and documentation, improving process understanding and efficiency by 25% through the use of Microsoft Word and Excel.
Accounts Payable Clerk
MGH Group Bangladesh
Dhaka, Bangladesh
08.2015 - 11.2018
- Managed an array of payments across divisions, including freight, import, general expenses, and overseas transactions.
- Reconciled vendor statements using SAP.
- Launched Document Imaging, decreasing instances of misplaced records by 61%
- Cleared 90% payment backlog in 40 days via automation and cash reserve fortification.
- Helped top management accelerate decision-making by 37% through sorting and categorizing financial.
- Performed numerous office functions including collating, faxing, copying, and ordering office supplies.
- Facilitated effective vendor negotiations and handled petty cash, ensuring optimal service terms and financial management practices across the organization.
- Secured a 17% cost savings by processing payments on time, negotiating vendor terms, and taking advantage of discounts and promotions, managing payroll for four departments with high accuracy.
Education
Master of Management - International Accounting And Finance
University of Windsor
Windsor, ON 01.2023 - 2024.04
BBA - Finance & Accounts
North South University
Dhaka, Bangladesh 05.2011 - 2015.08
Skills
SAP & ERP
undefinedAccomplishments
- Enhanced payable efficiency by 70%, cut vendor complaints by 90%, and resolved 90% payment backlog in 40 days.
- Lifted operating income from 15% to 30% for MGH Group across regions.
- Reduced fixed costs by 25%, bank costs by 40%, and achieved 15% financial transaction savings through strategic measures.
- Led a finance team in implementing a new ERP system, improving data accuracy and operational efficiency by over 40%
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
Master of Management - International Accounting And Finance
University of Windsor
01.2023 - 2024.04
Accounts Payable Associate
MGH Group Vietnam
12.2018 - 12.2022
Accounts Payable Clerk
MGH Group Bangladesh
08.2015 - 11.2018
BBA - Finance & Accounts
North South University
05.2011 - 2015.08
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