Credit Control Manager - Riyaadh Accounting/Banking/Finance jobs in ksa

Accounting/Banking/Finance Jobs in Saudi Arabia Credit Control Manager - Riyaadh
Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia

MAIN PURPOSE OF THE JOB:


To take responsibility and ownership of company’s receivable ledger in Saudi Arabia by leading the credit and accounts receivable teams and ensure achieving of company’s receivable targets while developing both teams and collection process.



KEY DUTIES:



To lead the Credit Team in order to meet cash collection objectives and targets set by the Regional Credit Manger in line with group targets


Lead, train, manage and coordinate the credit and accounts receivable teams


To review and improve the current credit and collection process in Saudi


Effective allocation of customers to credit team members and calculation of their monthly profit share


To maintain customer and salesperson satisfaction through communication and effective account management


Execution of the company’s Credit Policy


Manage risk and minimize overdue exposure through maximizing payment security and report any risk foreseen


Appraising new customers to assess their credit worthiness


Supervise reconciliations of customers accounts an take all necessary measures to keep them up to date


Frequent contact with significant customers as part of escalation process regarding their accounts including reminders, visiting customers and Dunning letters


Forecasting of monthly cash collection and report analysis on deviations versus actual cash collection/ cash collection targets end of month


Preparation of monthly Accounts Receivable Status reports for KSA MD and Head Office in Dubai


Coordination and follow up with company’s legal representatives/ debt collection agencies appointed by the company in order to ensure company is kept up to date and report the status of each account to head office


Provide regular updates and information to line manager


Other ad hoc reports and analysis as required by Regional Credit Manager

Job Details

Posted Date: 2018-03-18
Job Location: Riyadh, Saudi Arabia
Job Role: Accounting and Auditing
Company Industry: Construction; Construction/Civil Engineering; Engineering

Preferred Candidate

Career Level: Mid Career


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