Achieve goals of DSO through maximizing collections and minimizing bad debt provisions; ensure that credit related policies
are implemented.
Key Accountabilities
• Credit assessment
o Develop credit policy and procedures
o In coordination with operating managers and central trade credit, assess the creditworthiness of new and existing
customers and make recommendations on credit limits.
o Develop and then periodically review credit limits for all credit customers
• Monitoring & reporting
o Lead the monthly receivables meetings engaging with senior operating managers, directors to identify key issues and
agree corrective actions.
o Issue weekly status report on progress
o Proactively anticipate developments, and identify accounts that will require special attention e.g. receivables attracting
bad debt provisioning
o Assist in ensuring the integrity of customer data
• Documentation
o Arrange for all required Bank Guarantees, Letters of Credit. Monitor and report on utilization, proactively arrange for
cancellations as required
o Work with the Financial Controller to ensure that reconciliation targets on accounts receivable are achieved
o Ensure timely and effective communication with all customers to ensure timely collection of receivables (dunning of
statements of accounts)
• Collection
o Coordinate collection efforts with Alghanim Central Trade Credit
o Coordinate collection efforts within the Engineering group with all operations managers.
o Develop effective working relationship with senior accounts payable personnel from key customer accounts to facilitate
timely payments
o Work with Alghanim legal department to initiate legal proceedings and resolve disputes as required
• Team development
o Develop and guide direct reports to improve their skills and impact (e.g. debt collectors training, journey plans, key
account management etc.)
Skill, Knowledge and Experience Required
• Arabic speaker with good English language skills (both written and oral) is preferred
• Education: B. Com.
• 5-8 years of related credit experience
• Teamwork oriented, collaborative, proactive. Self-starter
• Good working knowledge of excel
• Previous experience of working with SAP is preferred
Apply Online
are implemented.
Key Accountabilities
• Credit assessment
o Develop credit policy and procedures
o In coordination with operating managers and central trade credit, assess the creditworthiness of new and existing
customers and make recommendations on credit limits.
o Develop and then periodically review credit limits for all credit customers
• Monitoring & reporting
o Lead the monthly receivables meetings engaging with senior operating managers, directors to identify key issues and
agree corrective actions.
o Issue weekly status report on progress
o Proactively anticipate developments, and identify accounts that will require special attention e.g. receivables attracting
bad debt provisioning
o Assist in ensuring the integrity of customer data
• Documentation
o Arrange for all required Bank Guarantees, Letters of Credit. Monitor and report on utilization, proactively arrange for
cancellations as required
o Work with the Financial Controller to ensure that reconciliation targets on accounts receivable are achieved
o Ensure timely and effective communication with all customers to ensure timely collection of receivables (dunning of
statements of accounts)
• Collection
o Coordinate collection efforts with Alghanim Central Trade Credit
o Coordinate collection efforts within the Engineering group with all operations managers.
o Develop effective working relationship with senior accounts payable personnel from key customer accounts to facilitate
timely payments
o Work with Alghanim legal department to initiate legal proceedings and resolve disputes as required
• Team development
o Develop and guide direct reports to improve their skills and impact (e.g. debt collectors training, journey plans, key
account management etc.)
Skill, Knowledge and Experience Required
• Arabic speaker with good English language skills (both written and oral) is preferred
• Education: B. Com.
• 5-8 years of related credit experience
• Teamwork oriented, collaborative, proactive. Self-starter
• Good working knowledge of excel
• Previous experience of working with SAP is preferred
Apply Online
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