Credit Control Executive

Dubai, United Arab Emirates

Job Description

Job SummaryWe are currently looking to recruit a Credit Control Executive for Global Aftersales Automotive in Dubai. Reporting to the Business Unit Finance Manager, you will support the Credit control manager and the Business unit finance manager in carrying out receivables\' portfolio management. You will work closely with the staff and ensure you perform your receivables management routine activities efficiently and effectively and develop and monitor key performance indicators (KPI\'s). You will be entrusted by the credit control manager to streamline the processes to have the most efficient, simple, and convenient processes which will support on timely collection of dues. You will provide required support to the credit control manager that aids to deal with difficult customers and long overdue payments. You need to provide relevant information that helps to review and update company policy with regard to debt collection.This role demands exposure to highly sensitive & confidential information of the organization that requires considerable use of data monitoring, judgement, and considerable data control.What you will do
  • Support Credit Control Manager to review current process of the department and suggest the optimal process which will enable the organization to submit invoicing on time & will also help collect cash on time.
  • Prepare, review and provide MIS reports on receivables by division / customer. Provide necessary insights that helps Credit control manager to Identify areas of concern.
  • Work with Credit control department on mitigating risks.
  • Prepare and report key performance indicators for each division and regularly review the same with the credit control manager and Business Unit Finance Manager.
  • Provide Insights that helps Credit control manager to develop collection strategy and action plan and ensure that they are carried out.
  • Closely liaise with Finance Shared Services on debtor reports, accounting, and receivables monitoring.
  • Timely review of the customer outstanding and work with the credit control manager to devise payment plans for the customers where necessary.
  • Month-end provision of rebate accruals & AR provisioning.
  • You should be a good team player that thrives to create an honest and open work environment that helps to achieve a common business objective and deliver results.
  • In addition to the above-mentioned requirements, you will at times be expected to perform entrusted tasks and duties outside of your scope of work as necessitated by work demand
Required Skills to be successful
  • The candidate possesses minimum 2 years of experience working in the capacity of credit control executive.
  • Timely review of the customer outstanding and work with the credit control manager to ensure smooth collection.
  • Prepare and report receivables key performance indicators for each division and regularly review the same with the credit control manager and Business Unit Finance Manager.
  • Timely submission of SOAs to the customer and liaise with the customers to address any queries and coordinate with the sales executives and customer to settle pending dues, if any.
  • Prepare and submit Budget and quarterly forecast assumptions for receivables
About the TeamIn this position you will be working in a fast paced and diverse environment. You will be reporting directly to the Senior Financial ControllerWhat equips you for the role
  • The ideal candidate will possess an Internationally Accredited Professional Accountancy Qualification or a Bachelor of Commerce or Diploma in Accounting Financial Management. You will have a minimum of 3 years\' experience with specific experience in receivables management of a large company and prior experience of working with Parts Dealers business is an added advantage. Ideally, we are looking for candidates with the below skills and behavioral competencies:
  • Excellent communication skills, both verbal and written
  • Knowledge of Arabic is an added advantage
  • Ability to work as a strong team player
  • lead a large and diverse team and coach them into top performers
  • Able to talk to all levels of the organization, both internal and external
  • Highly computer literate, knowledge of SAP will be an advantage
  • Strong analytical skills.

Edarabia

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Job Detail

  • Job Id
    JD1739899
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned