hireejobsgulf
Register for Job

Sr. Credit Control Executive (Jeddah)

1.00 to 10.00 Years   Jeddah , Saudi Arabia   10 Jun, 2023
Jotun Saudia Co. Ltd.
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryChemicals Manufacture
Functional AreaNot Mentioned

Job Description

Manage and maintain all aspects of the credit control function whilst rendering business support to the Finance and Sales Departments, making recommendations of credit control policies and procedures, to ensure a healthy customer receivables portfolio and improve communication, workflow and process between the relevant departments.This position is based in Jeddah and will report to the Credit Control Manager.Responsibilities:

  • Manage and control credits of Jotun customers by evaluating their credit worthiness, monitoring the credit status
  • Manage and decrease company cost of credit through controlling risk of credit, risk non-payment, risk associated with late payments, and risks of opening new accounts.
  • Evaluate and prepare credit recommendation for the prospective new customers with financial information and based on the input from Business Development Manager
  • Manage and monitor the process and data integrity of the AR systems and applications by extracting IFS reports to ensure the effectiveness and efficiency of accounting process flow.
  • Maintain financial reports and monthly closing procedures related to the account receivable function and status of accounts using IFS system in order to minimize the company?s Days Sales Outstanding (DSO) and to control the Credit Risk.
  • Maintain customer receivables set and meet collection targets on a monthly basis, by monitoring or controlling payment behaviour by controlling credit limits and terms to ensure a healthy customer receivables portfolio
  • Evaluate and prepare credit recommendation for the prospective new customers with financial information and based on the input from Business Development Manager
  • Arrange credit meeting with sales department for evaluation/ review of customer status. Provide salesmen with up to date and current information pertaining to customer?s accounts and assist salesmen to achieve their collection targets by planning their collections based on the customers sales pattern
  • Co-ordinate legal cases with lawyers or other authorities depending on the nature of the case. Collection of tax related documents within the stipulated time frame in order to avoid tax liability during assessment. Ensure appropriate reporting of risk exposure (AR losses) Support Management with adequate reports on credit and collection, payment problem accounts and legal issues.
Qualification:
  • Bachelor?s degree in Accounts / Finance.
  • Minimum 3 - 5 years of relevant experience in Credit Control / Credit Analyst.
  • Fluency in Arabic & English ? both verbally and written.
  • Location - Jeddah, Saudi Arabia.ÿ

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved