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Finance Officer - Credit Risk

2.00 to 10.00 Years   UAE   21 Oct, 2019
Job LocationUAE
EducationNot Mentioned
SalaryNot Mentioned
IndustryNot Mentioned
Functional AreaNot Mentioned

Job Description

The Credit Risk Officer is responsible for monitoring the credit control & monitoring activities of the airline. Assist in the preparation of weekly BSP reports.KEY ACCOUNTABILITIESKey Activities-Ensure timely credit of funds to Travel Agency Accounts that follow the airlines prepayment model. Manage the Agency top-up process including relevant follow-ups with various internal teams as required.-Identify areas that can be automated through the systems in place for credit monitoring & Top-up process-Follow-up for long outstanding receivables-Maintaining records of all distributor contracts and visa related contracts and ensuring timely follow-up to obtain updated and valid contracts.-Processing of INAD recharges including billing, follow-up and reconciliation of relevant account nominal.-Carry out Various channel of sales (BSP / GDS / weblink/ TCH / ARC) credit control related activities which include granting ticketing authority to IATA agents based on credit vetting assessment, sales review, settlement and default monitoring. Prepare weekly BSP reports for all BSP countries-Ensure timely billing (where applicable) and repatriation/ remittance of funds from distributors and agents.-Liaise with various Commercial Managers to ensure timely market information is obtained for all BSP countries especially where there are defaults.-Calculate on a monthly basis the provision required for long outstanding receivables including BSP defaults.-Provide day-to-day support with regards to credit control activities including training of new team members / interns as required. REQUIREMENTS: MINIMUM QUALIFICATIONS / EXPERIENCE/ KNOWLEDGE / SKILLSMinimum Qualification-A recognized professional accounting degreeExperience-2-3 years of professional experience in the Credit Monitoring division of an AirlineKnowledge / Skills-Experience working in ERP Financials-Knowledge of MS ExcelCORE COMPETENCIES-Customer Focus-Team work-Effective Communication-Personal Accountability & Commitment to achieve-Resilience and Flexibility (Can do attitude)

Keyskills :

About Company

Dubai-based flydubai strives to remove barriers to travel and enhance connectivity between different cultures across its ever-expanding network. Since launching its operations in 2009, flydubai has:


  • Created a network of more than 90 destinations in 44 countries.

  • Opened up 62 new routes that did not previously have direct air links to Dubai or were not served by a UAE national carrier from Dubai.

  • Operates a single fleet type of 58 Next-Generation Boeing 737-800 aircraft and will take delivery of more than 100 aircraft by the end of 2023.



In addition, flydubais agility and flexibility as a young airline has enhanced Dubais economic development, in line with the Government of Dubais vision, by creating trade and tourism flows in previously underserved markets.

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