Credit Control

Found in: beBee S AE - 4 weeks ago

Dubai, United Arab Emirates Parker Connect Full time


Job Title Credit Control & L/C Specialist

Description

The Leading Recruitment & Management Consultants in the Middle East.
Latest Jobs Credit Control & L/C Specialist Job Purpose: Manage day to day operations on all Letter of Credit and Credit control management activities across UAE/Export/Affiliates business Trade Specialist: Letter of Credit (L/C) includes both i.e. Standby Letter of Credit (SBLC) & Individual Letter of Credit (L/C). Letter of Credit Specialist is responsible of compiling all activities associated but not limited to L/C Draft Review, Establishment, Confirmation, Renewal, preparation and presentation of Documents, Encashment, pursuing acceptance from customer/bank. The above is conducted in compliance with Uniform Customs and Practice for Documentary Credits (UCP) and adhere to all Countries & Banking regulations. The candidate will conduct seminars and training for all affiliate Credit Managers in the day to day intricacies and usage of Letters of Credit and their suitability as a negotiable instrument. Design and managing the end to end process of L/C from Origination to Encashment until funds are sighted in the bank account. Manage L/Cs transaction for the group and resolve all outstanding issues associated to the L/C internally (within the organization) and externally (with customers/banks). Target at maximizing L/C collection Presenting documents against L/C on negotiation basis and ensuring no discrepancies are reflected in the presentation of documents. Explore new clauses which can be embedded in the L/C which protects the interest of the organization. Simplify the L/C Clauses with better negotiating terms with customers. Suggest better Inco Terms (C&F/CIF v/s DDU/DDP L/Cs) and better DDP clauses which can convert cash without customer dependance. Ensure the L/C documents presented before LC expiry and tracked until receipt at customers bank and pursue until confirmation of maturity dates are available from customer bank and then work towards crediting of funds on maturity. Credit Management: Working experience on Credit Insurance and open account management of customers Recommends credit limits for customers, handles special credit arrangements and deviations from standard payment terms Monitor ageing over 60 days, open account releases, on account and short payments; provide direction to O2C team on adjustments and resolution. Regular review of receivables ageing to identify accounts that require follow up communication and processes pending orders within the policies of the credit department Ensure accounts receivable balances are maintained at appropriate levels for the economic environment and business situation. Review and identify inefficiencies in processes and systems and recommend improvements, continuously seek out new ways to automate, streamline, or eliminate tasks in the credit department to improve processes and reduce costs. Consult with management and colleagues on complex collections and/or deduction situations requiring extraordinary efforts to resolve. Provide departmental guidelines, protect the group from unexpected losses, and increase profitability by assisting in writing policies and procedures for the credit department and company. Ownership and responsibility on portfolio of high value key customers, managing the full collection cycle including payment plans, block deliveries, dispute management and ensuring customer accounts are fully reconciled Monitoring debtor balances to ensure a reduction in DSO, overdue and bad debts Reporting: Develop reporting and analytics for senior management to monitor risk, collection activities, and trends. Provide reporting on highest risk accounts including recommendations for resolution. Should have experience with reporting metrics for the department head or Financial Reporting. In addition candidate will be available to accompany Relationship Managers on sales and customer calls to provide the specialist knowledge and application of the skills required for competent practice in a global scale. This position requires a highly organized individual with strong written and verbal business communication skills. Ensure monthly reporting are done as per deadline mentioned by group. Job Requirements:
Experience & Knowledge: Works cooperatively and effectively with others to achieve goals, resolve problems, promote and implement solutions that enhance cross functional relationships and team performance Strong analytical skills and attention to detail Good business acumen for problem solving Excellent ability to set priorities to filter urgent and non-urgent issues in a high paced and demanding environment Excellent communication skills, written and verbal in a thorough and timely manner using appropriate and effective tools and techniques French and Arabic would be an added advantage. Positively influence others to achieve results that are aligned with best practice and business requirements Ability to drive continuous process and performance improvements for Group's debtors' ledger, covering both distributors, dealers, contractors, end users, B2B and B2C. Self-motivated and results driven, deploying effective tools & techniques Excellent team player, supporting and fostering teamwork Excellent customer and cross functional engagement skills, influencing at all levels to achieve goals Energetic approach and passion for delivering quality results supporting the Credit & Collection functions overall performance. Demonstrable proven track record in collection or other finance support functions. Working knowledge of SAP or similar ERP systems Strong knowledge of Microsoft office suite i.e. advanced excel, power point etc. Minimum 5 years relevant experience in Credit function and collection management with preferred experience in construction industry in UAE. Ideally with a large international B2B corporation, banks or equivalent Age group 30~35 Accounting software SAP Knowledge preferred Exposure on Multi Currency handling Working knowledge on legal framework is an advantage Education: BBA, CIMA (Commerce background) Skills: Excellent MS office Skills (Advance Excel, Word and Power point) Excel Level 3 knowledge a must (Macros, Pivot Table, Advance Excel formulas) Personality Attributes: Coordinate credit and administration support through the monitoring of past dues, document exceptions, collateral value monitoring, and covenant compliance Consult with management and appropriate staff on complex collections and/or deduction situations requiring extraordinary efforts to resolve. Establish and maintain external business/industry relationships including banks, credit Insurers, collection agencies, credit bureaus and other credit associations. Build strong customer relationships to create maximum value; routinely communicate via email and telephone with customers and internal associates Provide support to customer service and logistics. Provide backup coverage in the department during vacations, illnesses, absenteeism etc. Other duties and responsibilities as assigned on timely basis You have applied correctly

A message has been sent to the employer, you are going to receive the reply soon. Good luck

You have applied correctly

The request has been sent correctly. However, we have seen that your resume is incomplete. We highly recommend you to fill it to let the employer know you. These are the fields you have empty:

  • Credit Controller

    3 days ago

    Dubai, United Arab Emirates Danube Group Full time

    **Credit Controller Responsibilities**: 1. Responsible for overseeing all credit and payment collections for the company 2. Reviewing current credit control system and processing & Implementing revised policies and procedures 3. Understanding the business process flow and customer analysis 4. Administration and maintaining of the companies Insurance...

  • Credit Controller

    16 hours ago

    Dubai, United Arab Emirates Al-Futtaim Full time

    Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across...

  • Credit Controller

    4 days ago

    Dubai, United Arab Emirates GRAND STORES LLC Full time

    Must have good experience and knowledge in: - Receivables factoring bill discounting - Back-end rebates / claims of customers - Online invoice upload / reconciliation - Credit control policy - Credit insurance - Legal cases - Overdue collections **Job Types**: Full-time, Permanent Ability to commute/relocate: - Dubai: Reliably commute or planning to...

  • Credit Control Manager

    16 hours ago

    Dubai, United Arab Emirates AAG Company Full time

    Credit Control Manager - Arab Speaking only - Develop and implement credit control strategies and policies to minimize credit risk and bad debts. - Lead and manage the credit control team, providing guidance, training, and support. - Maintain positive relationships with customers, handling credit-related disputes efficiently. - Monitor and manage overdue...

  • Credit Controller

    6 days ago

    Dubai, United Arab Emirates AAG Company Full time

    **Job Title**: Credit Control **Purpose**: Coordinating with customers in the collection of payments and uploading same in the ERP, dealing with daily queries, and resolving existing issues. **Tasks / Job Description assigned**: - Close liaison between the credit controller and the marketing /sales department so that credit issues are resolved smoothly. -...

  • Credit Control Manager

    1 day ago

    Dubai, United Arab Emirates Emirates Flight Catering Full time

    **Key Result Areas**: Implement, and periodically evaluate the company's credit and collection policies and procedures to ensure alignment with industry best practices and the mitigation of potential risks. Continuously monitor credit limits and terms and adapt them as necessary to address evolving business conditions. Lead the collections process to...

  • Credit Controller

    3 days ago

    Dubai, United Arab Emirates Harsen Full time

    **Credit Controller required urgently** Able to communicate in an efficient yet friendly manner with customers, as well as the broader accounts receivable team while reporting to the Financial Controller. Experience in FM / Waste management preferred Pay: From AED8,000.00 per month Application Deadline: 01/05/2024

  • Credit Controller

    7 days ago

    Dubai, United Arab Emirates Walters People Full time

    Eén van onze klanten te Antwerpen zoekt een klantgerichte Credit Controller. Was je toch al aan het nadenken over jouw carrière? Misschien is dit dan wel een volgende stap. Binnen deze firma kan je rekenen op een verantwoordelijke functie en een gezellig team van collega’s.Een Greep Uit Jouw Takenpakket Je beheert een specifiek...

  • Credit Controller

    Found in: Talent AE C2 - 7 days ago

    Dubai, United Arab Emirates Chalhoub Group Full time

    INSPIRE | EXHILARATE | DELIGHTFor over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion,...

  • Credit Controller

    Found in: Whatjobs AE C2 - 7 days ago

    dubai, United Arab Emirates BAC Middle East Full time

    Credit Controller Jobs in Dubai, UAE by BAC Middle East | ArabJobs.comCredit ControllerBAC Middle East - Dubai, UAE Posted In 14/1/2014Apply For JobApplicants104 Views8448Job DescriptionAED10,000 Per Month Total SalaryOn behalf of our client an international events company based in Dubai we are looking to recruit a Credit Controller. Reporting to the Finance...

  • Credit Control Coordinator

    1 week ago

    Dubai, United Arab Emirates Danube Group Full time

    Responsibilities: - Responsible for overseeing all credit and payment collections for the company - Reviewing current credit control system and processing & Implementing revised policies and procedures - Understanding the business process flow and customer analysis - Administration and maintaining of the companies Insurance transaction record, procedures...

  • Credit Control-Receivables

    1 week ago

    Dubai, United Arab Emirates Careers International Full time

    The Credit Control Receivables role in a FastMoving Consumer Goods (FMCG) company is essential for managing and optimizing the companys accounts receivable processes. This position involves assessing credit risk establishing credit limits monitoring customer accounts and ensuring timely collection of outstanding invoices. The Credit Control Receivables...

  • Receivables Credit Controller

    16 hours ago

    Dubai, United Arab Emirates Planet Eco Building Materials LLC Full time

    Develop and monitor a credit control system in collaboration with sales & marketing, finance and executive team members. - Establish policies that follow customer service best practices while ensuring customers submit payments on time. - Determines what data is needed for most effective receivable management and how to collect data. - Synthesizes sales,...

  • Credit Controller

    Found in: Whatjobs AE C2 - 7 days ago

    dubai, United Arab Emirates BAC Middle East Full time

    Credit Controller Jobs in Dubai, UAE by BAC Middle East | ArabJobs.com Credit Controller BAC Middle East - Dubai, UAE Posted In 14/1/2014 Apply For Job Applicants 104 Views 8448 Job Description AED10,000 Per Month Total SalaryOn behalf of our client an international events company based in Dubai we are looking to recruit a Credit...

  • Credit Controller

    Found in: Talent AE 2A C2 - 2 weeks ago

    Dubai, United Arab Emirates BAC Middle East Full time

    Credit Controller Jobs in Dubai, UAE by BAC Middle East | ArabJobs.comCredit ControllerBAC Middle East - Dubai, UAE Posted In 14/1/2014Apply For JobApplicants104 Views8448Job DescriptionAED10,000 Per Month Total SalaryOn behalf of our client an international events company based in Dubai we are looking to recruit a Credit Controller. Reporting to the Finance...

  • Credit Control Executive

    Found in: beBee S AE - 4 weeks ago

    Dubai, United Arab Emirates Al-Futtaim Full time

    b' Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across...

  • Coordinator Credit Control

    Found in: beBee S AE - 4 weeks ago

    Dubai, United Arab Emirates Adidas Full time

    Description Coordinator Credit Control (6 MONTHS TEMP) Purpose & Overall Relevance for the Organization: The Coordiantor Credit Control is responsible: To ensure timely collection of receivables and make sure processes are in line with global / local policy requirements. For implementation of the internal controls and safeguarding the business process in a...

  • Credit Control-Receivables

    Found in: Talent AE A C2 - 1 week ago

    Dubai, United Arab Emirates Careers International Full time

    The Credit Control Receivablesrole in a FastMoving Consumer Goods (FMCG) company is essential formanaging and optimizing the companys accounts receivable processes.This position involves assessing credit risk establishing creditlimits monitoring customer accounts and ensuring timely collectionof outstanding invoices. The Credit Control Receivables...

  • Senior Credit Controller

    Found in: Whatjobs AE C2 - 7 days ago

    dubai, United Arab Emirates Irwin & Dow Careers Full time

    Senior Credit Controller Jobs in Dubai, UAE by Irwin & Dow Careers | ArabJobs.comSenior Credit ControllerIrwin & Dow Careers - Dubai, UAE Posted In 29/1/2014Apply For JobApplicants108 Views7053Job DescriptionWe are currently working with one of our clients to recruit an Arabic Speaking Senior Credit Controller. The company is German and is part of the IT...

  • Group Credit Control Manager

    Found in: beBee S AE - 4 weeks ago

    Dubai, United Arab Emirates Robert Half United Arab Emirates Full time

    The Company Our client is a truly global player in their field. Due to an internal restructure our client is looking to recruit a Group Credit Control Manager who will be responsible for the Middle East & Africa region. The Role Reporting directly into the Group Chief Financial Officer your role will be to establish Credit Control management and...