Credit Supervisor

2 weeks ago


Dubai, Dubai, United Arab Emirates Dragon Palace Hotel Full time

Job Description:

  • Review accounts receivables ageing report from the systems
  • Identify the payment timeline and send reminder notice to the customers on payments due as per the contracts and Send invoices to the customers as and when it is due, Ensure timely deposits in the bank and properly recording into the system
  • Arrange receipt of funds against the due amount and Issue receipts to the customers against payments, Prepare cash balance reports, daily collection reports, PDCs on hand reports on a periodical basis
  • Reconcile the receipt amount with the bank statements, Allocate receipt amount to customer account upon realization of funds in the bank statements
  • Report the collection information to the management and regulatory authorities as and when requested
  • Take appropriate action to encourage customers to pay timely and in accordance with the contracts ,Enhance and improve internal controls with regards to the collection process
  • Coordinate with the legal for recoverability of long overdue customer balances
  • Streamline the process for invoicing, receipt and reporting for management of account receivables and Prepare bank reconciliation statement on a daily basis for the revenue accounts
  • Reconcile receipt of Post Dated Cheques from the customers with the cheques deposited and cashed, cheques replaced or returned, cheques on hand and with the bank.

Qualifications:

  • Bachelor's degree in Accounting and Finance.
  • At least 2 years finance and accounting work experience;
  • General accounting and finance operations.
  • Reasonable commercial acumen and understanding of business
  • Good communication skills with command over written and spoken English.
  • Proficient in Microsoft Excel, Word, and PowerPoint.

Job Types:
Full-time, Contract

Contract length: 24 months

Pay:
AED1.00 - AED2.00 per month
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