Credit Controller

1 week ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Zee Store PJSC Full time

Preferably Lady

Credit Management:

  • Evaluate and assess the creditworthiness of new and existing customers.
  • Establish and monitor credit limits based on risk assessments.
  • Implement credit control policies and procedures to minimize credit risk.

Invoice and Billing Management:

  • Issue accurate and timely invoices to customers.
  • Review billing discrepancies and resolve issues promptly.
  • Coordinate with the billing department to ensure accuracy in invoicing.

Credit Terms Negotiation:

  • Negotiate credit terms and payment plans with customers.
  • Communicate credit terms to sales and customer service teams.
  • Collaborate with sales teams to understand customer requirements and credit implications.

Collections and Follow-Up:

  • Monitor overdue accounts and initiate collection efforts.
  • Record and document all communication with customers regarding payment.

Payment Allocation:

  • Allocate incoming payments accurately to customer accounts.
  • Reconcile payments with outstanding balances.
  • Investigate and resolve discrepancies in payments.

Credit Reporting:

  • Generate and analyze credit reports to assess customer credit risk.
  • Provide regular reports on outstanding debts, aging reports, and credit exposure.
  • Collaborate with management to make informed decisions based on credit reports.

Customer Relations:

  • Build and maintain positive relationships with customers.
  • Address customer queries and concerns related to credit and payments.
  • Collaborate with sales and customer service teams to resolve issues impacting credit management.

Legal Action and Dispute Resolution:

  • Evaluate the necessity of legal action for severe delinquencies.
  • Collaborate with legal counsel to initiate legal proceedings if required.
  • Facilitate resolution of payment disputes through negotiation and mediation.

Credit Risk Assessment:

  • Assess and review credit risk associated with potential clients and vendors.
  • Monitor market and industry trends to anticipate potential credit challenges.
  • Recommend credit risk mitigation strategies to management.

Documentation and Record Keeping:

  • Maintain accurate and updated records of customer accounts and transactions.
  • Ensure compliance with documentation requirements and data protection regulations.

Training and Compliance:

  • Stay informed about changes in credit regulations and financial laws.
  • Provide training to internal teams on credit policies and procedures.
  • Ensure compliance with relevant credit control and financial regulations.

Qualifications and Requirements:

  • Bachelor's degree in Finance, Accounting, or a related field.
  • Valid UAE driving License
  • Proven experience in credit control or related financial roles.
  • Strong knowledge of credit risk assessment and credit management principles.
  • Excellent communication and negotiation skills.
  • Proficiency in using financial software and credit management tools.
  • Detailoriented with strong analytical and problemsolving abilities.

Salary:
AED3, AED4,000.00 per month

License/Certification:

  • UAE driving License (required)

Ability to Commute:

  • Abu Dhabi (required)

Ability to Relocate:

  • Abu Dhabi: Relocate before starting work (required)

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