Credit Controller

3 weeks ago


Dubai, United Arab Emirates IFS Full time

Company Description
At IFS you will work in a growing, global enterprise software company built upon committed and empowered colleagues who come to work knowing they are making a difference. We work every day within our single platform and embedded digital innovation to help our customers be their best when it really matters to their customers - at the Moment of Service. We take pride in ensuring that our employees are able to achieve the company goals as well as develop their career. We believe empowered autonomy, committed colleagues and being part of a winning team are the keys to our success and what makes us great

**Job Description**:
We seek a **Credit Controller** to support us with control of the working capital cycle, including AR management and customer engagement for cash collection throughout the Middle East.

Key Duties:

- Developing external relationships with all of IFS’ customers, understanding customer PO and AP approval processes and navigating these to ensure timely collection of receivables.
- Manage IFS data in customer billing portals, ensuring all IFS data is up to date, removing barriers to payment.
- Leading weekly credit control meetings, presenting updates on collection status, agreeing and following up on actions assigned.
- Providing weekly update reports on the latest status of outstanding AR.
- Cash collection forecasting to support the weekly cashflow forecast process.
- Responsible for the accounting of AR transactions, ensuring that entries are posted correctly and in accordance with Group Policy.
- Ensuring that tax (WHT/VAT) is correctly accounted for when raising customer invoices.
- Responsible for the receipt allocation booking in IFS ERP system, ensuring all transactions are captured accurately and within the company reporting deadlines.
- Responsible for ensuring that billing data is correctly captured and reflected in the company’s reporting dashboards.
- WIP conversion forecasting (billing forecast).
- Collaborating with project controls to facilitate the invoicing against customer contracts for projects.
- Working with IFS Support team to ensure that all support contracts are billed on time.
- Follow up internally on forecasted billings to ensure that projects are being invoiced on time.
- Maintain customer account reconciliations, ensuring all customer accounts are accurate and up to date.
- Support annual audit process.
- Lead on future ERP updates/changes related to AR. Being an expert in the IFS ERP system.

**Qualifications**:
Required Experience
- Native Arabic speaker
- Advanced English Proficiency
- Strong communication skills and the ability to build effective relationships with internal and external stakeholders
- A proactive and intentional approach to problem solving.
- A minimum of 5 years experience in a similar role.
- Understanding of accounting and accounting principles.Preferred Characteristics and Experience
- Professional education in business administration, finance or equivalent at a reputed institution or equivalent work experience
- A persistent nature and a willingness to understand and overcome operational challenges/obstacles.
- Ability to understand customer processes and challenges and effectively communicate internally.
- Ability to understand customer and internal processes and navigate both effectively.
- Willing to travel across the region as required to meet customers in person.
- Previous experience in a multinational technology company would be an advantage

Additional Information


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