Group Credit Control Manager

1 week 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 credit policy. Manage and lead cross-functional credit collections team and maximize client collections and minimize bad debts. Report accounts receivable aging and KPIs and govern risk management process across BU's

**Key Responsibilities**
- Create and maintain governance framework to ensure credit control and collection policies are adhered to
- Establish policies, procedures, and appropriate structure to manage credit control and cash collections
- Establish credit policy for pre-approval of credit limits for customers
- Develop process to identify clients that default on payment terms and liaise with Legal/Finance/Operations management to develop standard course of action and escalation process
- Develop accounts receivable aging reports
- Develop Credit Collections dashboard (i.e., accounts receivable balance, bad debt provision and days receivables outstanding)
- Prepare Accounts Receivable and Credit Collection Executive Committee monthly review package
- Lead the credit collection process with defined process and collection targets
- Build relationships with country leads and finance managers to define credit collection escalation process
- Day to day management of credit collection process between Finance/Operations/ BSC (Business Service Center)
- Monitor adhered to credit policy and extension of credit terms
- Work with Operations to improve billing & invoicing cycle
- Develop and monitor accounts receivable collections and fast resolution of issues
- Resolution of aged receivables to minimize bad debts
- Build the recruitment team, optimising talents and growing individuals
- Manage the performance of the team
- Develop and maintain teamwork among all HR teams promoting the sharing of ideas and best practice
- Report non-compliance cases and initiate actions as per 'Managing Capability and Discipline Concerns Policy'
- Bachelor's degree in accounting and/or finance;
- Master's degree in accounting and/or finance preferred;
- Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) or Chartered Accountant preferred
- Demonstrated understanding of Control Frameworks, Business, IFRS, Risk Management
- Knowledge of Internal Audit Best Practices, IFRS, IIA standards and IAS
- Strong interpersonal skills to work sensitively within a multicultural environment
- The ability to multi-task in a fast -paced accounting environment
- Excellent verbal and written communication skills
- Extensive knowledge in Microsoft Office (Word, Excel & PowerPoint)
- Excellent organizational skills
- Working knowledge in ERP Applications (Oracle, SAP, SAGE).

**Salary and Benefits**

Up to 42,000aed per month plus Education


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