Credit Control Officer
5 months ago
Credit Control Officer M/F
**Company**:
Marsh
**Description**:
We are looking for a:
**Credit Control Officer M/F**
based in Dubai
**The "big picture"**:
- Budget targets for Bad debts and DRO improvements
- Supervise a skilled credit control team who support our client-facing colleagues with collections and reconciliation
- Ownership and accountability for credit control and counterparty management oversite of broker and reinsurers to ensure portfolio performance
- Build relationships with Marsh colleagues from multiple offices and drive continuous improvement
- Work closely with the Portfolio Specialist and be responsible for communicating feedback within your team and supported offices, identifying trends, evaluating/resolving any escalated service issues, and playing a key role in the growth of the department
**We will count on you to**:
- Manage the Credit Control and Cash Allocation team (5/6 people based in Mumbai)
- Take ownership and accountability for credit control and counterparty management oversite of broker and reinsurers to ensure portfolio performance
- Monitor reinsurance premium payments to ensure contractual obligations are met and reinsurers remunerated for cover afforded
- Review and evaluation of contract terms to ensure due dates are captured allowing timely recovery of reinsurance balances
- Perform evaluation of actual vs estimated premium and Revenue Collection
- Liaise with Reinsurance Accounting Management team, underwriting lines of business, claims, Brokers and Reinsurers to resolve queries
- Establish and own Broker and Reinsurer meetings to drive cash collection
- Secure monthly reporting into Group Finance and back to underwriting team to seek agreement and understanding of all material movements
- Reconcile receivable balances between related parties books
- Ensure compliance with the Finance month/quarter/year-end deadline requirements
- Share knowledge on portfolio handling across Reinsurance accounting team to ensure business continuity
- Support key departmental initiatives and projects such as change in core reinsurance systems, control and process enhancement and admin development
- Analyse Aged Debt to ensure reduction in >30-day debt and prevention of further debt deterioration
- Conduct portfolio analysis of reinsurer exposure, Reinsurer and Broker payment performance as well as program and line of business performance
- Deliver team training on credit control and counterparty management practice and procedure
- Manage NOC protocol
**People Management**:
- Manage day to day performance of team members and monitor KPIs
- Provide timely feedback and create action plan for improvement
- Formulate training and development plan for the team
- Assess high performers and develop career or growth paths. Plan technical / managerial certification or training
- Ensure technical competency is achieved for resources executing specialized processes
**Stakeholder Management and Communication**
- Manage internal and external stakeholders. Ensure timely delivery of outputs and
- escalation guidelines to highlight gaps in performance or delays
- Ensure timely and accurate handling of client / insurers escalations, queries or issues.
- Adherence to communication document to close the loop and maintain transparency
- Produce reports to measure performance and highlight gaps for non-adherence upstream or downstream functions
**Continuous Improvement**
- Challenge the current state and identify process improvement opportunities, perform process value analysis and
- Analyze current performance gaps and formulate corrective and preventive actions
- Assess escalations and complaints from stakeholders and perform root cause analysis. Formulate action plan to reduce or eliminate the same
- Benchmark performance and set improvement goals on a quarterly and yearly basis for the team
**What you need to have**:
- +5 Years' Experience in Region Re-Insurance Industry
- Strong communication skills - you will speak to leaders and collaborate with client teams who are remote, so effective verbal and written communication is key
- Good organizational and time management skills to multi-task and work effectively under pressure to meet deadlines
- Intermediate Microsoft Office proficiency - knowledge of basic Excel formulas, pivot tables, PowerPoint and Outlook
- Navins tool knowledge is a nice to have
- Managerial aptitude - desire to coach, mentor, and develop the team you are supervising
- Ability to work and adjust in a fast-paced and dynamic environment as needed in order to support the needs of the business
**About us**:
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one "anchor day" per week on which their full team will be togethe
-
Credit Control Officer
2 months ago
Dubai, United Arab Emirates Admiral Safety Consultants Full time**Job Title**: Credit Control Officer **Company**: Admiral Safety Consultants **Location**: UAE **About Us**: Admiral Safety Consultants has been a leading provider of third-party safety inspections in the UAE for the past nine years. We are dedicated to ensuring safety compliance and delivering high-quality inspection services. **Key...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates One World Rental - Global Technology Hire Full time**Job Description: Accounts Receivable / Credit Controller** One World Rental is a leading global IT rental company specializing in providing a wide range of IT and technology equipment for Business and Corporate Events Industry, from Computers and Tablets to AV, WiFi, and Staffing solutions worldwide. With international offices and a commitment to growth,...
-
Credit Controller
1 month ago
Dubai, United Arab Emirates Thomsun Group Full time**Key Responsibilities**: - Manage and monitor trading accounts, ensuring all credit limits and terms are adhered to. - Review and assess customer creditworthiness, adjusting credit limits and terms as needed. - Conduct credit checks and ongoing risk assessments for new and existing clients. - Oversee the invoicing process to ensure accurate and timely...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates One World Rental - Global Technology Hire Full timeOne World Rental is a leading global IT rental company specializing in providing a wide range of IT and technology equipment for Business and Corporate Events Industry, from Computers and Tablets to AV, WiFi, and Staffing solutions worldwide. With international offices and a commitment to growth, we seek a dynamic and motivated Accounts Receivable / Credit...
-
Credit Controller
1 month ago
Dubai, United Arab Emirates Chart Industries Full timeCredit Controller **Location**: Dubai, Jebel Ali Freezone, United Arab Emirates, N/A **Company**: Chart Industries **_Ensuring Chart’s Success _** Howden, a Chart Industries Company, is a global leader in air and gas handling products, services and solutions. Howden’s core focus is on providing quality solutions for air and gas handling, and have...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates Pristine Technologies Full timeMKV Luxury Car Rental is seeking a highly organized and detail-oriented Credit Controller to join our growing team. In this role, you will be responsible for managing the credit control process for our car rental business, ensuring timely payments from our customers. **Responsibilities**: - Process car rental invoices and statements accurately and...
-
Credit Controller
2 months ago
Dubai, United Arab Emirates SAFE PIERCING MEDICAL EQUIPMENTS LLC Full timeWe are seeking a skilled Credit Controller to manage the company’s credit and collections processes with precision. In this role, you will oversee the collection of outstanding debts, assess new credit requests, and ensure that our accounts are maintained accurately. Your primary goal will be to optimize cash flow and minimize bad debt risk, thereby...
-
Credit Controller
2 days ago
Dubai, United Arab Emirates Starlink Full timeCredit Controller Job Description We are looking to hire an experienced credit controller to expertly manage the debts of our company. As a credit controller, you will be responsible for collecting debts from our company debtors, evaluating new credit requests, ensuring timely payments of company debts, processing invoices, maintaining the sales ledger, and...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates GRAND STORES LLC Full timeWe are seeking a detail oriented and proactive Credit Controller to join our company. As a Credit Controller, you will be responsible for managing the credit policies and procedures of our company, ensuring timely payments from clients, and minimizing credit risk. **Qualifications**: - Bachelor's degree in Finance, Accounting, or related field. - Proven...
-
Credit Controller
7 hours ago
Dubai, Dubai, United Arab Emirates Walters People Full timeBinnen onze organisatie Walters People heeft u de mogelijkheid om je te ontwikkelen als Credit Controller. In deze functie beheert u een specifiek debiteurenportfolio, telefoneert u met niet-betalende klanten en ondersteunt u de Teamleader Credit&Collections bij ad-hoc taken.Het ideale profiel voor deze positie is een eerste ervaring in debiteurenbeheer en...
-
Credit Controller
1 month ago
Dubai, United Arab Emirates Jumbo Electronics Dubai Full time**Credit Control Management**: - Monitor and manage the group’s credit control processes. - Review and assess credit limits for new and existing clients. - Ensure timely and accurate invoicing of clients. - **Collections and Follow-Up**: - Contact customers to follow up on overdue invoices and resolve payment issues. - Develop and maintain relationships...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates Seekers HR Full timeAs a Credit Controller with 1-2 years of experience, you will play a vital role in managing our organization's credit and collections process. You will work closely with the finance and sales teams to maintain accurate records, assess credit risk, and implement effective credit control procedures. This role requires strong communication skills, attention to...
-
Credit Controller
2 months ago
Dubai, United Arab Emirates Vista Global Full timeJob Profile: Vista integrates a unique portfolio of companies offering asset-free services to cover all key aspects of business aviation: guaranteed and On Demand global flight coverage; aircraft leasing and finance; and cutting-edge aviation technology. Reporting to the APAC/ME Accounts Receivable Supervisor, we're on the lookout for a Credit Controller to...
-
Credit Controller
3 months ago
Dubai, Dubai, United Arab Emirates Fmcg, Construction, Holdings, banking etc Full time 8,000 - 15,000 per monthTitle: Credit ControllerJob Description:Seeking a position as a Credit Controller, Accounts Receivable Specialist, Debt Collection Supervisor, or Credit Manager. I bring over 15 years of expertise in this field. Currently based in Qatar, I am looking to transition to a role in the UAE.Professional Highlights:Extensive experience in managing credit control...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates Albaddad capital Full timeJob Summary The Credit Controller is responsible for managing the company's credit accounts. They will work with customers to ensure that payments are made on time and in full, and they will also work with the sales team to assess credit risks and approve new accounts. **Responsibilities**: - Manage the company's credit accounts, including sending...
-
Credit Controller Specialist
24 hours ago
Dubai, Dubai, United Arab Emirates NTT Ltd Full timeAre you a seasoned accountant with expertise in financial management and control?NTT Ltd is seeking a highly skilled Senior Accountant to join our team and lead our credit management efforts.The ideal candidate will possess a Bachelor's degree in Accounting or Finance and have at least 3 years of experience in credit control and collections.Proficiency in...
-
Credit Controller
4 months ago
Dubai, United Arab Emirates GRAND STORES LLC Full timeMust 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 Controller
2 months ago
Dubai, United Arab Emirates Venture Search Full timeWe are representing an international oil trading firm seeking a credit controller to join their team. Payments and Overdue Management Process and apply incoming payments daily for the company, ensuring alignment with corresponding invoices or proforma invoices. Reach out to clients for payment confirmations when necessary. Monitor overdue receivables...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates GCG Enterprise Solutions Full timeCompany Description Established in 1982, The Digital Imaging & Office Services Solutions of Gulf Commercial Group was created to become a leading office automation solutions provider for the thriving UAE market. By embracing the printing industry’s phenomenal digital transformation over the years, ‘GCG-DDS’ developed a natural proclivity for new...
-
Credit Controller
5 months ago
Dubai, United Arab Emirates GRAND STORES LLC Full timeMust 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...