Ar & Credit Control Supervisor
1 week ago
Reference Code: 68948
**AR & Credit Control Supervisor**:
Richemont
Dubai, DU, AE
Permanent
Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
**JOB TITLE** **AR & Credit Control Supervisor
**REPORTING TO **Reporting & Accounting Manager
**LOCATION **Dubai
**MAIN PURPOSE**
The AR & Credit Control supervisor has an essential role towards maintaining the organisation healthy cash flow. The role requires building strong relationship with Maisons and clients to ensure a smooth running of the accounts.
- The AR Supervisor is responsible in overseeing the day-to-day operations and strategic goals of the accounts receivable cycle across all channels through management, maintenance, implementation, and design of all accounts receivable and credit control policies, procedures and functions of the unit while ensuring Maisons, customers’satisfactions.
- Maintain a healthy trade receivable within the targeted DSO
- Supervise and ensure timely collection, verification, allocation and recording of transactions, resolve late or skipped payments, and secure client payments
- Design and maintain reports with essential information to achieve strategic goals of the company
- Build and maintain strong relationships with clients and Maisons to ensure the smooth running of accounts
**KEY RESPONSIBILITIES**
**Management**
- Oversee the team performance and and lead them to achieving set goals and growth
- Define and monitor individual team member’s MBO
- Facilitate regular performance assessment and feedback to team members
- Hone potentials and institute appropriate measures for non-performing staff
- Recruiting and training staff members
- Manage workload assignments and delegations of the AR & CC Team; and the required orientation to fulfill assigned tasks and provide support when needed
**Accounts Receivable**
- Oversee the full companies AR and proactively initiate corrective actions
- Process, verify, and post receipts for goods sold and services rendered (retail, e-commerce and wholesale)
- Maintain records regarding payments and account statuses
- Review account information, correct discrepancies, and ensure that accounts are properly billed and that any missed payment issues, gets resolved in a timely manner
- Obtain information from Maisons/other departments to ensure records are accurate and complete and that accounts receivable ledgers and journals are up-to-date.
- Perform administrative and clerical tasks, such as data entry in SAP, prepare manual invoices or credit notes, send SOA and payment reminders, and contact clients to discuss their accounts
- Secure Lettter of Credit from the identified Customers before releasing any sales orders
- Perform account reconciliations and maintain accounts receivable files and records
- Create and maintain comprehensive ageing and credit reports to Management and/Maisons for appropriate actions/response to matters requiring attention (escalation, blocking, Partner negotiations, etc..)
- Investigate and resolving any irregularities or enquiries
- Assist in the general ledger analysis of related accounts
**Credit Control**
- Take a proactive role in managing and collecting debts
- Propose and support and validate negotiation of repayment plan across all Maisons
- Review accounts, client payments, credit history, and work closely with Maisons to manage any risks
- Monitor debtor balances to ensure reduction in DSO
- Evaluate new credit requests, including checking credit ratings, deciding whether to allow credit to a debtor and advising on credit limits
- Manage credit limits, calculate and propose adjustments regularly and when needed to be set-up in the system for automated sales order blocking
- Monitor and review hold sales orders, propose authorization of delivery (AOD) to designated approvers
- Assess and escalate bad debts
- Escalate to the Maison any due amounts requiring payments
- Do credit checks for any consignment requests
**Other functions**
- Cash flow forecast: own the receivable part of the forecast in coordination with Maisons, customers and FP&A teams to provide Treasury with reliable estimate
- Participate or lead projects and automation (new mode of payments, retail openings, wholesale openings, integrations, etc..)
- Lead continuous improvement initiatives for his/her department and encourage the same with peers
- Perform regular tests on controls as per ICS requirements
- Assist internal and external auditors, implement recommendations (if any), and take corrective action/s when required
**STAKEHOLDERS**
- Finance and Manageme
-
Credit Controller
7 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
3 weeks ago
Dubai, United Arab Emirates Bright Spark Auto Repairing LLC Full timeDirect the AR team and debt collectors to follow up on outstanding payments and collections through ageing analysis. - Determine the credit worthiness of all new clients to obtain approval from Senior Management for setting up new accounts. - Responsible to track customer documentation approaching expiry by organize collection of renewed paperwork from...
-
Credit Controller
5 days ago
Dubai, United Arab Emirates Al-Futtaim Full timeEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across...
-
Credit Controller
2 weeks ago
Dubai, United Arab Emirates GMG Full time**About GMG**: GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health,...
-
Global Credit Controller
2 weeks ago
Dubai, United Arab Emirates Inspire Selection Full timeOur British plc client is looking for an experienced Global Credit Controller. The regional headquarters is in the UAE. **Responsibilities divided into 2 areas**: - Globally_ (covering Middle East, Asia, Europe, Americas, Africa): - Drive effective and timely collections across global offices - Monitor global bad debt position throughout the month -...
-
Credit Controller
2 weeks ago
Dubai, United Arab Emirates IFS Full timeCompany 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...
-
Junior Credit Controller
4 days ago
Dubai, United Arab Emirates Organic Foods and Cafe Full timeWe are looking for a proactive and meticulous Junior Credit Controller/Receivables Accountant to join our organization. **Main Duties: - ** - Assist in the setting up of the credit control system - Ensure that debts are paid in a timely manner - Meet cash & debtor day targets set by the firm - Identify changes in payment patterns and propose action to...
-
Credit Controller
7 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 Control Executive
7 months ago
Dubai, United Arab Emirates Al-Futtaim Full timeEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more...
-
Ar. Credit
3 months ago
Dubai, United Arab Emirates BRF Full timeHave you ever imagined to be part of one of the biggest food companies in the world? Nourish life is our commitment. This is not limited to food production - it extends to projects, initiatives and causes we embrace. In order to deliver quality products, we have a team dedicated to innovating every day. We have more than 90,000 employees worldwide. A large...
-
Credit Controller
6 months ago
Dubai, United Arab Emirates NTT Full timeNTT is a leading global IT solutions and services organisation that brings together people, data and things to create a better and more sustainable future. In today’s ‘iNTTerconnected’ world, connections matter more now than ever. By bringing together talented people, world-class technology partners and emerging innovators, we help our clients solve...
-
Credit Controller
5 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
7 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
2 weeks ago
Dubai, United Arab Emirates Inspire Global Consulting LLC Full time**Credit Controller for F&B Industry **in Dubai on urgent basis is required. 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...
-
Credit Controller
4 months 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
3 months 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
2 weeks ago
Dubai, United Arab Emirates Al Hafsar Trading Group and Co. Full timeWe are looking to hire an experienced credit controller to expertly manage the debts of our company. **Credit Controller Responsibilities**: - Evaluating new credit requests and conducting client credit checks. - Managing and collecting debts from company debtors. - Setting up the terms of credit for new clients. - Negotiating payment plans. - Managing the...
-
Credit Controller
7 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
7 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
7 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...