Collection Manager
5 months ago
**Position Overview**:
**Key Responsibilities**:
**1. Credit Management**:
- Develop, implement, and maintain credit policies and procedures.
- Assess the creditworthiness of potential customers through financial statement analysis, credit reports, and other relevant data.
**2. Collections**:
- Oversee the collection process to ensure timely payments and reduce delinquency rates.
- Develop and implement effective collection strategies and tactics.
- Handle complex collection cases and negotiate repayment plans with customers.
**3. Reporting and Analysis**:
- Prepare regular reports on credit and collections performance, including key metrics such as DSO (Days Sales Outstanding) and bad debt ratio.
- Analyze trends and provide insights to senior management for decision-making.
- Utilize financial analysis to forecast and manage cash flow.
**4. Customer Relations**:
- Maintain strong relationships with key customers to facilitate smooth credit and collections processes.
- Address customer inquiries and disputes promptly and professionally.
- Work closely with sales and customer service teams to resolve issues and improve customer satisfaction.
**5. Compliance and Risk Management**:
- Ensure compliance with all relevant laws and regulations related to credit and collections.
- Identify potential risks and implement mitigation strategies.
- Regularly review and update credit and collections policies to align with industry best practices.
**Qualifications and Skills**:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- 5 - 7 years of experience in credit and collections management, preferably within the UAE.
- Strong understanding of credit analysis and collection techniques.
- Proficient in financial analysis and reporting.
- Strong negotiation, communication, and interpersonal skills.
- High level of integrity and attention to detail.
- Proficiency in ERP systems and Microsoft Office Suite, particularly Excel.
- Ability to work under pressure and meet tight deadlines.
**Preferred Qualifications**:
- Experience in a start-ups or mid level organization.
- Knowledge of UAE-specific credit laws and regulations.
- Fluency in Arabic is a plus.
Pay: AED5,000.00 - AED11,000.00 per month
Application Question(s):
- How many years of credit collection experience in UAE?
- What is your current compensation package?
- What is your notice period?
**Education**:
- Bachelor's (preferred)
**Experience**:
- credit collections: 3 years (required)
**Language**:
- Arabic (preferred)
Willingness to travel:
- 25% (preferred)
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