The role includes credit investigation & assessment, credit hold management & order release; collections follow up & escalation; query & dispute resolution; customer visits; escalation to collection agencies and legal counsel; liaison with commercial, finance & reporting teams; compliance activities.

The portfolio is Trane Saudi Arabia: sales from local offices across the country, including Trade Finance activities.
Responsibilities: 
 

• Gather necessary information for credit assessment and payment terms approval; support the regional manager with decisions about credit risk & cash flow.

  
  

• Support credit assessment of new and existing customers and approve credit limits in line with Limits of Authority assigned to the role.

  
  

• Provide information on credit checking and order holds and releases on timely basis. Notify manager of significant issues impacting collection of outstanding receivables

  
  

• Responsible for the collection and the maintenance of account receivables with particular attention to Trade Finance requirements: review & validate payment instruments such as Letters of Credit, Promissory Notes, monitor & escalate risk of discrepancies, gather & present documents, prepare specific Trade Finance reporting.

  
  

• Follow & optimize collection protocol for the portfolio: monthly statement of account, pre-calling record customer feedback, register promise to pay, follow up on tasks and broken promises, send dunning letters, arrange customer visits, escalate to manager and to commercial team, etc.

  
  

• Ensure funds are correctly applied to the relevant customer account and invoices; keep unapplied cash to the minimum. Support the cash application team as and when needed.

  
  

• Prepare reports as per monthly schedule and on ad hoc basis for the credit and financial functions

  
  

• Expedite resolution of customer disputes & queries by linking with Sales/Order Management/Warranty as required.

  
  

• Informing management regarding effectiveness of strategies for various accounts.

  
  

• Promote a culture of continuous process improvement and collaborate actively internal stakeholders.

  
  

• Support the Credit Centre of Excellence for major credit reviews for all customers whenever required.

  
  

• Ensure compliance with Corporate and Local credit policies and other compliance requirements such as Trade Compliance, Sarbanes Oxley, etc.

  
  

Qualifications:

• University Degree in Business, Finance, Accounting or similar field.

  
  

•  Minimum 3-year experience in Credit & Collection or similar role

  
  

• Good understanding of commercial credit and collection practices and knowledge of financial analysis.

  
  

• Strong proficiency in Microsoft Excel & Outlook

  
  

• Hands-on work experience in credit and collection, preferably with an experience from a manufacturing, contracting or construction background with good reconciliations skills.

  
  

• Experience of working on Letters of Credit and Promissory Notes

  
  

• Good accounting background & financial knowledge in order to drive account reconciliation during the customer visits, helping boost up collections.

  
  

•  Good ERP knowledge with excellent MS office skills

  
  

• Good communication (verbal/written) skills & good negotiation skills - articulate & confident enough to push back customers raising in genuine disputes.

  
  

• Saudi National is a must.

  
  

Key Competencies: 
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.