Job description

Overview Of The Role:

The Credit Control Executive is a key figure in maintaining efficient receivables management within the Body and Paint division, aiding the Credit Control Manager and Business Unit Finance Manager. The role is crucial for timely collection of dues by streamlining processes, monitoring financial indicators, and dealing with challenging customers. Exposure to sensitive information requires strong judgment and data control skills. Collaboration is essential, working with shared services and department teams to ensure financial risks are mitigated and best practices are followed.

What You Will Do:

• Support Credit Control Manager in reviewing current department processes to suggest optimal processes for timely invoicing and cash collection.
• Prepare, review, and provide MIS reports on receivables by division and customer, offering insights for the Credit Control Manager to identify areas of concern.
• Mitigate risks with Credit Control department collaboration.
• Prepare and report key performance indicators for each division and regularly review with the Credit Control Manager and Business Unit Finance Manager.
• Provide insights to help the Credit Control Manager develop collection strategies and action plans, ensuring execution.
• Liaise closely with Finance Shared Services on debtor reports, accounting, and receivables monitoring.
• Perform monthly preparation and review of reports with Credit Control Manager and BUFM as per agreed timetable.
• Ensure receivables provision submissions are made by deadlines, providing timely insights and reconciliations for disputed customer balances.
• Timely review of customer outstanding dues and collaborate with Credit Control Manager to devise payment plans where necessary.
• Support in reducing overdue percentage by providing strategic insights.
• Provide necessary support to the Credit Control Manager to address difficult customers and overdue payments.
• Create an open and honest work environment promoting teamwork to achieve common business objectives.
• Perform tasks outside the scope of work as required by business demands.

Skills

Required Skills To Be Successful:

• Strong analytical skills to interpret financial data and develop strategic recommendations.
• Ability to lead and coach teams effectively, fostering top performance within diverse groups.
• Proficiency in SAP or other advanced computer applications, illustrating high computer literacy.
• Capacity to engage with all organizational levels, providing clear communication internally and externally.

What Qualifies You For The Role:

• Possess an internationally accredited professional accountancy qualification or a Bachelor of Commerce/Diploma in Accounting Financial Management.
• Minimum of 3 years experience in receivables management, ideally within a large company.
• Prior experience with Parts Dealers business is an added advantage.
• Excellent communication skills, both verbal and written, with knowledge of Arabic as an added advantage.