Credit And Collections Team Leader

Bridgestone EMEA; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the automotive sector is seeking a Credit & Collections Team Leader to enhance financial goals through effective credit management. The ideal candidate will bring extensive experience in credit operations, a degree in finance, and strong analytical skills to build partnerships with various stakeholders. Responsibilities include overseeing credit activities, managing staff, and ensuring compliance with financial policies. This role is essential for maintaining healthy account receivables in a dynamic economic environment.

Qualifications

• Minimum 5 years of supervisory or management experience.
• 7 years of progressive credit experience in a sales or similar environment.

Responsibilities

• Manage credit approval and collections activities.
• Lead and develop a team of credit and collections staff.
• Monitor and report on customer credit risk.

Skills

Excel

PowerPoint

Verbal Communication

Written Communication

Attention to Detail

Education

Bachelors Degree in Accounting, Finance, Business or related field

Tools

SAP

Internet-based programs

MS Office Suite

Credit Rating Tools

Job description

About Us

Bridgestone Americas, Inc. (BSAM), headquartered in Nashville, Tennessee, and Bridgestone Europe, Middle East and Africa (BSEMEA), headquartered in Brussels, Belgium, operate collectively as a Bridgestone West strategic region. This region services the strategic business needs of teams across the Americas, Europe, Middle East and Africa. BSAM and BSEMEA are subsidiaries of Bridgestone Corporation, globally headquartered in Japan. Bridgestone and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products and solutions to address the needs of a broad range of customers and industries.

About Us

Bridgestone Americas, Inc. (BSAM), headquartered in Nashville, Tennessee, and Bridgestone Europe, Middle East and Africa (BSEMEA), headquartered in Brussels, Belgium, operate collectively as a Bridgestone West strategic region. This region services the strategic business needs of teams across the Americas, Europe, Middle East and Africa. BSAM and BSEMEA are subsidiaries of Bridgestone Corporation, globally headquartered in Japan. Bridgestone and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products and solutions to address the needs of a broad range of customers and industries.

About The Role

About the Role

Job Purpose

We are looking for a highly self-motivated and detail-oriented Credit & Collections Team Leader to join our Credit team reporting hierarchically to the Local Finance Director and functionally to Head of Credit EMEA. The Credit Manager is responsible to support the financial goals of Bridgestone MEA and its sales efforts, while maintaining healthy account receivables within the risk requirements of the organization.

The Credit & Collections Team Leader works closely with team members and management to monitor and ensure compliance with credit management laws and policies. This person must be able to initiate, maintain and grow solid relationships with supply chain, sales, and finance teams to assess existing processes and procedures for improvement opportunities related to account management based on company s cash flow requirements and risk appetite.

The Credit & Collections Team Leader must track current market conditions, change based on the general economic situation and the financial requirements of the company in order to provide the business with holistic risk exposure of granting credit.

Responsibilities:

• Manages the activities of credit approval and collections, applies policies and maintains supporting processes and procedures
• Lead, direct, evaluate, and develop a team of credit and collections staff to ensure that the credit and collections activities are conducted effectively and ethically and comply with the organization s policies and standards as well as relevant regulations and laws
• Monitors and reports customer credit risk, recommends credit exposure limits and facilitates special credit arrangements and problem collection accounts
• Negotiates collateral and security arrangements where needed
• Supports collection procedures and fields collection escalations by visiting key clients
• Identifies target accounting to focus on improving payment habits while increasing sales through security transactions
• Manage and prepare dashboards to monitor key performance indicators
• Supervise approval of credit applications
• Secure all necessary procedures required to execute successfully LCs and SBLCs
• Prepare monthly accounts and customer aging reports for the finance department
• Respond to inquiries from customers, and research/resolve outstanding credit issues
• Assist in developing new credit policies and procedures
• Maintain credit invoice and supporting documentation files
• Review A/R ledger and initiate steps to resolve aged invoices/accounts and customer disputes as required
• Perform analytical review and reporting within accounts receivable
• Liaise with functional or operational area managers (for example in sales or customer service) to ensure that credit and collection activities are consistent with the organization s overall customer relations strategy
  
  
  

Qualifications & Experience Required

Education, Master, other certification:

• Bachelors Degree in Accounting, Finance, Business or related field
  
  
  

Experience (years):

• Minimum of 5 years of prior supervisory or management experience
• 7 years of progressive credit experience in a sales or similar environment
  
  
  

Technical Skills:

• Experience in trade finance and extensive knowledge of financial instruments such as LC, SBLC,
• BG, CI
• SAP experience
• Strong Excel and PowerPoint skills
• Advanced Financial Statement analysis
• Proficient in PC skills, accounting software, Internet-based programs, MS Office Suite, especially Excel experience with credit rating tools
  
  
  

Languages Skills:

• English
  
  
  

Soft/Behavioral Skills:

• The ideal candidate has excellent verbal and written communications skills, is also dependable and accountable
• Ability to communicate with all levels within the organization, customers, and vendors
• Ability to maintain accuracy in a very detailed work environment, highly detail oriented
  
  

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