Credit and Collections Team Leader

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

Job summary

A leading tire and rubber company in Dubai is seeking a Credit & Collections Team Leader to oversee the credit management process. The ideal candidate will have over 5 years of supervisory experience and extensive knowledge of financial instruments. This role involves managing a team, ensuring compliance with credit policies, and preparing financial reports. Bridgestone offers a supportive work environment with growth opportunities through mentorship and training. Join us to contribute to our mission of creating safer and sustainable mobility.

Benefits

Supportive onboarding experience

Training and mentorship opportunities

Corporate Social Responsibility activities

Dynamic work environment

Work/life effectiveness

Diverse and inclusive team

Qualifications

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

Responsibilities

• Lead and develop a team for effective credit and collections.
• Monitor and report customer credit risk.
• Negotiate collateral and security arrangements.
• Prepare monthly accounts and customer aging reports.
• Liaise with functional or operational area managers.

Skills

Trade finance experience

Financial instruments knowledge (LC, SBLC)

SAP experience

Strong Excel and PowerPoint skills

Advanced Financial Statement analysis

Proficient in MS Office Suite

Credit rating tools experience

Education

Bachelor's Degree in Accounting, Finance, Business or related field

Job description

About the Role

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 companys 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 organizations 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 organizations overall customer relations strategy

Qualifications & Experience Required

Education & Other Certifications

• Bachelor's 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

What we offer

At Bridgestone what really matter is to foster co-creation opportunities and empowering you to be creative and curious to make mobility safer more efficient and more sustainable for future generations. Whatever role you fill when you represent Bridgestone you are a valued teammate and part of our larger mission to Serve Society with Superior Quality for that we offer you more than just a competitive payment; we will provide you:

• A supportive and engaging onboarding experience to ensure a smooth transition into our team.
• The opportunity to develop and grow through training and regular mentorship.
• Corporate Social Responsibility activities.
• A truly global dynamic and challenging work environment.
• Agility and work/life effectiveness and your long-term well-being.
• A diverse and inclusive team.