Credit & Collections Team Leader-AME

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

Job summary

A leading tire manufacturer in Dubai is seeking a Credit & Collections Team Leader. This role involves managing credit approval and collections while leading a dedicated team to ensure compliance with credit policies. The ideal candidate will possess a Bachelor's degree in finance or related fields, along with over 5 years of supervisory experience and strong skills in financial instruments and reporting. You will thrive in a dynamic work environment dedicated to fostering team growth and innovation.

Benefits

Engaging onboarding experience

Professional development opportunities

Corporate Social Responsibility activities

Dynamic work environment

Work/life effectiveness initiatives

Diverse and inclusive team

Qualifications

• Minimum of 5 years of supervisory or management experience.
• At least 7 years of credit experience in sales or similar environments.
• Fluent in English and Arabic.

Responsibilities

• Manage credit approval and collections activities.
• Lead and develop a team of credit staff.
• Monitor customer credit risk and recommend limits.
• Negotiate collateral arrangements.
• Prepare monthly accounts and customer aging reports.

Skills

Trade finance knowledge

SAP experience

Excel skills

Financial Statement analysis

Communication skills

Education

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

Tools

MS Office Suite

Credit rating tools

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 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

• 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 & Arabic

Soft/Behavioral Skills

• The ideal candidate has excellent verbal and written communications skills, 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.