Credit Controller

LME Trading DMCC; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading trading company in Dubai is seeking a skilled Credit Controller to manage credit risk and collection efforts. The ideal candidate will have a degree in Finance or Accounting and 2-5 years of relevant experience. Responsibilities include monitoring outstanding debts, preparing financial reports, and ensuring compliance with credit policies. Proficiency in SAP and strong Excel skills are essential for success in this role.

Qualifications

• 2-5 years of experience in credit administration or control.
• Fluent in English; good knowledge of Russian is recommended.

Responsibilities

• Monitor overdue payments and follow up with clients.
• Prepare monthly and quarterly Accounts Receivable reports.
• Ensure compliance with the company's Credit Policy.

Skills

Credit control

Debt collection

Reporting

Analysis

Education

University degree in Finance or Accounting

Tools

SAP

Excel

Job description

Job Purpose Summary

The Credit Controller is responsible for close monitoring and accurate reporting of credit risk exposure, as well as the collection process. This role is crucial for minimizing payment delays and alerting to any payment problems.

Primary Accountabilities

Working with customers and vendors on outstanding debts:

• Responsible for close monitoring and reporting of overdue payments;
• Follow-up of overdue cases with counterparties and internally with operators and traders;
• Monitor execution of collection strategies;
• Clear incoming payments and offsets daily.

- Ensure accurate and timely issuance of invoices to/from counterparties;

- Manage reconciliation of client accounts;

• Responsible for generating and collecting interest for late payments;

Reporting

• Daily monitoring of credit exposure reports;
• Preparation of monthly and quarterly Accounts Receivable reports for OAO LUKOIL;
• Contribute to cash-flow forecasts based on expected payment dates from counterparties.

Other Tasks

• Ensure compliance with the company's Credit Policy;
• Assist colleagues in assessing credit exposure and advise on credit limit sufficiency for new trades;
• Participate in ad hoc projects; develop and implement new credit control initiatives;
• Share knowledge and expertise with team members in Credit Control & Credit Risk Management;
• Perform other credit-related tasks as requested by management.

Experience

2-5 years of experience in credit administration, credit control, or accounting (bank, insurance, commodity trading).

Knowledge

Good knowledge of accounting principles;

Proficiency in SAP required;

Strong skills in Windows environment, especially Excel.

Education

University degree in Finance or Accounting;

Fluent in English;

Good knowledge of Russian is recommended.