CREDIT CONTROLLER (IMMEDIATE HIRING)

Confidential Company; United Arab Emirates; On-site; AED 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dynamic credit controller to enhance their finance department. This role involves managing credit control processes, assessing customer creditworthiness, and ensuring timely payments. The ideal candidate will have a bachelor's degree in finance or accounting and at least 3 years of experience in credit management within the UAE. Join this innovative firm and contribute to their financial success by developing strategies to minimize late payments and maintaining strong customer relationships.

Qualifications

• 3+ years of experience in credit management in UAE.
• Strong analytical skills for assessing creditworthiness.

Responsibilities

• Monitor credit control processes and ensure compliance with policies.
• Evaluate creditworthiness and set appropriate credit limits for customers.

Skills

Credit Control Management

Financial Analysis

Customer Relationship Management

Negotiation Skills

Education

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Job description

Job Description

We are looking for a highly efficient and dynamic credit controller for our finance department.

Job Role & Responsibilities:

1. Monitor and manage the credit control processes, ensuring adherence to company policies and procedures.
2. Evaluate and assess the creditworthiness of new and existing customers through financial analysis, credit checks, and payment history review.
3. Set appropriate credit limits for customers based on risk assessment and maintain accurate credit files and records.
4. Monitor customer accounts to ensure timely payments and address any payment delays or discrepancies promptly.
5. Engage with customers to establish payment plans, negotiate payment terms, and resolve billing inquiries or disputes.
6. Develop and implement strategies to minimise late or non-payment by customers, including initiating collection actions and negotiating payment plans.
7. Generate regular reports on accounts receivable, collections, and credit risk to management, highlighting areas of concern or improvement opportunities.
8. Stay updated on industry trends and best practices related to credit control and propose process enhancements or system improvements when necessary.
9. Maintain strong relationships with customers, providing excellent customer service and addressing their queries or concerns related to credit matters.

Desired Candidate Profile

• A bachelor’s degree in finance, accounting, or a related field.
• 3+ years of experience in managing credit and accounts receivables or in a similar credit management role in UAE.
• Driving license is a mandatory requirement.