Credit Officer

Madi International; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A financial services company in Dubai is seeking a Credit Officer responsible for managing order approvals and client accounts. The ideal candidate will be fluent in Arabic and have strong analytical skills, with prior experience in credit control or finance. This role involves ensuring compliance with the company's credit policy and maintaining accurate financial records.

Qualifications

• Prior experience in credit control, finance, or a related field preferred.
• Ability to manage multiple tasks effectively.

Responsibilities

• Process order approvals in line with the company's credit policy.
• Manage the activation of new accounts and coordinate with the Accounts Department.
• Collect and maintain client documents and conduct quarterly reviews.
• Ensure proper documentation for all granted credit facilities.
• Prepare and review monthly aging reports.

Skills

Fluent in Arabic (spoken and written)

Strong communication skills

Strong analytical skills

Attention to detail

Ability to work independently

Proficiency in accounting or financial software

Job description

The Credit Officer is responsible for processing order approvals in line with the company's credit policy, ensuring that all transactions comply with established guidelines. Additionally, they manage the activation of new accounts, determining the appropriate payment method based on the provided documentation. The role also involves coordinating with the Accounts Department to ensure proper allocation of payments received from customers, maintaining accuracy in financial records and account management.

Key Responsibilities

Client Database Management

• Collect, verify, and maintain client documents and records, both in hard and digital copies
• Conduct quarterly reviews and updates on the existing client database

Credit Facility Administration

• Ensure proper documentation for all granted credit facilities, including any exceptions and necessary approvals

Orders Approval

• Process approvals for daily sales orders based on the company's credit policy
• Address sales team inquiries and resolve related issues promptly
• Maintain clear communication with the sales team regarding unsettled client transactions

Account Creation

• Create and manage new client accounts (Cash/Credit) in compliance with the company's credit policy and within the designated timeframe

Aging Report Management

• Prepare, share, and review monthly aging reports
• Escalate errors to Accounts Receivable (AR) for proper allocation

Additional Responsibilities

• Assist employees (sales team) with inquiries and issue resolution
• Perform other related duties as assigned by the Line Manager

Requirements

• Fluent in Arabic (spoken and written) with strong communication skills
• Prior experience in credit control, finance, or a related field is preferred
• Strong analytical skills and attention to detail
• Ability to work independently and manage multiple tasks effectively
• Proficiency in relevant accounting or financial software is a plus