Credit Officer

Midis Group Kuwait; Dubai; On-site; AED 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a diligent Credit Officer to manage credit policies and enhance accounts receivable performance. This role involves assessing client creditworthiness, ensuring timely collections, and coordinating with various departments to resolve credit issues. The ideal candidate will possess a Bachelor’s degree in Finance or Accounting and demonstrate strong analytical skills. Join a dynamic team and contribute to the financial health of the organization while developing your career in a supportive environment.

Qualifications

• Experience in credit assessment and financial reporting.
• Strong analytical skills and attention to detail.

Responsibilities

• Maximize accounts receivable performance through timely collections.
• Coordinate with sales team on customer credit issues.

Skills

Credit Assessment

Financial Reporting

Risk Mitigation

Customer Relations

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Job description

The Credit Officer is accountable for applying the company credit and collection policies and practices while implementing internal control systems. S / He assesses the creditworthiness of existing and / or prospective clients, examines and reports financial transactions and credit history.

Main Duties and Responsibilities

• Maximize the accounts receivable performance and mitigate risks through timely collections and accurate follow-up on due amounts
• Approve the credit line for small to mid-sized customer accounts within the approved insurance limit
• Deal with customer credit issues in coordination with the sales team and other departments on a regular basis
• Ensure postdated cheques are collected and deposited on time
• Prepare and send the balance confirmation and monthly statements to clients and report on status to concerned
• Build and maintain the customer credit files with the necessary supporting documents and update them regularly
• Coordinate with the sales team on credit actions as and when necessary

Position Requirements

Education

Bachelor’s degree in Finance, Accounting or any other related field

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