Senior Specialist - Credit

Midis Group; Abu Dhabi; Presencial; AED 180 000 - 300 000; Tempo integral

Resumo da oferta

Midis Group in Abu Dhabi is seeking a Senior Specialist - Credit to evaluate creditworthiness of customers and manage collections, aiming to reduce DSO and credit risk.

You will handle credit lines, insurance timelines, and ensure compliance with insurance policy, while coordinating with sales and other departments. A Bachelor’s degree in Finance or Accounting and 3–5 years of AR/collections experience are required.

Qualificações

• Bachelor’s degree in Finance, Accounting or related field.
• 3–5 years of experience in a similar Accounts Receivable / Collections role.
• Strong experience in driving the collections process, monitoring accounts receivable ageing, and establishing clear action plans for overdue accounts.

Responsabilidades

• Follow up on collection of accounts receivable, ensure reconciliation, resolve discrepancies and escalate any irregularities to the Credit Manager.
• Deal with customer credit issues in coordination with the sales team and other departments on a regular basis.
• Prepare and send the balance confirmation on a quarterly basis and statements to clients on a monthly basis.
• Build and maintain the customer credit files with the necessary supporting documents and update them regularly.
• Define and evaluate the credit limit for all customers based on their audited financial statements, market feedback, other asset values and appraisal of new and old customers.
• Approve the credit line for the customers within the approved insured limit.
• Comply with the reporting timelines and ensure immediate reporting of adverse information to the insurance company to avoid breach of insurance policy.
• Coordinate with other departments in resolving all issues related to unpaid debts and oversee legal proceedings and related settlements.
• Streamline LC transactions and ensure the compliance of LC/BG T&C to avoid discrepancies and timely closure of LC/BG payments from banks with minimized financial costs and eliminated risks.
• Build sound relationships and conduct regular visits to customers managing their accounts and collecting information for financial reviews.
• Prepare periodic MIS and data management reports to the Credit Manager.

Formação académica

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

Descrição da oferta de emprego

Job description

Job Title

Senior Specialist - Credit

Job Scope

The Senior Credit Officer is accountable for evaluating and developing the creditworthiness of existing and new customers. S/He will be responsible for collections, reducing the credit risk and DSO. S/He will also manage the credit insurance timeline reporting, ensure compliance with the insurance policy and obtain sufficient insurance coverage.

Main Duties and Responsibilities

• Follow up on collection of accounts receivable, ensure reconciliation, resolve discrepancies and escal​ate any irregularities to the Credit Manager
• Deal with customer credit issues in coordination with the sales team and other departments on a regular basis
• Prepare and send the balance confirmation on a quarterly basis and statements to clients on a monthly basis
• Build and maintain the customer credit files with the necessary supporting documents and update them regularly
• Define and evaluate the credit limit for all customers based on their audited financial statements, market feedback, other asset values and appraisal of new and old customers
• Approve the credit line for the customers within the approved insured limit
• Comply with the reporting timelines and ensure immediate reporting of adverse information to the insurance company to avoid breach of insurance policy
• Coordinate with other departments in resolving all issues related to unpaid debts and oversee legal proceedings and related settlements
• Streamline LC transactions and ensure the compliance of LC/BG T&C to avoid discrepancies and timely closure of LC/BG payments from banks with minimized financial costs and eliminated risks
• Build sound relationships and conduct regular visits to customers managing their accounts and collecting information for financial reviews
• Prepare periodic MIS and data management reports to the Credit Manager

Position Requirements

Education

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

Experience

3–5 years of experience in a similar Accounts Receivable / Collections role.
Strong experience in driving the collections process, monitoring accounts receivable ageing, and establishing clear action plans for overdue accounts.
Strong coordination skills, with proven ability to work cross-functionally to resolve invoicing, documentation, and commercial issues that may delay payment.