Senior Specialist - Credit

Midis Group; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Midis Group is seeking a Senior Specialist - Credit in Dubai to assess and manage creditworthiness of customers while reducing DSO and managing collections. The role involves coordinating credit insurance reporting, ensuring policy compliance, and maintaining robust credit files.

The senior specialist will work with Sales and other departments to resolve invoicing issues, establish credit limits, and report timely on financial risks.

Qualifications

• 3-5 years of experience in Accounts Receivable / Collections.
• Strong experience in driving the collections process and monitoring AR aging.
• Ability to work cross-functionally to resolve invoicing, documentation and commercial issues.

Responsibilities

• Follow up on collections of accounts receivable and reconcile discrepancies.
• Deal with customer credit issues in coordination with the sales team.
• Prepare balance confirmations and monthly client statements.
• Maintain customer credit files with supporting documents and regular updates.
• Define and evaluate credit limits based on audited statements and market feedback.
• Approve credit lines within insured limits.
• Report adverse information to the insurance company on time per policy.
• Coordinate with departments to resolve unpaid debts and oversee settlements.
• Streamline LC transactions and ensure LC/BG terms compliance.
• Build relationships and visit customers for financial reviews.
• Prepare periodic MIS and data management reports for Credit Manager.

Skills

Collections

Credit evaluation

Credit management

Customer relations

MIS reporting

Education

Bachelor's degree in Finance/Accounting

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 elevate 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.