Credit Control Consultant

Al-Futtaim Private Company LLC; Riyadh; On-site; SAR 90,000 - 150,000; Full time

Job summary

Al-Futtaim Private Company LLC is seeking a Credit Control Executive to manage credit deals and monitor accounts receivable across brand portfolios. The role involves credit assessments, maintaining customer credit master data in SAP, and ensuring compliance with approval protocols.

You will collaborate with finance and sales teams to resolve collection issues, conduct periodic credit reviews, and prepare monthly AR reports, aiming for timely payments and adherence to SLAs.

Qualifications

• Bachelor's Degree in a relevant field.
• Minimum 2–3 years of experience in Credit as credit analyst.
• Proficiency in Arabic and English (reading and writing).
• Competency with ERP systems such as SAP.

Responsibilities

• Verify supporting documents and ensure validity for credit assessments.
• Prepare credit assessment reports and submit for approval.
• Update credit approval terms in SAP Customer Credit master and maintain tracker.
• Monitor accounts receivable for non-payments and coordinate resolutions with Finance and Sales.
• Prepare monthly AR/credit reports and ensure timely delinquency status reporting.

Skills

Analytical skills

Negotiation

Relationship management

Pressure handling

Education

Bachelor's degree

Tools

SAP

Job description

Overview Of The Role:

The Credit Control Executive is responsible for managing credit deals and monitoring accounts receivables across brand portfolios. This role includes detailed credit assessments, maintaining customer credit master data in SAP, and ensuring compliance with approval protocols. Additional duties encompass proactive monitoring of payment irregularities and collaboration with finance and sales teams to resolve collection issues. The executive will also conduct periodic reviews of credit limits and payment terms, and engage directly with clients as needed.

What You Will Do:

Credit Assessment

• Verify supporting documents and ensure validity and correctness.
• Prepare credit assessment reports and submit for approval.
• Ensure credit approval is completed as per DOA and within SLA timeframes.
• Update credit approval terms in SAP Customer Credit master.
• Maintain credit approval tracker.

Accounts Receivable Monitoring

• Monitor customer account details for non-payments, delayed payments, and other irregularities.
• Follow up with Business Finance and Sales teams for resolution.
• Ensure timely accounting of payments received from customers.
• Monitor unallocated credits and coordinate necessary adjustments with FSSC O2C/Business Finance.
• Develop AR reports and communicate collection issues to senior management.

Credit Review and Field Visits

• Conduct periodic credit reviews of accounts.
• Coordinate with Head of Corporate Credit and Business Heads to maintain adequate credit limits.
• Revise payment terms as necessary.
• Conduct field visits to clients when needed.

Reporting and Analysis

• Prepare monthly reports within 3 working days post month close.
• Timely report delinquent accounts status.
• Ensure 95% of credit assessments are completed within approved SLA.

Required Skills To Be Successful:

• Strong analytical skills and attention to detail.
• Effective negotiation and relationship management skills.
• Proficiency in MS Office applications.
• Ability to work under pressure.

What Qualifies You For The Role:

• Bachelor's Degree in a relevant field.
• Minimum 2 - 3 years of experience in Credit as credit analyst.
• Proficiency in Arabic and English, reading and writing both.
• Competency with ERP systems such as SAP.