Credit Controller

Exclusive Networks; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading company in Riyadh is seeking a skilled Credit Controller to oversee their financial operations. The ideal candidate will manage debt collections, conduct client credit assessments, and implement effective credit management policies. A Degree in Accounting/Finance and fluency in Arabic are mandatory.

Qualifications

• Minimum of 3 years in credit management or related field.
• Proficient in analyzing financial statements.
• Strong verbal and written communication skills.

Responsibilities

• Manage and collect debts from company debtors/partners.
• Prepare bi-monthly forecasts and report on collection activities.
• Conduct client credit checks and ensure policies are followed.

Skills

Fluent Arabic

Analytical Skills

Communication Skills

Education

Degree in Accounting / Finance

CMA qualification

Job description

DUTIES AND RESPONSIBILITIES About the role

Our company is seeking an experienced Credit Controller to lead our accounting department. The successful candidate will be responsible for managing financial operations and ensuring that all financial transactions are processed accurately and timely.

As a Credit Controller, you will:

1. Recovery and Collection
2. Report on collection activity & accounts receivable status
3. Manage and collect debts from company debtors/partners
4. Respond to client inquiries
5. Approve quotes & sales orders for invoicing
6. Prepare bi-monthly forecasts
7. Liaise with customers and the sales team
8. Manage PDC collection & management
9. Identify and allocate bank receipts
10. Resolve invoice payment issues and reconcile customer accounts
11. Report outstanding issues to management and highlight potential debtor problems
12. Identify credit risks & exposure
13. Monitor accounts for outstanding debts
14. Assist in the LC process & negotiations
15. Assist in annual audit preparations related to credit management
16. Assist in preparing HSBC Lines (TWC + Import Lines)

Credit Management

1. Prepare new credit requests and conduct client credit checks
2. Archive documents & manage database
3. Ensure credit & collection policies & procedures are followed within the team

KPI's

1. Collection Effectiveness Index (CEI)
2. Average Age of Debt or Days Sales Outstanding (DSO)
3. Payment commitments

QUALIFICATIONS AND EXPERIENCE About you

• A Degree and/or Certification in Accounting / Finance is required; CMA qualification preferred
• Fluent Arabic speaker (Mandatory)
• Strong verbal and written communication skills
• Excellent analytical and critical thinking abilities
• Proficient in analyzing financial statements
• Experience managing the collection cycle for healthy cash flow
• Minimum of 3 years in credit management or related field
• Well organized, proactive, and committed to task completion
• Ability to collaborate effectively with business leaders and colleagues

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