National Credit & Collection Manager

Olayancareer; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading finance company in Riyadh is looking for an experienced Finance Manager to oversee collections and drive improvements in DSO. The ideal candidate will have at least 10 years of experience, including 3 years in a leadership role, and a bachelor's degree in a relevant field. Key responsibilities include managing collector teams, ensuring invoice delivery targets are met, and facilitating problem resolution with customers.

Qualifications

• 10 years of work experience & a proven collection track - with minimum 3 years in leadership position.
• Bachelor degree in accounting, finance or any business related concentration.
• Proficient at Microsoft Excel, Good negotiator, self-initiator and persistence.

Responsibilities

• Deliver Continuous Year on Year improvement in DSO.
• Drive and Manage collector teams to deliver year on year improvement in DSO through collections.
• Ensure ageing profile in company is within set targets.
• Design variable payplan to drive performance.
• Ensure Invoice delivery targets are met consistently.

Skills

10 years of work experience

Leadership skills

Proficient at Microsoft Excel

Negotiation skills

Persistence

Education

Bachelor degree in accounting, finance or related field

Tools

SAP

Job description

Select how often (in days) to receive an alert: Create Alert

Sub Department: Finance and Accounting - Collecting

Number of Openings: 1

Key Accountabilities & Activities:

• Deliver Continuous Year on Year improvement in DSO
• Drive and Manage collector teams to deliver year on year improvement in DSO through collections
• Ensure ageing profile in company is within set targets
• Design variable payplan in such a way that it drives the required performance
• Ensure Invoice delivery targets are met consistently
• Facilitate problem resolution between field staff and H.O.
• Assist in ensuring that credit assessment is performed on customers and that securities are put in place where required
• Reviewing credit limits and adherence
• Provide the necessary forms, approvals and follow up actions
• Coordinate resolution of interbranch/accounting issues
• On Job Training, improving collection team network, and suggesting needed training.
• Coordinate regular “problematic customer” reviews with senior management team and Sales/GDO staff.
• Calculation of Bad Debt Provision requirements
• Provide senior management with the various AR reports and analytics
• Weekly follow up email on such
• PMF Process (performance review)
• Coach credit controllers and provide focus
• Review collectors work force performance and make recommendations where required
• Support sales staff and branch credit controllers in visiting problematic Customer to ensure collection of dues
• Represent the collectors function in projects as and when required.
• Assist management in the various reporting & analytical tasks

Experience:

• 10 years of work experience & a proven collection track -with minimum 3 years in leadership position.
• Bachelor degree in accounting, finance or any business related concentration
• Proficient at Microsoft Excel, Good negotiator, self-initiator and persistence. Working knowledge of SAP desirable.

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