Job Description

You are subscribed to our push notifications, but not currently for jobs like this.
Would you like to receive notifications for jobs like this as well? Notify me of jobs like this
Great news! You are subscribed to receive alerts for jobs similar to this one.
We are seeking a Credit & Collections Specialist to be responsible for undertaking all collections and credit work for the business entities. This includes contacting clients to collect payments to meet company credit and collection goals, credit evaluation, providing forecasts, AR and Collections reports and fostering strong relationships with clients, sales and relevant stakeholders.
The role will be based in Sharjah, UAE.
Duties & responsibilities:

• Achieve all credit and collection related goals and KPIs
• Develop and maintain relationships with clients to ensure on time payments, address enquiries and resolve payment issues promptly.
• Arrange and attend visits to client premises for payment follow up.
• Follow agreed procedures and take a proactive approach to ensure timely collections and accurate records
• Ensure all client disputes are resolved in a timely manner and communicate resolution to the clients.
• Evaluate new credit requests, conduct client credit checks and undertake regular reviews of existing client's credit facilities. Ensure all approvals are as per the defined Credit Policy
• Prepare collections forecasts and assist with overall cashflow planning
• Assist the AR accountant to reconcile accounts and resolve discrepancies by contacting the client directly.
• Assist with month-end closing activities as per timetable
• Prepare and present financial reports for senior management to evaluate AR and collections performance, and to identify trends and potential issues.
• Drive continuous improvement efforts within the AR function to optimize efficiency and effectiveness
• Participate in cross-functional initiatives aimed at enhancing general financial processes and controls.
• Stay abreast of industry trends and regulations related to accounts receivable management.

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• Knowledge of finance and accounting principles, particularly relating to AR, cashflow and revenue recognition
• 5+ years of progressive experience in credit control roles.
• Extensive experience of managing accounts receivable processes, including invoicing, collections, and reconciliations
• Proven track record in improving collection, cashflow and DSO
• Extensive experience of evaluating and assessing credit risk
• Strong collaboration experience with cross-functional teams to optimize cash flow

Skills Required