Job Description

Job Title Credit Controller

Description

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you. Role Purpose:The Credit Controller is responsible for managing the credit evaluation and payments follow up for B2B customers and ensure the delivery of accurate and efficient credit control service. Role Details - Key Responsibilities and Accountabilities:Credit Control Review and evaluate customer credit application in line with company's credit policy. Set up customer accounts and credit limits in ERP system based on credit approvalsLiaise with credit insurer for obtaining credit insurance limits and complying with insurance conditionsSend timely Statement of accounts to customers and follow up for payments as per due datesProvide invoice copies and other transaction details as requested by customers and reconcile accounts with customersCo-ordinate with sales team for collections of overdue accountsSubmit information and claims to credit insurer as per policy termsRisk and AssuranceAssist the management in identifying financial risks and propose relevant controls to minimize potential risksEnsure adequate insurance cover to the agreed level of risk, ensure compliance with respect key insurance policy and help identify risks associated with cash handlingCollaborate with relevant parties on analysing and adapting processes to prevent fraudsHuman Capital ResponsibilitiesEnsure the implementation of MAF Retail's corporate policies and relevant proceduresFinancial ResponsibilitiesEnsure alignment of procedures in accordance with the Delegation of Authority (DOA)Functional/Technical CompetenciesStrong communication skillsAttention to detailComputer proficiency: - MS Office, Strong XL skillsPersonal Characteristics and Required Background:Minimum Qualifications/educationBachelor degree in accounting and finance Minimum experience4 years of experience as credit controller in manufacturing or distribution companyPreferred LanguagesEnglish (Full professional proficiency - Required)Arabic - desirable

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