Group Chief Financial Officer

Abu Dhabi, United Arab Emirates

Job Description



Job Title Group Chief Financial Officer

Description

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Our client is a truly global player in their field. Due to an internal restructure our client is looking to recruit a Group Credit Control Manager who will be responsible for the Middle East & Africa region.

The Role

Reporting directly into the Group Chief Financial Officer your role will be to establish Credit Control management and credit policy. Manage and lead cross-functional credit collections team and maximize client collections and minimize bad debts. Report accounts receivable aging and KPIs and govern risk management process across BU's

Key Responsibilities
Create and maintain governance framework to ensure credit control and collection policies are adhered to
Establish policies, procedures, and appropriate structure to manage credit control and cash collections
Establish credit policy for pre-approval of credit limits for customers
Develop process to identify clients that default on payment terms and liaise with Legal/Finance/Operations management to develop standard course of action and escalation process
Develop accounts receivable aging reports
Develop Credit Collections dashboard (i.e., accounts receivable balance, bad debt provision and days receivables outstanding)
Prepare Accounts Receivable and Credit Collection Executive Committee monthly review package
Lead the credit collection process with defined process and collection targets
Build relationships with country leads and finance managers to define credit collection escalation process
Day to day management of credit collection process between Finance/Operations/ BSC (Business Service Center)
Monitor adhered to credit policy and extension of credit terms
Work with Operations to improve billing & invoicing cycle
Develop and monitor accounts receivable collections and fast resolution of issues
Resolution of aged receivables to minimize bad debts
Build the recruitment team, optimising talents and growing individuals
Manage the performance of the team
Develop and maintain teamwork among all HR teams promoting the sharing of ideas and best practice
Report non-compliance cases and initiate actions as per 'Managing Capability and Discipline Concerns Policy'
The Candidate
Bachelor's degree in accounting and/or finance;
Master's degree in accounting and/or finance preferred;
Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) or Chartered Accountant preferred
Demonstrated understanding of Control Frameworks, Business, IFRS, Risk Management
Knowledge of Internal Audit Best Practices, IFRS, IIA standards and IAS
Strong interpersonal skills to work sensitively within a multicultural environment
The ability to multi-task in a fast -paced accounting environment
Excellent verbal and written communication skills
Extensive knowledge in Microsoft Office (Word, Excel & PowerPoint)
Excellent organizational skills
Working knowledge in ERP Applications (Oracle, SAP, SAGE).
Salary and Benefits

Up to 42,000aed per month plus Education

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Job Detail

  • Job Id
    JD1458762
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned