Credit Control Manager

To effectively manage the credit control functions within the company's B2B operations, ensuring the assessment and mitigation of credit risk, the management of credit terms, and the timely collection of outstanding payments. The role is essential in maintaining strong customer relationships, coordinating with Credit insurers and brokers, and minimizing bad debt exposure, leveraging expertise in trade credit insurance, internal credit management frameworks, and Credit Bureau management. Strategizing Internal Credit Management Framework: Develop and implement an internal credit management framework that aligns with company policies and industry best practices. Monitor and review the effectiveness of credit policies, making adjustments as necessary to minimize risk and optimize cash flow. Conduct regular credit reviews and audits to ensure compliance with established policies. Evaluate new and existing customers' creditworthiness through detailed financial analysis and use of credit bureau reports. Set and regularly review credit limits and terms for all B2B customers. Manage and mitigate credit risk by implementing appropriate credit policies and procedures. Manage and maintain relationships with trade credit insurance providers. Ensure that all necessary documentation and information is provided to insurers to secure and maintain coverage. Handle claims process for any insured receivables and ensure timely recovery of insured debts. Liaise with credit bureaus to obtain and review credit reports for existing and potential customers. Ensure that credit information is accurate and up-to-date. Address any discrepancies or issues with credit reports promptly. Collections and Accounts Receivable: Oversee the accounts receivable process, ensuring timely collection of outstanding invoices by implementing and reviewing Invoice wise outstanding reports and following up with Business teams for collection. Develop and implement effective collection strategies to reduce overdue debts. Maintain accurate records of all communications and actions taken regarding overdue accounts. Managing credit application forms, credit limit checks, credit blocks/unblocks, AR Ageing management, coordination with business for collections/due date extensions while ensuring over all credit policy framework and credit policy compliance. Internal Customer Relations: Build and maintain strong relationships with customers to facilitate smooth credit management processes. Address customer queries and disputes promptly and professionally. Provide support and guidance to sales teams on credit-related matters. Reporting and Analysis: Prepare regular reports on credit status, collections performance, and risk exposure for senior management. Analyze trends in credit data to identify potential risks and opportunities. Provide insights and recommendations to improve credit control processes and policies. Skills & Experiences Master’s/Bachelor's degree in Finance, Accounting, Business Administration. Minimum of 10 years of experience in credit control, in a B2B environment with Trade Credit Insurance(mandatory). Strong understanding of trade credit insurance, credit risk assessment, and credit bureau management. Proficiency in financial analysis and use of credit management software. Excellent communication and interpersonal skills. Strong organizational and problem-solving abilities. Ability to work independently. High attention to detail and accuracy. Seniority level Seniority level Not Applicable Employment type Employment type Full-time Job function Job function Finance Referrals increase your chances of interviewing at Al Tayer Group by 2x Get notified about new Credit Control Manager jobs in Dubai, United Arab Emirates . Collection and Credit Controller (Emiratization Role) Credit Controller and Accounts Receivable Accountant - UAE National Senior Accountant

Al-Futtaim Automotive

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