Overview
Credit Controller Jobs in Jeddah, Saudi Arabia at Sadafco
Credit Controller
Job Description
Purpose of the job
Manage the credit control process for SADAFCO that involves updating and maintenance of the credit policy, assessment of the credit worthiness of customers (local & international), timely assessment of potential bad debts, support in cash flow forecast. Boost exports through establishing a secure mechanism of letters of credit and guarantees.
Key Accountabilities
Credit Control Policy – Update & Maintain
Maintain the company’s credit policy procedure in liaison with sales & finance management and ensure best practices are followed and adhered to.
Credit Monitoring
Monitor the credit granting process, conduct periodic credit review and ensure deductions are being taken from customers.
Management Reporting
Review and approve the periodic financial reporting statements to the management regarding regional cash collection forecasts, actual and aged debtor’s analysis.
Collection Forecast
Support the sales department in analyzing and making the collection forecast report so as to help in follow up on pending collections.
Customer Communication
Responsible for regularcommunicationwith customers by sending reconciliation statements to reinforce the collection policy. This will ensure that the slow-paying customers are followed up to ensure that the customers recognize their “pay-on-time” obligations to SADAFCO.
External Audit
Handle quarterly/annually audit with external auditors on all accounts receivable matters in compliance with IFRS. Maintain accurate bad debts provisioning in the financial reports in co-ordination with the Financial Reporting team.
Accounts Reconciliation
Rebate calculations and applying new Business Development Agreements (BDA) changes on the monthly booking. Timely reconciliations to ensure completeness of recording of rebates and promotions.
Job Requirements
Educational level: minimum bachelor’s degree, Master’s degree is preferred/ diploma in accounting will be considered too.
Minimal 7 years relevant experience; experience in FMCG is an advantage.
Languages:
fluent in Arabic and English (speech, writing and reading).
Proficient in Microsoft Office (Excel, PowerPoint and Word); IT savvy.
Business acumen.
Team player who can lead; people management experience is an advantage.
Job Competencies
Excellentcommunication skillsin writing, reporting and verbal.
Good negotiation skills.
Problem solvingskills;conflict resolutionskills.
Ability to work under pressure and handle deadlines.
Multitasking: able and capable to manage multiple projects simultaneously.
Strong analytical and numeracy skills.
Can-do andhands-onattitude.
Commitment to strong work ethics, integrity and honesty.
Job Location
:
Jeddah, Saudi Arabia
Job Role
:
Accounting/Banking/Finance
Residence Location
:
Jeddah, Saudi Arabia
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Title: Credit Controller
Company: Sadafco
Location: Jeddah, Saudi Arabia
Category: Finance & Banking, Accounting
