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Job Description

TITLE: FUNCTION:


Credit Risk Manager


FINANCE


REPORTS TO: REPORTEES:


CFO


Asst. Manager Accounts, Account Officer


DEPARTMENT: GRADE/LEVEL:


FINANCE


LOCATION:


MUSCAT, SULTANATE OF OMAN


Role And Context


Need To Do


Knowledge, Abilities and Experience


Purpose:


  • As part of the Finance,

supervising and providing


support to CFO in managing


Receivables, credit risk, collections as per policy, Insurance & Enterprise Risk Management


Summary of the Job Role:


▪ To manage all credit risk related activities (O2C), DSO, Overdue, IFRS 9 -ECL,


▪ Credit Evaluation & Ad hoc Reports.


▪ To supervise & verify accounting transaction to achieve business goals.


▪ To manage ERM process & Quarterly presentation.


   ▪ Review and recommend credit limit and payment term.


▪ To manage Insurance policy and claims process


Authorities:


Financial


▪ As per authority matrix.


People


▪ Performance review of staff.


Operational


▪ As per authority matrix.


Key Deliverables:


 ▪ Analyze the financial risk associated with various customers and evaluate           the creditworthiness of their potential customers


▪ Assist in attending to audit requirements.


 ▪ Maintain Book of Accounts as per accounting standard on a day to day


basis.


 ▪ Oversee and assign tasks to the team members.


 ▪ Supervise and assist in interfacing on credit risk and accounts receivables management,


▪ Manage interfacing with the commercial team for the credit risk,


collections, etc.


 ▪ Perform full cycle of Enterprise Risk Management framework on a quarterly basis and present to stakeholders.  


 ▪ Coordinate for preparing monthly, quarterly


accounts receivables and credit risk reports and onward submission


to the relevant authorities.


 ▪ Ensure time bound reporting to management and other financial


     institutions as required.


▪ Output VAT


▪ Improve DSO, Bad Debts


▪ Improve Credit risk ratio and coverage


Relationships (Internal):


▪ Commercial Department, all function heads.


Relationships (External):


▪ Auditors, Customers & Banks


Qualifications:


  • MBA Finance / M. Com
  • Graduate in finance/accounting.
  •  Bachelor’s degree in accounting/Commerce essential.
  • Certification in Credit Management & ERM is added advantage.

Skills/Knowledge:


  • Credit Management
  • Risk Management (ERM)
  • Insurance Management
  • Inter personnel skills.
  •  Accounting skills. (IFRS 9 & ECL Model)
  •  Negotiation skills.
  •  Inter personnel skills.
  •  Business Relationship building skills.
  • Good communication skills (Verbal & Written).
  •  Computer skills (SAP, Power BI, Advance Excel & MS Office).
  •  Ability to prioritize tasks.
  •  Time management skills.
  •  Good functional knowledge about Finance & Accounting.
  • candidate down the track to taken-over also treasury.


Experience:


  • 10+ years of experience in Credit Risk & Risk Management (ERM) role and minimum 2 years as a managerial position.

Business Understanding:


  • Knowledge about accounting principles.
  • Knowledge about the operation of manufacturing unit.

Prysmian , as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills, and abilities. We strongly believe that diversity brings significant value at all levels of the organization, increasing the possibility of capturing market opportunities and maximizing value for our customers and stakeholders. With Diversity, Equity, and Inclusion (DE&I) as part of our Social Ambition 2030 and a strategic pillar of our Company culture, Prysmian is committed to the development of an organization that prioritizes talent, where people feel respected, included, and free to fully express their potential just as they are.



All Managers and HRs in Prysmian are responsible for ensuring DE&I policies are respected during the recruiting process, as well as recognizing and mitigating unconscious biases that must not influence our selection processes. All persons will be considered for employment without regard to their race, ethnicity, religion, nationality, origin, citizenship status, socio-economic status, age, sex, gender identity or expression, sexual orientation, marital status, disability, military service or veteran status, pregnancy, parental leave, medical conditions, or any other characteristic protected by applicable federal, state or local laws. Prysmian will endeavor to make a reasonable accommodation for any disclosed physical or neurological condition or disability of a qualified applicant unless the accommodation would impose an undue hardship on the operation of our business.


Visit our DE&I Page to learn more about Prysmian's commitments.


Your application data will be treated according to our Data Protection Policy. If you believe you require assistance to complete this form or to participate in an interview, please let us know.


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