Job Overview:
The Credit Control Assistant Manager will support the credit control team in managing and
optimizing the organization’s credit processes. This role involves overseeing credit
assessments, ensuring timely collections, and maintaining strong relationships with clients to
minimize credit risk while contributing to overall financial performance.
Key Responsibilities:
Assist in developing and implementing credit control policies and procedures to enhance
the efficiency of the credit management process.
Monitor and review credit applications, conducting thorough risk assessments and
recommending credit limits based on financial analysis.
Supervise the day-to-day activities of the credit control team, ensuring compliance with
company policies and regulatory requirements.
Analyze aged debt reports, identifying trends and issues, and develop strategies to
improve collection performance.
Maintain relationships with clients, addressing inquiries and resolving disputes to ensure
timely payment and customer satisfaction.
Collaborate with sales and finance teams to align credit policies with business objectives
and provide guidance on credit-related matters.
Prepare regular reports on credit performance, including collections, outstanding debts,
and cash flow forecasts for senior management.
Assist in training and mentoring junior staff within the credit control team to enhance
their skills and performance.
Identify areas for improvement in credit processes and systems, recommending and
implementing changes as necessary.
Participate in month-end closing activities and support audits related to credit
management.
Note: The duties and responsibilities listed are illustrative and may be adjusted based on
organizational needs.
Qualifications:
Education: Bachelor’s degree in Finance, Accounting, or a related field; a professional
qualification in credit management is an advantage.
Experience:
+8 years of experience in credit control or financial management, with a focus on credit
risk assessment and collections.
Skills & Attributes:
Strong analytical and problem-solving skills with attention to detail.
Excellent communication and negotiation skills, with the ability to build relationships with
clients and internal stakeholders.
Proficiency in credit management software and Microsoft Office applications, especially
Excel.
Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
Strong leadership qualities with a collaborative approach to team management.
Languages:
Fluency in English; proficiency in Arabic is an advantage.
We take pride in introducing ourselves as one of the leading insurance and reinsurance company in the Kingdom of Saudi Arabia with a fully paid-up capital of SAR 850 million. We have been assigned an (A-) Insurance Financial Strength Rating (IFSR) by S&P Global Ratings and (gcAAA) GCC regional scale financial strength credit rating, both with a 'stable' outlook. Moody’s Investors Service rated Walaa with a financial strength rating of (A3). Headquartered in Al-Khobar - Eastern province, the oil hub of the Kingdom, we serve our clients all over the Kingdom through three regional offices and more than 70 retail offices. نفخر في التعريف بأنفسنا كواحدة من أبرز شركات التأمين وإعادة التأمين في المملكة العربية السعودية برأس مال مدفوع بالكامل بقيمة 850 مليون ريال سعودي. تم تقييمنا من وكالة "ستاندرد أند بورز" للتصنيف الائتماني بتقييم القوة المالية (-A) وعلى تقييم (gcAAA) للقوة المالية بمعايير خليجية مع نظرة مستقبلية مستقرة. كما قيمتنا وكالة التصنيف الإئتماني الدولية موديز بتصنيف القيمة المالية (A3) يقع مقر الشركة الرئيسي في مدينة الخبر - المنطقة الشرقية، مركز صناعة النفط بالمملكة ونخدم عملائنا في جميع أنحاء المملكة من خلال ثلاث مكاتب إقليمية وأكثر من 70 نقطة بيع.