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 regular communication with 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
H andle 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
Excellent communication skills in writing, reporting and verbal Good negotiation skills Problem solving skills; conflict resolution skills Ability to work under pressure and handle deadlines Multitasking: able and capable to manage multiple projects simultaneously Strong analytical and numeracy skills Can-do and hands-on attitude Commitment to strong work ethics, integrity and honesty
Skills
Excellent communication skills in writing, reporting and verbal
Good negotiation skills
Problem solving skills; conflict resolution skills
Ability to work under pressure and handle deadlines
Multitasking: able and capable to manage multiple projects simultaneously
Strong analytical and numeracy skills
Can-do and hands-on attitude
Commitment to strong work ethics, integrity and honesty
Job Location Jeddah , Saudi Arabia Job Role Accounting/Banking/Finance Residence Location Jeddah , Saudi Arabia
