Credit Officer - Saudi Nationals Only !!

Recruiter
Bayt.com
Location
Riyadh, Saudi Arabia
Salary
Competitive
Posted
26 Apr 2017
Closes
26 May 2017
The Credit Officer will be managing and organising the collections as well helping to resolve any disputes according to the Rapid Access credit control policy.
Reporting into the Credit Control Manager, the Credit Officer will be part of a team responsible for credit and collection across the assigned geographical region. They will ensure the timely collection of receivables from invoice submission when the first bills become due to payment.
The Credit Officer will be responsible for the timely collection of accounts receivable including analysing delinquent account balances and determining the appropriate plan of action to successfully resolve overdue customer debt and minimise outstanding receivables
 
KEY DUTIES:
Account Management:
Work with the Senior Credit Controllers to manage a portfolio of customer accounts
Cash Collection:
Visit customers to organise cash collection in order to meet cash collection targets
Inform customers of overdue accounts and amount currently owed
Follow up on and track all overdue customer accounts through regular collection reminder phone calls and written collection communication
Discuss with customers to determine reasons for overdue payments
Record customer commitment to repay debt

Reconciliations:
Ensure that invoices are correct and issued and on time to customers
Ensure collection is correct and made as per the agreed payment terms and credit limits
Support the ongoing reconciliation between customer requests for credits and our own engineering records
Reconcile customer accounts with customer statements
Appropriately entering and allocating all cash receipts into the Finance system
Reporting:
Maintaining detailed records of all collection activity
Provide a weekly forecast of expected cash collections for the Senior Credit Controllers to review
Report on changes from earlier cash collection forecasts
Escalations:
Feedback on company issues, market issues, credit control and customer service issues
Escalate the default customer accounts to the Senior Credit Controllers if necessary

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