Senior Credit Controller

4 weeks ago

Riyadh, Saudi Arabia Jotun Group Full time

SUMMARY OF THE ROLE

Manage and maintain all aspects of the credit control function whilst rendering business support to the Finance and Sales Departments, making recommendations of credit control policies and procedures, to ensure a healthy customer receivables portfolio and improve communication, workflow and process between the relevant departments.

**Responsibilities**:

- Manage and control credits of Jotun customers by evaluating their credit worthiness, monitoring the credit status
- Manage and decrease company cost of credit through controlling risk of credit, risk non-payment, risk associated with late payments, and risks of opening new accounts.
- Evaluate and prepare credit recommendation for the prospective new customers with financial information and based on the input from Business Development Manager
- Maintain financial reports and monthly closing procedures related to the account receivable function and status of accounts using IFS system in order to minimize the company’s Days Sales Outstanding (DSO) and to control the Credit Risk.
- Maintain customer receivables set and meet collection targets on a monthly basis, by monitoring or controlling payment behaviour by controlling credit limits and terms to ensure a healthy customer receivables portfolio
- Evaluate and prepare credit recommendation for the prospective new customers with financial information and based on the input from Business Development Manager
- Arrange credit meeting with sales department for evaluation/ review of customer status. Provide salesmen with up to date and current information pertaining to customer’s accounts and assist salesmen to achieve their collection targets by planning their collections based on the customers sales pattern
- Co-ordinate legal cases with lawyers or other authorities depending on the nature of the case. Collection of tax related documents within the stipulated time frame in order to avoid tax liability during assessment. Ensure appropriate reporting of risk exposure (AR losses) Support Management with adequate reports on credit and collection, payment problem accounts and legal issues.

WHAT WE ARE LOOKING FOR AND WHAT WE OFFER

What we look for:
**Education**:
Bachelor of Accountant/ Finance.

Experiences:
3-5 years in Credit Control/Credit Analyst.

Languages:
Profession in Arabic & English

What we offer:

- Competitive compensation and benefits
- Continuous learning opportunities and training activities through on-the-job training and our in-house learning Jotun Academy.
- Career development opportunities across multiple disciplines and geographies
- Leaders who focus on engaging and enabling their team, proven by consistently high employee feedback scores
- A supportive and inclusive company culture where you can be your authentic self
- A focus on having fun together through team buildings and social activities

POSITION INFORMATION

Company:
Jotun Saudia Co. Ltd.

Contract Type:
Regular

Time Type:
Full time

CLOSING DATE (dd.mm.yyyy):
27.03.2023

WHO WE ARE

Jotun’s story in the MEIA region (Middle East, India and Africa) began in 1962, and has grown to include 18 legal entities committed to achieving success and growth of the Jotun Group. Throughout our history, we have focused on providing our employees with meaningful and challenging work, rewarding them through continued learning and development, underpinned by our values of Care, Loyalty, Respect and Boldness.

Jotun Saudia Co. Ltd., established in 1984, is one of the key markets within the MEIA region. With 2 production facilities, 5 warehouses and more than 450 employees, we aim to further strengthen Jotun’s position in Saudi Arabia through ambitious market growth plans that focus on innovation, efficiency and profitability.

Visit our

Career Page

to know more about life at Jotun.

Jotun’s company culture welcomes and values differences in people. Our more than 10,200 employees on all continents represent 90 nationalities, four generations and diversity of professions, gender, abilities, ethnicities, beliefs, cultures etc. We are committed to represent the societies we operate in, promoting equality, equity and zero-tolerance for discrimination.

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