Credit Controller

2 weeks ago


Riyadh, Saudi Arabia Compass Project Consulting Full time

The Role
- Manage the credit control department, ensuring payments are received in accordance with contractual terms, late payments are escalated in accordance with contractual terms, DSO is reduced, and bad debts are limited - Provide clear and concise reporting for the credit control function including weekly status update, actions agreed, and risk identified. Including client balances by region, movement, cash collected and risk. - Implement credit control process to ensure efficient collection and ensure compliance with process. - Oversee legal cases to all claims are complete and court dates and actions are actioned. - Provide input and support to the company's cash flow for collections. - Manage debt provisions both ECL and specific to ensure all risks are covered. - Prepare and update client risk profile to manage risk and support tenders. - Ensure all payment plans are documented and approved and adhered to. - Manage relationships with all stakeholders, including PM’s to ensure efficient collection process - Manage collection team to ensure all customers are contracted and agreed payment are obtained and followed up. [Not sure if we have one or more contacting clients.] - Stay up to date with credit control trends, legal process, and system developments to improvise efficiency of collection process.

**Requirements**:
**Experience**: - Previous Credit Control experience at a Real Estate company is required, preferably within the GCC. - Having achieved success performing activities as described within ‘Role. Qualifications/Skills: - A Finance related degree is required.

About the company
We achieve greater project results by offering the best talent, supported by a robust ecosystem, and driven by a common goal. We truly are the Compass our clients turn to, for tailored project development consultancy services throughout the MENA region. Believing the sum of all pieces is stronger, Compass have forged a strategic partnership with Dar Al Arkan, one of the regions leading real estate developers. Together, we are building a truly progressive and cohesive alliance with the shared vision of enhancing built-environments and ultimately communities, throughout the Middle East and further afield. Offering an integrated real estate development consultancy, our pooled experience delivers a world-class ecosystem of competencies for our Clients and a Team that will surpass the exacting requirements of each unique project. As highly regarded project leaders and effective communicators, the Team at Compass delivers remits for some of the region's most ambitious and innovative change-makers, with this in mind, we are always looking for strong personalities to join us in our mission to evolve tomorrow, today.


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