Credit Control Specialist

2 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Logicom Distribution Full time

Logicom Distribution is currently seeking a professional to join its Finance Department as a Credit Control Officer. The role requires the successful candidate to be involved in the general business of the credit control department, mainly monitoring customer collections, contacting customers in relation to collections, and various other related tasks.

Key Responsibilities
  1. Customer Balance Review: Reviewing and controlling customer balances and arranging collections.
  2. ERP Management: Opening new customers in the Enterprise Resource Planning system.
  3. Order Processing: Reviewing, approving, and releasing customer orders.
  4. Credit Framework Development: Maintaining procedural framework for Credit & Collection operations and implementing enhancements wherever required in the existing procedures.
  5. Receivables Management: Ensuring that receivables are timely converted to cash with effective collection techniques and bad debts are maintained at a minimum level.
  6. Credit Policy Implementation: Implementing flexible credit policies and procedures, while also taking calculated risks to increase revenues.
  7. New Customer Research: Collecting information regarding new customers (Credit agency search/supplier search/financial statements).
  8. Communication: Communicating with customers/banks regarding returned/unpaid cheques.
  9. Customer Reconciliation: Preparing customer reconciliations on a monthly basis with the top customers.
  10. Daily Collections Schedule: Preparing and communicating to the collectors the daily collections schedule.
Requirements
  1. A Bachelor's degree in Accounting, Finance, or related field.
  2. Able to register with relevant authorities.
  3. Excellent oral and written communication skills in Arabic & English.
  4. Excellent knowledge of Microsoft Office software.
  5. Analytical skills.
  6. Strong Team Player.
  7. Excellent Interpersonal Skills.
  8. The capacity to handle multiple decision-reporting centres.


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