National Credit

1 week ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Xerox Full time 40,000 - 120,000 per year

Key Accountabilities & Activities:

  • Deliver Continuous Year on Year improvement in DSO
  • Drive and Manage collector teams to deliver year on year improvement in DSO through collections
  • Ensure ageing profile in company is within set targets
  • Design variable payplan in such a way that it drives the required performance
  • Ensure Invoice delivery targets are met consistently
  • Facilitate problem resolution between field staff and H.O.
  • Assist in ensuring that credit assessment is performed on customers and that securities are put in place where required
  • Reviewing credit limits and adherence
  • Provide the necessary forms, approvals and follow up actions
  • Design processes for billing adjustments etc.
  • Coordinate resolution of interbranch/accounting issues
  • On Job Training, improving collection team network, and suggesting needed training.
  • Coordinate regular "problematic customer" reviews with senior management team and Sales/GDO staff.
  • Calculation of Bad Debt Provision requirements
  • Provide senior management with the various AR reports and analytics
  • Weekly follow up email on such
  • PMF Process (performance review)
  • Coach credit controllers and provide focus
  • Review collectors work force performance and make recommendations where required
  • Support sales staff and branch credit controllers in visiting problematic Customer to ensure collection of dues
  • Represent the collectors function in projects as and when required.
  • Assist management in the various reporting & analytical tasks

Experience:

  • 10 years of work experience & a proven collection track -with minimum 3 years in leadership position.
  • Bachelor degree in accounting, finance or any business related concentration
  • Proficient at Microsoft Excel, Good negotiator, self-initiator and persistence. Working knowledge of SAP desirable.

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