Collections Executive - Hertz

Job description / Role

Hertz is the worldwide market leader in car rental and leasing. It has been in operation since 1918. With over 7,000 locations in more than 150 countries Hertz manages over 700,000 vehicles around the world.The Hertz UAE franchise started in 1993 and has grown into an operation that is the top car rental and leasing company in the UAE. Hertz has the largest purpose built rental facility in the Middle East, the largest airport counter in Dubai and the youngest fleet in the market. The company continues to strengthen its position in the market by consistently introducing innovative and customer focused services, as well as regularly training its staff at all levels.

We are currently looking to recruit an experienced Collections Executive to work from our Dubai based operations. You will be responsible for the control of specific sections of accounts within the sales ledger, to facilitate a high level of cash-flow and minimize levels of overdue debt.

Your main duties and responsibilities will be:

* To achieve the monthly cash-collection targets set for your specific section of accounts
* Ensure that appropriate telephone contact is made at the earliest possible stage on overdue debts, in accordance with the Credit Control action plan.
* Answer queries and enquiries from customers within your section of accounts
* Prepare Summary invoices, support material or similar as per customers' requests.
* Ensure that payments are correctly allocated, to the appropriate account and against the appropriate invoices
* Check reminder letters for 100% accuracy and appropriateness before sending
* Highlight suspension of credit facilities to management in accordance with Credit Policy
* Be aware of duties performed by other team members to enable adequate cover to be provided at all times of holiday/absence
* Prepare fund flow forecast on weekly/monthly basis
* Prepare SOA for debtors on monthly basis
* Reconcile advance payment accounts in Balance Sheet for debtor

This is a varied and responsible position within the company. You must be flexible in your duties maintaining high level of accuracy at all times.
All accounting practices are to be carried out as per IFRS/IAS (International Financial Reporting Standard/International Accounting Standards.

Requirements

* It is essential that you have at least 1 years experience within a Credit Control position. We will consider those from an accountant background providing a large proportion of your day to day duties were related to credit control or customer calling and query resolution.

* Methodic systematic approach to the day to day tasks is essential, so we are looking for someone who is driven by an eager to attend to details and customers in a professional manner. Further is it necessary you are comfortable with visiting the customer's premises to demand payments in case debt gets aged.

* You must have a Diploma in Accountancy, Finance or a related subject and be confident in dealing with complex database handling on Excel.

* We are looking for someone with sound understanding of collection, who has experience of working on at least one ERP such as SAP or Oracle Financials; CarPro experience would be a great advantage but not necessary.

* The ability to read, write and speak Arabic would be an advantage.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.