Job closed
Ref: HP698-11422
Job description / Role
The responsibilities for this role is to pursue and pro-actively manage outstanding debtors for Retail, Residential and Commercial portfolios at Dubai Festival City; and achieving the departmental objectives of collecting outstanding monies, reducing overall debtor days and minimising the risk of bad debt.
Some of the key accountabilities for this role would be to monitor violations of Credit Policy/Lease Agreement/DOA; develop reports and financial analysis; reconcile transactions and balances to maintain accurate customer accounts; etc.
This role will report to the Financial Controller – Revenue & Credit Control and will be based at Festival City, Dubai.
Requirements
We are looking for someone with good knowledge of UAE Law and several years of experience in a high volume commercial and collections environment. Previous credit risk management experience is required along with a proven track record of debt collection.
Extensive knowledge of Financial package SAP and/or other ERP along with good negotiation skills would be needed for this role.
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.