Head of Credit

Job description / Role

Our client a large downstream oil and gas company is looking for a Head of Credit to join their Middle Eastern operations.

- To lead Credit team in all erritories and its subsidiaries by maximising the return from receivables through implementing effective risk management while supporting the growth of the Business Units
- To direct and control the Credit team to ensure the current and future needs of internal and external customers are met
- Manages main entity its subsidiaries receivables investment
- Develops and implements credit policies, procedures and controls into the daily processes of the organization
- Establishes guidelines governing the credit risk
- Establishes strategic plans to maximize collection performance and provides tools and techniques to foster efficiency and productivity
- Assures all securitization and liens complies prescribed rules and regulations
- Drives Credit Metrics and optimise operational efficiency
- Identifies, proposes and implements improvements to systems and processes related to Credit to achieve improved quality and efficiency
- Provides and improve the consolidated Accounts Receivable Projection and Receivable Turnover Analysis to optimise cash flow
- Provides vital input to the budgetary process and assures Department Budget is in compliance to organisational budgetary guidelines
- Responsible for the timely communication of monthly reporting of key measures to Business Units and Management for decision making
- Responsible for providing informative analyzes on Credit Management to Business Units and Management and make recommendations on possible course of actions
- Works closely with Business Units in the implementation of Business Strategy and provide guidance on issues related to Credit Management
- Approves Customer’s Credit Limits within Delegation of Authority
- Acts as Secretary to the Credit Committee and propose strategies related to Credit Control for endorsement and approval
- Manages and administers the Credit Insurance Program
- Manages assigned Projects related to Credit across the organisation

Requirements

- Bachelor’s degree is a must
- Extensive background in managing corporate credit risk department.
- Potential candidates ideally will be coming from Manufacturing / Trading Companies with large portfolio of clients
- Alternatively, candidates coming from banks will need to have exact experience in managing credits and analyzing risks for corporate clients
- Strong communication skills
- Firm decision making
- Able to confidently handle both internal and external clients

About the Company

Eximius was founded by Nick Stevens and Ed Stevens in 2008 to supply expert talent to the energy, legal and financial services sectors. Our approach has allowed us to enjoy superior market performance, averaging 40% CAGR in our profitability since inception.

Today we support an enviable client list across the globe. We operate from our offices in the UK, the UAE and Hong Kong, enabling global mobilisation for our clients and candidates.