Credit Manager - Middle East & Africa Region

The Company

Our client is a truly global player in their field. Due to an internal restructure they are currently looking to recruit a Credit Manager who will be responsible for the Middle East & Africa Region region.

The Role

* Oversee Credit management and collection activities across the Middle East and Africa.
* Reviewing and updating the company's credit policy
* Researching and evaluating clients' creditworthiness.
* Creating credit scoring models to predict risks.
* Approving or rejecting Credit/Open account requests, based on credibility and potential risks and rewards.
* Work hand in hand with Collection Management on progress in overdue collections and critically assess the non-paying customers.
* Conduct and/or attend weekly collection meeting and capturing comments from sales responsible on overdue from previous month and subsequent overdue during oncoming months as a pro-active approach in collection management.
* Providing data and constant reporting on customer's accounts receivable balance, overdue and long term overdue, credit insurance related overdue status.
* Finalize with corporate and circulate yearly credit KPIs, report the actual v/s budgeted KPIs on monthly basis to top management.
* Initiates and support department improvement process and initiatives
* Approval of orders as per given guidelines and credit matrix devised
* Maintain and manage customer credit hold status for past due accounts.
* Identify disputed invoices and short payments promptly and communicate to respective site associate for resolution.
* Review and circulate bad debt analysis report on monthly basis.
* Experienced on Credit Insurance, Letter of Credit (SBLC and individual L/Cs), Bank guarantees
* Ensure all SOP's are properly prepared, reviewed and authorized constantly.
* Works closely with the Customer Service and Logistics and providing on-going feedback of customer accounts receivable
* Acting as a liaison between internal and external customers to troubleshoot and resolve issues that may cause deductions and or delays in payments
* Prepare and manage calendar and task list for himself and the team.
* Ensure Month End Closing tasks are followed and to ensure timely closing and reporting.
* Assist in Internal/External/Sox Audits and support the team.
* Good presentation skills is a must since preparation of Credit control Committee presentation on monthly basis and presenting it to top management