Credit Controller

Job description / Role

Responsibilities:
• Opening accounts for customers and recommending credit limits.
• Providing monthly, customer statements on demand to the salesmen.
• Preparation of ageing report highlighting the delays in collections.
• Accurate matching of payments against the payments.
• Informing the sales of differences between the month balances and the collected amounts and follow-up for the short payment or credit notes.
• Accounts reconciliation of the customers.
• Making of credit collection targets for the salesmen.
• Processing and generating reminder letters to customers.
• Propose write off of unrecoverable debts.
• Assess and analyze customer credit applications.
• Reviewing temporary credit increase limits.
• Review the credit limits of existing customers.
• Preparing of collections forecasts.
• Coordination with sales and marketing for the recording of promotion expenses and reconciling the rebates etc.

Requirements

• Bachelor Degree in Business Administration / Accounting or equivalent professional qualification and well versed with International Accounting Standards.
• Experience: Four years in similar role.
• Commercial acumen and a good eye for detail, coupled with a strong academic background
• Excellent communication skills and have the ability to liaise with both finance and non-finance professionals.
• Computer literate with good excel skills and solid understanding of accounting software principles preferably ERP.
• Having UAE driving license.

About the Company

Foodco Holding was established in 2006 to reflect the growing diversity of the group, which had seen the establishment of a number of companies under the banner of Abu Dhabi National Foodstuff Company (Foodco) presently and was established in Abu Dhabi in 1979 as a public share holding entity under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, the President of U.A.E , these former divisions operate as standalone subsidiaries of Foodco Holding.

Supported by a dedicated team of approximately 500 employees, Foodco Holding continues to evolve, excelling in terms of expansion and innovation, with operations covering the food sector, retail, packaging, catering, restaurant franchising and other areas.

As a testament to our success, a 2011 survey conducted by the UAE Ministry of Foreign Trade entitled Success Stories of 110 UAE-based International Investors recognized Foodco Holding as one of the countrys seven most accomplished companies in the food industry sector.