Credit Manager

Job description / Role

The credit manager position is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses.

Client Details

Our client is a global leader in eyewear designing and distribution. With over 100,000 employees, they have a presence in over 100 countries.

Description

* Ensuring that the company credit policy is adhered to including monitoring the application of appropriate credit limits and the risk profile of customers
* Investigate and resolve credit risks and problem accounts, reviewing and managing issues and significant transactions
* Build effective business relationships with internal and external customers to maximize cash
* Monitor country portfolio for trends and report market /risk warnings accordingly
* Analyze daily, weekly, and monthly credit reporting to monitor performance and identify issues
* Collection whilst minimizing risks
* Prepare the annual budget and monthly/quarterly forecasts for credit management
* Develop and maintain the periodic credit control dashboard, reports on aged debt, overdue debt, DSO, cash flow, credits processed and provision for losses
* Produce accurate and timely management accounts, identifying and correcting mis posts, variance analysis and insightful commentary
* Reconcile customer accounts sending monthly statement to the customers
* DSO/Overdue and cash flow forecast monthly/quarterly/yearly
* Calculate and monitor Bad Debt fund
* Organize Monthly Credit Call with Corporate and Commercial Team in order to discuss credit KPIs and analysis possible action to improve them
* Handling end to end process of Letter of Credit (LC), Cash Against Document (CAD)
* Handling SBLC. Monitor and advice SBLC amendments time to time
* Coordinate with Cash Banking team for payment allocation and posting
* Credit Limit Annual Review
* Credit Hold Management - Blocked orders

Job Offer

The successful candidate for this role will be offered a monthly competitive salary and a chance to work in a fun, diversified team. This is an exciting opportunity for a Credit Manager to further progress their career with a multinational eyewear group.

Requirements

Qualification & Skills Required:

* 5+ years of experience in Credit Management
* Bachelors degree in business or similar
* Customers negotiations skills
* Strong analytical and problem solving skills
* Excellent verbal and written communication skills - Fluency in English essential (Arabic preferred)

Technical Competencies:

* Working knowledge in ERP applications (Oracle & SAP)
* Extensive knowledge in Microsoft office (Excel & Power point)

Core behavioural Competencies:

* Proactive approach
* Persistent working style
* Team worker
* Strong analytical skills and detail oriented
* Multi-tasking

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.