Credit Officer / Letter of Credit Officer

ManpowerGroup Middle East

Dubai, UAE

Ref: HP647-2452

Job description / Role

Employment: Full Time

• Manage the process and present Letters of Credit; support the regional manager with decisions on the presentations and cash flow decisions.
• Responsible for the collection and the maintenance of account receivables: contact customers, follow up on payments and engage late payers to maximize collection efficiency.
• Ensure funds are correctly applied to the relevant customers; keep un applied cash to the minimum. Support the cash application team as and when needed.
• Maintain credit files, prepare credit assessment of new and existing customers and approve credit limits in line with Limits of Authority assigned to the role.
• Manage credit checking and order holds and release on timely basis. Notify manager of significant issues impacting collection of outstanding receivables
• Prepare reports as per monthly schedule and on ad hoc basis for the credit and financial functions
• Expedite resolution of customer disputes by linking with Sales/Order Management/Warranty as required.
• Promote a culture of continuous process improvement and collaborate actively with the OTC Operational Excellence team.
• Support the Centre of Excellence – Credit for major credit reviews for all customers whenever required.
• Ensure compliance with Corporate and Local credit policies and other compliance requirements such as Trade Compliance, Sarbanes Oxley, etc.
• Manage the guarantee issuance process and support the Treasury with the necessary information to issue the same. Liaise with our Trade Partner banks and build relationships.

Requirements

• University Qualifications: Bachelors
• Other certifications obtained: Letter of Credit
• Nature and length of previous experience: Minimum 2 yrs experience working and managing Letter of Credit
• Age Range: NA
• Gender Preference: NA
• Nationality Preference: NA
• Language Fluency: Fluent English
• Current Location: UAE only

About the Company

We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.

ManpowerGroup powers the success of many of the world's most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise - 3600 offices in over 80 countries - we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.

ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.

Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including:

  • IT & Telecommunications
  • Engineering & Construction, Oil & Gas
  • Banking, Finance & Legal
  • Sales & Business Development
  • Marketing, Public Relations & Communications
  • Human Resources & Training
  • Customer & Support Services (Secretarial and Administrative)
  • Operational, Supply Chain & Logistics
  • Executive Recruitment
  • Emiratization Solutions
  • Recruitment Program Outsourcing Solutions
  • Managed Service Provider Solutions
  • Talent Based Outsourcing Solutions
  • Outsourced Staffing Solutions

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IT Officer salaries in UAE

Average monthly compensation
AED 5,000

Breakdown available for industries, cities and years of experience