A Fortune 500 Electronics and Electrical Manufacturer is looking for Senior Finance Executive – Credit Control for their Dubai office.
Job Responsibilities
- To Manage Credit control & secure Accounts receivables.
- Credit control Management for all Customers Credit check, Review of collections, Sales order releases, LC negotiation document verification, follow up with Sales PIC’s/ Banks for collection, Month-end closing entries related to AR/advance, Verification receipts from Customer.
- Follow up on aged items in Advance received from Customers
- Balance Confirmation Follow up, reconciliation and resolution of issues related to advances and trade receivables
- Document control/Filing & Audit co-ordination (Internal/External)
- Customer Registration/Renewal for all divisions, checking for payment capability, risk of money laundering, Banking facility in case of credit requirement and other due diligence as required
- Valid/Active Stand by Letter of Credit as security of Open credit Customers
- To follow up with banks/Sales dept to ensure faster collection/reduction in overdue.
- To keep up to date information on the constant changes in banking industry in relation to Letter of Credit guidelines, dealing with sanction countries, risk of money laundering etc.
- To obtain balance confirmation from Customers within set due date.
Skills, Knowledge and Experience Required
- Well versed with UCP600, Export Letter of Credit (L/C) guidelines, General Accounting, VAT, SAP
- Sound knowledge in L/C, Credit control, SAP, Advanced Excel.
- Accuracy, Ready to work under pressure, meeting deadlines, effective communication with team members, Depts.
- Problem solving ability, Proactive thinking, multi-tasking
