Requirements
Requires 7-10 years of experience in credit control or accounts receivables, with at least 3 years in a supervisory or managerial role. A professional qualification in finance and accounting, preferably CA or equivalent, is mandatory. Responsibilities include managing debt collection, assessing credit requests, developing credit terms, and liaising with legal consultants.
Description
Job description / Role
Job Type
Full Time
Job Location
Dubai, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Retail
Job function
To manage credit approvals and debts collection from company’s existing and new debtors. Provide support and advise to the company management on overall debt scenarios and expected cashflow from collections.
Operational roles and responsibilities
Proactively manage and ensure the resolution of outstanding debts from company debtors in a timely manner whilst maintaining the highest level of customer retention
Assess and evaluate new credit requests and review customers’ credit ratings to identify associated risk and provide recommendations based on evaluation
Develop and implement terms and conditions of credit
Prepare statements, client status reports and other relevant information as required to management, highlighting outstanding issues as well as potential debtor problems
Liaise with internal and external legal consultants to initiate necessary legal proceedings for debt recoveries
Take overall responsibility for maintaining debtors’ database
Evaluate and analyse the current market situation and develop collection strategies
Develop, apply, and maintain consistent and effective credit control policies and procedures. Coordinate audit activities with external and internal audits as and when required
Provide support, service and advice in all finance matters to the company’s management
Finalize annual financial statements of the company, organize and coordinate internal and external audits, review, and implement recommendations
Implement budget and forecast preparation schedule by collecting relevant business data and projections from the line departments and provide relevant analyses and feedback to enable finalization of the budget and forecast proposals and all related reports including profit and loss, balance sheet and cash flow statements
Exercise budgetary controls, accounting and physical controls, and credit control as per laid down procedures and asset management. Also exercise controls on fixed asset management, projects and other purchases and services
Maintain an effective involvement and understanding of the business to contribute to key business decisions within the company through financial advice and expertise
Continuously review existing policies and procedures and develop action plans to address improvement opportunities and automation of manual processes
Education / certification and continued education
Professional qualification in finance and accounting (preferably CA or equivalent)
Years of experience
7 to 10 years’ experience, with at least 3 years at a supervisory or managerial level in credit control or accounts receivables
About the Company
Established in 1979, Al Tayer Group is a privately-held, diversified company with operations in 12 countries in the Middle East and beyond. With over 7,800 employees from 95 different nationalities, the Group has its headquarters in Dubai, UAE.
Al Tayer Group operates leading, quality-focused businesses in automobile sales and service, luxury and lifestyle retail, perfumes and cosmetics distribution, engineering as well as interiors contracting. The Groups portfolio includes several of the worlds leading brands such as Armani, Bvlgari, Banana Republic, Ford, Ferrari, Gucci, Gap, Harvey Nichols and Maserati. The Group operates over 180 stores across multiple markets in the Middle East. In addition, Al Tayer Group has investments in commercial real estate, contracting, supply chain management, precision tools manufacturing and travel agency services.
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