Credit Controller with an oil and gas background, will be responsible for managing the credit control process within the organization.
Primary objective will be to ensure that outstanding debts are collected promptly while maintaining positive relationships with customers.
Work closely with the Finance Manager and other departments to minimize credit risk and contribute to the financial health of the company.
Key Responsibilities:
1. Credit Assessment:
• Assess the creditworthiness of new and existing customers by reviewing their financial history, credit reports, and payment behavior.
• Establish and maintain credit limits for customers based on their risk profile.
2. Customer Communication:
• Build and maintain positive relationships with customers, providing them with relevant information regarding their account status and payment obligations.
• Respond to customer inquiries and resolve disputes or discrepancies promptly.
3. Debt Collection:
• Implement effective debt collection strategies, including sending reminder letters, making phone calls, and initiating legal action if necessary.
• Maintain accurate records of all collection activities.
4. Reporting and Analysis:
• Prepare regular reports on accounts receivable, aging analysis, and credit risk assessment for management.
• Identify trends in customer payment behavior and recommend improvements to credit policies.
5. Credit Policy Management:
• Review and update credit policies and procedures to ensure they are aligned with the organization's financial goals and industry standards.
• Train staff in other departments on credit-related matters and policies.
6. Risk Management:
• Monitor and assess credit risk associated with customers and take proactive measures to minimize bad debt losses.
7. Documentation and Compliance:
• Maintain accurate and up-to-date customer records and credit files.
• Ensure compliance with relevant legal and regulatory requirements.
Qualifications and skills:
• Bachelor's degree in Finance, Accounting, or a related field (preferred).
Knowledge of ARIBA SOFTWARE MANDATORY
• Proven experience in credit control or accounts receivable management.
• Strong knowledge of credit risk assessment, debt collection techniques, and credit control processes.
• Excellent communication and negotiation skills.
• Proficiency in financial software (Oracle) and MS Office, particularly Excel.
• Attention to detail and strong analytical skills.
• Ability to work independently and as part of a team.
• Knowledge of relevant laws and regulations pertaining to credit and collections (an advantage).
Must have UAE driving licence
Job Location
Dubai, United Arab Emirates
Company Industry
Accounting
Company Type
Employer (Private Sector)
Job Role
Finance and Investment
Employment Type
Full Time Employee
Monthly Salary Range
$1,500 - $2,000
Number of Vacancies
1
Years of Experience
Min: 3 Max: 6
About Al Shirawi Group Al Shirawi Group is one of the largest privately held companies headquartered in the UAE. The legacy of the Group started with humble beginnings in 1971 when it began as a small trading house with a large vision. Today, the group stands as a beacon of innovation, with over 30 companies operating across 17 verticals in the UAE and the GCC. For five decades now, the Al Shirawi Group has been growing at a breathtaking speed, becoming the market leader in construction, oil & gas, manufacturing, health care, education, trading, energy, renewables, water solutions, transport, logistics, HVAC, electronics, and heavy equipment. The foundation of the group’s success lies in the unity of its founding families: the families of its founding Chairman, Abdulla Al Shirawi, and its founding Vice Chairman, Mohan Valrani. The group has now successfully inculcated the third generation into the business and continues to pride itself on its high governance standards and its diversity, employing over 10000 people across 55 different nationalities. Vision To Be Your Globally Trusted Sustainable, Growth Partner Mission As one of the largest and diverse conglomerates in the UAE, the Al Shirawi Group is committed to upholding the responsibilities and goals of the nation's sustainability goals. In our business endeavours and beyond, we prioritize, implement, and extend the scope for a better environment.
