Credit Control Manager
- السعودية
- دائم
- دوام كامل
- Develop and implement effective credit control policies and collection strategies to minimize financial risk and maximize cash flow in alignment with company objectives.
- Review and evaluate customer credit applications, set credit limits, and monitor credit exposures.
- Establish and communicate monthly collection targets by Business Unit to the credit control team and ensure regular performance tracking.
- Monitor accounts receivable aging, identify high-risk accounts, and initiate appropriate actions to minimize overdue balances.
- Design and implement tailored collection strategies for key clients with recurring payment delays, in coordination with Business Unit Managers and Commercial teams.
- Oversee the preparation of monthly cash collection forecasts, DSO analysis, and risk dashboards.
- Lead the preparation of a monthly Credit Control Summary Report to the Managing Director, including but not limited to:
- Three-month collection forecast vs. actual landings
- Aging analysis and trend insights
- Performance by Business Unit and major clients
- Key risks and proposed mitigation actions
- Conduct regular credit risk assessments for new and existing customers, ensuring appropriate credit limits and payment terms are applied.
- Work closely with the Sales, Legal, and Finance departments to resolve disputes, ensure contract compliance, and support commercial negotiations.
- Oversee the escalation and resolution of critical overdue accounts, including initiating legal action when required.
- Ensure accuracy and timeliness of receivables reporting in the ERP system (e.g., SAP, Oracle).
- Support internal controls, audit requirements, and ensure full compliance with Saudi financial regulations and corporate governance standards
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field
- MBA/CMA/CPA is a plus
- 10+ years of experience with minimum 5 years in a senior credit control or receivable's role within Saudi Arabia.
- Experience in the Oil, Gas & Chemicals sector or industrial services is highly preferred.
- Strong knowledge of local credit laws, contract structures, and commercial practices in KSA.
- Proven ability to manage large receivables portfolios and handle high-value clients.
- Proficient in ERP systems and Microsoft Excel.
- Excellent communication, negotiation, and stakeholder management skills.
- Fluency in Arabic and English is highly required
- Strong analytical and problem-solving skills
- Leadership and team management abilities
- High attention to detail and integrity
- Ability to work under pressure and meet tight deadlines