Credit Controller

1 week ago


Doha, Baladīyat ad Dawḩah, Qatar ACTION International Services LLC Full time

GENERAL DESCRIPTION

The Credit controller oversees the company's incoming collections, assesses creditworthiness of existing and new customers, sets credit policies, drives the customer credit approval process and manages bad debt losses. The credit controller will supervise a team of credit controllers that are stationed internationally in their respective regions across the GCC.

This is a critical end-to-end role which requires a mix of strong interpersonal skills, vast experience in all contractual & legal aspects of the (sub)contracting industry, advanced people management skills, and a thorough understanding of risk management and financial controls. An understanding of the fundamentals of IFRS, Treasury Management and Quantity Surveying is required, with a demonstrated knowledge of revenue recognition, revenue accrual and bad deb provisioning.

KEY RESPONSIBILITIES / ACCOUNTABILITIES

Supervisory/Management Duties:

  • Manage a team of credit controllers based in different GCC locations across the group.
  • Responsible for training, managing and providing guidance to the credit control team.
  • Liaise with country managers, project managers, quantity surveyors and senior management on debt and collections related matters.
  • Report to the Finance Director and Senior Management weekly on collection status, collections forecast and any other debt-related matters.
  • Ensure that escalation mechanisms are put in place and followed through for any matters that may materially affect the liquidity position of the company.

Duties/Responsibilities:

  • Review, update and analyze the debtor's ledger and collections daily.
  • Manage the credit evaluation and risk policy, credit application policy and legal proceedings policy.
  • Comply with and executes bad debt policies and procedures.
  • Maintain the company's bad debt provisions demonstrating an understanding of the associated accounting principles.
  • Ensure that credit policies are understood by any customer facing coworker.
  • Ensure that credit risk is controlled, cash collection is maximized and that monthly targets are met.
  • Report weekly invoicing, aging and collections to the Financial Director and attend customer meetings to resolve invoice, credit and collection queries.
  • Issue reminder letters and initiate legal proceedings, as per the applicable procedures.
  • Act as the focal point for any debtors related legal proceedings.
  • Assist the finance team with the month-end closing process for all debtor-related matters.
  • Assist the external and internal auditors, for any debtor-related matters.
  • Understand the company's Project Application, Project Certification processes and reporting.

QUALIFICATION REQUIREMENTS

  • Bachelor's degree in accounting, Finance, Business, Law, Quantity Surveying or related field.
  • Have significant experience in an end-to-end Credit Control role within a complex contracting environment, where the performance obligations of the company can span anything between a few days and multiple years.
  • Conduct periodical travel to customer sites across the GCC and commute between Dubai and Abu Dhabi offices.
  • Excellent management and supervisory skills, prior experience leading a small team.
  • Minimum of 7 years post-graduation experience.
  • Prior exposure to a Tier 1 ERP accounting system (Oracle, SAP, Ms Dynamics...) is desired.
  • Oil & gas, construction, contracting, infrastructure or project sector experience is a plus.

#J-18808-Ljbffr
  • Credit Controller

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar HILTI Full time

    What's the Role?:In your role as a Credit Controller, you will establish and maintain direct communication with our customers, our direct sales force and our customer service teams for prompt payment collection while you regularly review and update risk ratings to mitigate our financial risk exposure. Taking over project responsibilities as well, the role...

  • Credit Controller

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Tadmur Holding WLL Full time

    Bachelors' degree in Accounting/ Finance: Minimum 3 to 5 years experience in same role: Proficient in Oracle ERP & MS Office tools: Must have Qatar Driving License: Good experience in LC process and negotiation: Must have good experience in Customer payment follow up. Monitoring & identification of customer payment transfers. Proficient in generating various...


  • Doha, Baladīyat ad Dawḩah, Qatar Al-Futtaim Full time

    Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more...


  • Doha, Baladīyat ad Dawḩah, Qatar Al Asmakh A to Z Services Group Full time

    Agreeing payment terms and conditions with clients on credit arrangements Carrying out thorough credit checks for new customers to ensure eligibility for credit Managing internal and external debt payment questions and enquiries Ensuring payments are on track to be paid within the agreed terms Negotiating fair repayment plans with customers who are...

  • VP, Credit

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Citigroup Inc. Full time

    The Credit Portfolio Officer is a senior-level position responsible for leading activities including credit review, credit approvals and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manage Citi's portfolio exposure to client and counterparties...


  • Doha, Baladīyat ad Dawḩah, Qatar Al-Futtaim Full time

    Efficiently oversee and manage cheque processing and cash resources, ensuring optimal cash flow and zero discrepancies in cheque inventory.Ensure 100% accuracy and completeness of invoices and utility bills.Monitor and report on all payment transactions, ensuring accuracy, adherence to banking regulations, and alignment with internal policiesRegularly update...

  • Credit Portfolio

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Michael Page Full time

    Summary: Reporting to Head of Enterprise Risk Management the Credit Portfolio & Data Analyst will be responsible for developing and maintaining a Risk database to ensure data quality and cleanliness of the risk data. Also will assist with the monitoring of the Group's loan book by performing in-depth credit portfolio analysis across various products to...


  • Doha, Baladīyat ad Dawḩah, Qatar Credit Suisse Full time

    Your field of responsibilityCredit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856 and headquartered in Zurich, Switzerland, Credit Suisse has expanded to be a global force employing over 45,000 people from over 150 nations, based across 50 countries. With new leadership, a new...


  • Doha, Baladīyat ad Dawḩah, Qatar Mondrian Full time

    Company DescriptionFrom high-octane lobby socialising to events, celebrations, and business conclaves, every venue pulses to the electric Mondrian beat. With food and nightlife venues spread across eight different locations on the property, there is nothing like Mondrian Doha in the entire region.Job Description What do we expect from you?**Under the general...

  • T24 Developer,eno

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Credit Suisse Full time

    Your field of responsibilityYour field of responsibilityA number of new and exciting projects have been initiated within APAC PB IT, enabling you to directly chip in to the success of the business.Naturally, project details are commercially - sensitive but all our projects exhibit the following common features: Significant engagement with product owners and...


  • Doha, Baladīyat ad Dawḩah, Qatar Al Hattab Holding Full time

    Hiring "Credit And Collection Manager (Arabic National) - With Accounting background" for our reputed Holding group based companyVertical: Holding GroupQualifications, Mandatory to have the below:Should possess minimum 10+ Years of Experience in Credit Control and Collections.Should have good knowledge of Debt collection procedure.Must have High exposure of...


  • Doha, Baladīyat ad Dawḩah, Qatar Al Hattab Holding Full time

    Urgent required Credit And Collection Manager Arabic - With Accounting background for a Holding Company.- with minimum 10+ Years of Experience in Credit Control and Collections:- Should have good knowledge of Debt collection procedure:- Must have high exposure of handling receivables:- Must be Locally available in QATAR with valid transferable Qatar ID:-...

  • Cost Controller

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Wood Qatar Full time

    Responsiblity:Developinginternal control guidelines, policies, and procedures for budgetaccounting, cash and credit management, administration, and otheractivities.Coordinating and directingbudgeting, procurement, investment activities, and financialplanning.Ensuring compliance with state andfederal regulatory requirements and...


  • Doha, Baladīyat ad Dawḩah, Qatar amentum Full time

    Responsiblity:Developinginternal control guidelines, policies, and procedures for budgetaccounting, cash and credit management, administration, and otheractivities.Coordinatingand directing budgeting, procurement, investment activities, andfinancialplanning.Ensuringcompliance with state and federal regulatory requirements...

  • Cost Controller

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Accor Hotel Qatar Full time

    Consistently offers professional, engaging and friendly serviceManage the team for which you are responsible and ensure that they are trained and monitored to carry out the Company's processesOn daily basis, ensure security of the storage and receiving areas are under your controlTo provide HOD's with accurate delivery note details in order to establish...

  • Credit Manager

    1 week ago


    Doha, Baladīyat ad Dawḩah, Qatar Rosewood Hotel Group Full time

    General Information: Country/Region Qatar Province/City Doha Location Rosewood Doha Department Finance Job Type Fulltime PermanentWHO ARE WE?About Rosewood Doha Housed in two striking towers inspired by the coral reefs in the seas surrounding Qatar, Rosewood Doha and Rosewood Residences Doha will redefine ultraluxury hospitality for global citizens who crave...


  • Doha, Baladīyat ad Dawḩah, Qatar Shelter Full time

    Role & ResponsibilitiesResponsible for the financial control and integrity of all transactions and the timely and end to end process.Management of Audit, Banking, Group and other external adviser relationships.Responsible for the Statutory Accounts and the production of annual statutory accounts.Responsible for tax compliance and planning.Develop the Group...


  • Doha, Baladīyat ad Dawḩah, Qatar Shelter Full time

    Role & Responsibilities Responsible for the financial control and integrity of all transactions and the timely and end to end process. Management of Audit, Banking, Group and other external adviser relationships. Responsible for the Statutory Accounts and the production of annual statutory accounts. Responsible for tax compliance and planning. Develop the...


  • Doha, Baladīyat ad Dawḩah, Qatar Al-Futtaim Full time

    Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more...


  • Doha, Baladīyat ad Dawḩah, Qatar NielsenIQ Full time

    QualificationsDegree in Finance or Accounting preferredFluency in English and local language mandatory; third regionallanguage preferred Experience working inmultinational, multi-cultural environmentExperience working with remote counterparts