Apply for Asst.Credit & Collection Officer Role at Al Mulla Group

Kuwait Job Openings

Al Mulla Group

Asst.Credit & Collection Officer

Kuwait City

August 1, 2024

Responsibilities

•Evaluate credit worthiness of customers and assign rating/credit terms.•Perform periodic review of the credit worthiness of existing customers and re-evaluate the existing credit terms.•Process credit applications as per approved policies and procedures.•Ensure that customer invoicing & collection efforts are strictly in line with the approved credit terms.•Continuously improve the collection efforts and achieve timely/speedy collection of receivables through effective co-ordination with collectors across the Group and maintain the overdue at the minimum at all times.•Rigorously follow-up with customers on the overdue invoices, expedite collection and minimize losses.•Ensure full compliance to the Group Credit Policy across the Group.•Ensure strict compliance to the Group PDD policy by all the Businesses across the Group and document exception approvals, if any.•Create & maintain Party Masters involving creation of party codes in compliance Customer onboarding Policy•Review the vendor payments against the receivable from them and advise appropriate action.•Preparation and reporting of monthly AR Aging reports by Business Unit. Perform receivables, credit and collection analysis and report. Prepare adhoc reports as required by the management.•Review the bank accounts regularly and account for the direct bank credit collections.•Collate and provide necessary documentation for litigation cases to Group Legal.•Keep custody of Post Dated Cheques, maintain the PDC register and arrange deposits on time.•Periodically collect, update and retain required financial information from credit customers.•Respond to customer queries.•Co-ordinate with divisional collection personnel on various activities relating to AR for timely collection of receivables.

Job Requirements

Educational Qualifications

Education Degree

: Bachelor

Major

: Finance/Accountancy/Banking or equivalent

Experience

Years of Experience

: 3 - 7 Years

Field of Experience

: Finance/Credit & Collection

Skills

•Strong systems skills; solid analytical and negotiation skills; and a solid knowledge of commercial credit and collection procedures•Bilingual with professional verbal and written communication skills•Assertive communication and follow up with customers•Patience, resilience and work pressure tolerance•Thorough Knowledge of Order to Cash / AR Module top ERPs like Oracle, SAP, etc.

Other Requirements

Gender

: Any

Age

: 30 - 45 Years

Preferred Language

: Arabic, English

Duty Shift / Timings

: One Shift / 7:00 am to 3:00 pm

Salary & Benefits

Salary

: Attractive Salary

Other Benefits

: Car Allowance (Nature of Work)

Job Remarks

Job Country

: Kuwait

Nationality

: Any

Career Level

: Mid-Career

We regret to inform you that this job opportunity is no longer available as it has expired

New Job Alerts

MSD

Sales Lead Pharma Lines, Kuwait and Bahrain

As Sālimīyah

FULL TIME

November 19, 2024

View Job Description

trigulf

Sales Executive

Kuwait City

FULL TIME & PART TIME

November 19, 2024

View Job Description

Holiday Inn

Human Resources Supervisor

Al Farwānīyah

November 19, 2024

View Job Description

Axios International

Physiotherapist (Kuwait)

Kuwait City

FULL TIME

November 19, 2024

View Job Description

Amentum

TPE Supply Technician (E2S)

Kuwait City

FULL TIME

November 19, 2024

View Job Description

Looking for similar job?

Ooredoo

Team Leader, B2B Collection / Fast Telco Subsidiary of Ooredoo Kuwait

Kuwait City

FULL TIME

August 27, 2024

View Job Description

Ooredoo

Executive, B2B Collection / Fast Telco Subsidiary of Ooredoo Kuwait

Counter Agent

Kuwait City

FULL TIME

November 19, 2024

View Job Description