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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh

About the Role

Al-Futtaim, a diversified regional business headquartered in Dubai, UAE, is seeking a Saudization Credit Controller for its BYD Body Shop in Riyadh. Established in the 1930s, Al-Futtaim operates across five divisions: automotive, financial services, real estate, retail, and healthcare, employing over 35,000 people in more than 20 countries. The Credit Controller plays a key role in managing receivables within the Body and Paint division, supporting the Credit Control Manager and Business Unit Finance Manager. This position is vital for ensuring timely collection of dues through process streamlining, monitoring financial indicators, and effectively managing customer relationships, including those with challenging payment histories. The role requires strong judgment and data control skills due to exposure to sensitive financial information, and demands close collaboration with shared services and department teams to mitigate financial risks and uphold best practices.

Key Responsibilities

  • Support the Credit Control Manager in reviewing and optimizing current department processes for timely invoicing and cash collection.
  • Prepare, review, and provide Management Information System (MIS) reports on receivables by division and customer, offering insights to the Credit Control Manager for identifying areas of concern.
  • Collaborate with the Credit Control department to mitigate financial risks.
  • Prepare and report on key performance indicators (KPIs) for each division, regularly reviewing them with the Credit Control Manager and Business Unit Finance Manager.
  • Provide strategic insights to assist the Credit Control Manager in developing and executing collection strategies and action plans.
  • Liaise closely with Finance Shared Services on debtor reports, accounting, and receivables monitoring.
  • Perform monthly preparation and review of reports with the Credit Control Manager and Business Unit Finance Manager according to an agreed timetable.
  • Ensure timely submission of receivables provision, providing insights and reconciliations for disputed customer balances.
  • Conduct timely reviews of customer outstanding dues and collaborate with the Credit Control Manager to devise payment plans where necessary.
  • Support efforts to reduce the overdue percentage by providing strategic insights.
  • Provide necessary support to the Credit Control Manager in addressing difficult customers and overdue payments.
  • Foster an open and honest work environment that promotes teamwork to achieve common business objectives.
  • Perform tasks outside the standard scope of work as required by business demands.

Qualifications and Requirements

  • Possess an internationally accredited professional accountancy qualification or a Bachelor of Commerce/Diploma in Accounting Financial Management.
  • Minimum of 3 years of experience in receivables management, preferably within a large company.
  • Prior experience with Parts Dealers business is considered an added advantage.
  • Excellent communication skills, both verbal and written.
  • Knowledge of Arabic is considered an added advantage.

Required Skills

  • Strong analytical skills to interpret financial data and develop strategic recommendations.
  • Ability to lead and coach teams effectively, fostering top performance within diverse groups.
  • Proficiency in SAP or other advanced computer applications, demonstrating high computer literacy.
  • Capacity to engage effectively with all organizational levels, providing clear communication internally and externally.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within Al-Futtaim Automotive's BYD Body Shop. The role requires 2-5 years of experience in receivables management.


Requirements

  • Requires 2-5 Years experience

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