Senior Credit Controller

GENERAL DESCRIPTION The Credit controller oversees the incoming collections of the company in Qatar and Kuwait prepares and submit his assessment on the creditworthiness of existing and new customers follows up the submitted assessment of customer credit for approval reports directly any case of delinquent customer based on delay in payment bad market info early warning signals and request bad debt provisioning where required The credit controller will report to the GCC Manager This is a critical endtoend role which requires a mix of strong interpersonal skills good experience in all contractual legal aspects of the sub contracting industry 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 The Credit controller must master the ability to communicate at all levels and it is essential to build strong relationships with both customers representatives and internal stakeholders including but not limited to sales managers project engineers country managers accountancy team and so on KEY RESPONSIBILITIES ACCOUNTABILITIES Complies with credit policy and procedure Managing a portfolio of accounts in Qatar and Kuwait by building a strong relationship to ensure payments are made on time Follow up daily on collections with the customers thru calls and site office visits to ensure payments are received within the respected payment terms Ensures that credit risk is controlled cash collection is maximized and that monthly targets are met Attends customer meetings to resolve invoice credit and collection queries reconciliation of accounts Issues reminder of payment letters and recommends restructuring or initiation of legal proceedings as per the applicable procedures Reports daily weekly collections to the GCC Manager and submit Receipt Vouchers to the accounting team immediately Reports immediately any case of delinquent customer to the GCC Manager Review update and analyze the debtors ledger and collections daily Gains a thorough understanding of the companys Project Application and Project Certification processes and reporting QUALIFICATION REQUIREMENTS Bachelors degree in Accounting Finance Business Administration Have significant experience in an endtoend 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 Be willing to periodically travel to customer sites in Kuwait main location being Qatar Excellent analytical thinking and well experienced in restructuring settlement deals Minimum of 57 years postgraduation 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 Experience in the Qatar market is a must Kuwaiti market is a plus Arabic speaking is a must