Job description

Job Title
Senior Specialist - Credit

Job Scope

The Senior Credit Officer is accountable for evaluating and developing the creditworthiness of existing and new customers. S/He will be responsible for collections, reducing the credit risk and DSO. S/He will also manage the credit insurance timeline reporting, ensure compliance with the insurance policy and obtain sufficient insurance coverage.

• Follow up on collection of accounts receivable, ensure reconciliation, resolve discrepancies and escalate any irregularities to the Credit Manager
• Deal with customer credit issues in coordination with the sales team and other departments on a regular basis
• Prepare and send the balance confirmation on a quarterly basis and statements to clients on a monthly basis
• Build and maintain the customer credit files with the necessary supporting documents and update them regularly
• Define and evaluate the credit limit for all customers based on their audited financial statements, market feedback, other asset values and appraisal of new and old customers
• Approve the credit line for the customers within the approved insured limit
• Comply with the reporting timelines and ensure immediate reporting of adverse information to the insurance company to avoid breach of insurance policy
• Coordinate with other departments in resolving all issues related to unpaid debts and oversee legal proceedings and related settlements
• Streamline LC transactions and ensure the compliance of LC/BG T&C to avoid discrepancies and timely closure of LC/BG payments from banks with minimized financial costs and eliminated risks
• Build sound relationships and conduct regular visits to customers managing their accounts and collecting information for financial reviews
• Prepare periodic MIS and data management reports to the Credit Manager

Bachelor’s degree in Finance, Accounting or any other related field

3–5 years of experience in a similar Accounts Receivable / Collections role.
Strong experience in driving the collections process, monitoring accounts receivable ageing, and establishing clear action plans for overdue accounts.
Strong coordination skills, with proven ability to work cross-functionally to resolve invoicing, documentation, and commercial issues that may delay payment.

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