Binzagr Careers Looking for HO Credit Controller in Jeddah , Saudi Arabia Full Time

Job Description

Job PurposeThe HO Credit Controller is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses.Main Accountabilities

• Ensure the Job Purpose happens
• Treat all customers, peers and colleagues with integrity and collaboration to ensure driving a high-performance culture.
• Model the core values, develop and enhance use of the Binzagr Company Universal Competencies adhering to the lead-by EXAMPLE competencies.
• Comply with all HR & Binzagr Company policies and procedures.
• Comply with all Standard Operating Procedures and Service Level Agreements

Main Responsibilities

• To monitor policies and procedures that will help the company meet its sales and risk management goals.
• Due diligence, comprehensive review and evaluation of active and non-active customer, take the corrective action and submit the recommendation to the Line Manager. ? Creation Cash and Credit Customers including Retail Van Salesman in SAP within the agreed time lines based on the submission of the collateral as per the company policy and procedure.
• Periodic Review of Credit Limit for Credit Customers across divisions and credit assessment for the down market customers.
• Complete due diligence before releasing the accounts for invoicing.
• Manage, monitor and maintenance end to end Customer Master data with continuous follow upand enhancement of driving change.
• Regular follow up of customer overdue with the divisions.
• Hold monthly/quarterly meeting with various divisions to discuss the overdue /exposures and revert back with the actions/recommendation to the Line Manager. ? Central clearing of Major Customers accounts based on the receipt of complete customer reconciliation.
• Quarterly review of Provisions for Trade and Other Receivables across divisions to be concluded based on the month before the Quarter ends and any risk are processed before the Financials for the Quarter are released.
• Circularization of Balance confirmation on half yearly basis, align with the Branches/divisions and consolidation all actions required to be taken.
• Follow up with the Branches to ensure all unallocated credits lying in the customers are cleared on timely manner.
• Aging report to be released twice a month centrally from Head.
• Ensure continues improvement and automations are implemented whether in the customer portal or in SAP where everapplicable.
• The candidate to be a creative thinker, problem solver, work with team and be proactive and act as a role model.
• Align with External and Internal Auditors to facilitate the audit process. ? VAT requirement compliance for advance payment are adhered.
• Compliance of Statutory Requirements in terms of customer collaterals and ensure zero tolerance.

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