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Job Description
About GMG:
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world’s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.
About the Role:
The job holder will be responsible for monitoring the customer’s account to ensure the collection on time.
Core Responsibilities:
- Manage order releases and collection
- Monitoring debtors balances to ensure a reduction in debtors DSO.
- Manage the credit and collection activities, of a portfolio of customers account to enhance cash flow, minimize credit risk and limit bad debts losses
- Monitor and escalate defined uncollectable accounts.
- Negotiating re-payment plans
- Apply policy and procedures for collections, credit hold and credit risk.
- Pro-actively identify accounts that pose a credit risk
- Reconcile accounts receivable statement and follow up the variations
- Support internal and external audits, as required.
- Manage the credit insurance as per company policies and norms
- Apply for credit insurance, overdue reporting and claim to insurance
- Follow up with insurance company after the claim submission, recovery from insurance
- Monthly and ad-hoc reporting of customers account (Ageing, overdue, insurance clam and more)
The person:
- Must have strong attention to details and have a pro-active approach to work
- Ability to communicate articulately and efficiently in English
- Effective organizational, stress and time management skills
Educational Qualifications and Certificates
- Masters in Commerce/Business
- CA inter/CPA/CMA
Experience
- A minimum of 3-5 years of relevant experience.
