Senior Credit Analyst



  • Lead the central invoice Submission process:
  • Preparation of docs based on each customer requirements.
  • Updating Invoice submission tracker.
  • Follow-up with collection team on physically submitted documents.
  • Root-cause analysis for non-submitted invoices
  • Provides direct manager & team members with information and reports on all dimensions of work area performance to facilitate discussion and decision making, both on a periodic basis and for ad-hoc management requests.
  • Lead K2 disputes process:
  • Analysis of (New, active, resolved & Collected disputes)
  • Communication with resolvers to obtain the required feedback
  • Reporting of disputes non-resolved in 15 days, escalating to CFO & MD.
  • Lead the dunning letters / statement of accounts process:
  • Responsible of sending dunning letters / statement of accounts manually when needed following the guidelines of dunning letters / statement of accounts process approved in KSA.
  • Reporting all non-automatically sent dunning letters, and their status
  • Lead updating customers contact details database
  • Making sure all required data is available on the system for smooth receivables automation process.
  • Lead the suspension & cancellation process.
  • Suspending & cancelling customer`s units based on KSA policy.
  • Updating suspension and cancellation list on monthly basis.
  • Lead the AR report (Daily) update.
  • Adding new invoices / Distributing invoices on each territory / collector insuring the correct portfolio balance between team members.
  • Lead the 3rd party debt collection agency process
  • Preparing Semi-monthly reporting including all cases shared with each update, indicating changes, collections & any notable updates.
  • Support in major customers SOA reconciliation with all the KSA collection members. Monthly collection target forecast, setting & Month-to-date tracking, Actual Vs forecast evaluation.

Minimum Qualifications:

  • Bachelor’s degree in Finance/Accounting or equivalent
  • 3-5 years of relevant experience
  • Perfect team player & communicator
  • Ability to pursue required data by other departments with punctuality & confidence
  • Proven credit & collection analytical & reporting skills.
  • Proven record of collection targets forecasting & collectors’ evaluation KPI`s.
  • Proven record of using collection/receivables system
  • Excellent Excel & power-point skills
  • Arabic (native) – English (very good)
  • Ability to connect with the internal & external customers and maintain ongoing relationship to facilitate timely collection of dues
  • Saudi Nationals Preferred

Organization Otis Elevator Co.
Industry Accounting / Finance / Audit Jobs
Occupational Category Senior Credit Analyst
Job Location Jeddah,Saudi Arabia
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Experienced Professional
Experience 3 Years
Posted at 2024-07-09 7:31 am
Expires on 2024-10-07