Senior Credit Analyst

Description:

• 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