Location: Riyadh, Saudi Arabia
Department: Finance and Accounting
Job Summary:
We are seeking a detail -oriented and experienced Credit Controller / Certified Management Accountant to join our finance team in Riyadh, Saudi Arabia. The successful candidate will be responsible for managing the company’s accounts receivable, credit control, and dispute resolution processes while maintaining relationships with key external stakeholders. This role requires strong analytical skills, a deep understanding of financial management, and the ability to ensure effective collection strategies and reporting. The candidate will also be involved in budgeting, VAT management, inventory control, and decision support for the business.
Key Responsibilities:
1. Collections Management (Accounts Receivable):
- Oversee the company’s collections process, ensuring timely payments from clients and managing overdue accounts.
- Implement and optimize credit control procedures to minimize bad debts and maintain positive cash flow.
- Maintain accurate records of all collections activity in the financial system.
2. Dispute Resolution:
- Investigate and resolve client billing disputes in collaboration with internal teams.
- Serve as the primary point of contact for clients regarding payment discrepancies and related queries.
- Work with legal teams on complex dispute cases, when necessary.
3. Credit Control and Accounts Receivable (AR):
- Perform credit assessments of new and existing customers, setting credit limits in line with company policy.
- Monitor and review customer accounts, ensuring adherence to credit terms.
- Coordinate with sales teams to align credit terms with client agreements.
4. Reporting Requirements & Ad Hoc Reporting:
- Prepare monthly and quarterly financial reports related to credit control, collections, and accounts receivable.
- Generate ad hoc reports to support management decision -making processes.
5. Monitoring Performance:
- Track key performance indicators (KPIs) related to collections, credit risk, and payment timelines.
- Regularly review accounts to ensure performance aligns with credit policies and targets.
6. External Relationships:
- Build and maintain strong relationships with customers, banks, auditors, and other external stakeholders.
- Act as the liaison between the company and external debt collectors, where necessary.
7. Accounts Payable (AP) and General Ledger (GL):
- Work closely with the accounts payable team to ensure that invoices are processed and paid on time.
- Assist in maintaining accurate and up -to -date general ledger records.
8. Treasury Management:
- Support treasury functions, ensuring that cash flow and liquidity needs are met.
- Assist in the forecasting of cash requirements and planning for adequate funding.
9. Record to Report (R2R):
- Ensure compliance with Record to Report (R2R) processes, including timely month -end close, reconciliations, and accurate financial reporting.
- Provide decision support through detailed analysis and insights on financial performance.
10. Budgeting & Forecasting:
- Assist in preparing the annual budget and periodic forecasts.
- Analyze variances between actual results and budget, providing recommendations for improvement.
11. Value Added Tax (VAT) & Regulatory Compliance:
- Ensure that VAT is accurately recorded and reported in compliance with local tax regulations.
- Support audit and tax filing processes, ensuring compliance with legal and regulatory requirements.
12. Inventory Control:
- Work with the inventory management team to ensure accurate accounting of stock.
- Assist in the analysis and reporting of inventory movements and valuations.
13. Decision Support:
- Provide financial analysis and support to management on various projects, including cost analysis, pricing, and profitability.
- Assist in the evaluation of new business opportunities and investment decisions.
Requirements
Qualifications & Skills:
- Certified Management Accountant (CMA) qualification or equivalent.
- Proven experience as a Credit Controller or Accounts Receivable Manager in a fast -paced environment.
- Strong knowledge of Accounts Receivable (AR), Accounts Payable (AP), General Ledger (GL), and Treasury Management functions.
- Expertise in Collections Management, Dispute Resolution, Credit Control, and VAT management.
- Excellent understanding of budgeting, financial reporting, and R2R processes.
- Strong analytical skills with the ability to interpret complex financial data.
- Experience working with financial software systems such as ERP, Zoho Books, or similar tools.
- Excellent communication and negotiation skills with external clients and stakeholders.
- Ability to work under pressure and meet tight deadlines.
- High attention to detail and accuracy in financial reporting.
Preferred Experience:
- Prior experience in event management or related industries.
- Knowledge of local and international VAT regulations.
- Familiarity with ad hoc reporting tools and financial data analysis software.
Key Competencies:
- Financial and business acumen
- Problem -solving and dispute resolution skills
- Strong communication and negotiation
- Strategic thinking and decision support
- Leadership and team collaboration
Salary :
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