Region Credit Controller
AECOM ARABIA
Total years of experience :13 years, 11 Months
•Manage and work directly to improve the activities of the credit department for the organization.
•Determine what new accounts will be established for new customers by reviewing and researching credit payment history and obtain further information if necessary.
•Evaluate, provide analysis, conclusion and recommendations to determine credit line amounts and communicate this information to customers and other team members of the company.
•Review and adjust credit lines on a regular basis or when requested for existing accounts and revoke lines of credit upon receipt of external information pertinent to financial strength of account.
•Enforcing the company’s policy, engaged in conducting credit investigations and collecting delinquent accounts and communicates all credit related issues to senior management.
Duties and responsibilities
•Create a credit risk management environment of an acceptable quality, in terms of established credit guidelines.
• Assist in developing sound, acceptable credit policies.
•Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
•Interact transactions and balances to maintain accurate accounts
•Initiate credits and adjustments on requests for extended terms, and evaluate various adjustments or exception documents.
•Submit requests to senior management and supporting documentation for accounts requiring credit lines.
•Research and make decisions on finance charges.
•Maintain bad debt and bad debt recovery records.
•Monitor receivables and collections and provide appropriate reporting procedures.
•Identify problem accounts and provide regular updates to management.
•Negotiate payment programs with delinquent customers.
•Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors
•Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
•Develop process and procedures for evaluating customer financials and setting and changing credit lines/limits, as well as credit holds, Implement liens as necessary to major delinquent account as approved
•Generates legal documents used in the credit function
Credit & Collection responsibilities
•Managing the credit facility section for Al Jaber Group of Companies
•Analyzing and checking the credit facilities and deciding whether or not to offer the credit
•Setting up the terms and conditions of the credit & review terms of sales
•Ensure all customers’ information is correct, including phone numbers and addresses
•Liaising with the sales and accounts receivable teams to resolve outstanding queries
•Leading the weekly collection meeting
•Working to strict monthly and annually collections targets
Follow up with customer
•Ensuring customers pay on time
•Chasing debtors and late payments by telephone, email and visit
•Reducing debtor days and Collect payments on past due bills
•Coordinating with different companies of the Group for common customer and vendor
•Checking the follow of internal and external Cash Deal and Transaction
•Allocating payments in accordance with customer remittance
•Inform clients of overdue accounts and amount currently owed
•Processing and generating reminder letters and monthly statements
•Using specialist computer database (JDE) to check credit records
•Sorting out payment plans, Set up repayment plans and new terms of sale
Negotiate repayment plan
•Contact Customers to solve outstanding issues and reconcile the statements, and agree on collections to clear due payments
•Create a list of outstanding balances for who have not made payments
•Investigating and resolving queries relating to unpaid invoices
•Negotiating re-payment plans
•Record new commitment to repay debt
•Arranging for goods to be repossessed to cover the outstanding debt
•Listen to customer's story and determine if debt can be collected.
Legal matter
• Notify credit departments, sales department & production team, and turn over account records to attorneys when customers fail to respond to collection attempts.
• Meet with the company’s legal department to arrange the sufficient documentation to proceed with a lawsuit.
• Recommend bad debt write-offs or that accounts be shifted to a collection agency
Inventory Controller
•Controller for 23 Internals warehouses for Al Jaber Group of Companies
•Controller for 19 External warehouses for Al Jaber Industrial & Trading Companies.
•Planning and supervising the Perpetual or periodic inventory count plan of the warehouses
•Planning and supervising the end of year Inventory count plan of the warehouses.
•Prepare manual entries for non-systematic warehouse.
•Prepare the Team Allocation report for inventory count
•Follow up, on a monthly basis, the provisions of inventory obsolescence taken by AJG, to ensure that it has been recorded as per the policy & procedure
•Adjustment for inventory, addition or reduction along with proper clarification
Returned materials from Sites, Removed parts from scraped vehicles, Extra Items received from Supplier, Samples Items (FOC), Mistakes issuance of item code, Damage items, Missing items, Dead and non-moving Items
•Solving all JDE Stock transaction Errors (Physical Auditing and system Quantity)
•Reconcile the Inventory Ledger vs. General ledger Balances and make Journal voucher (JV) to adjust the records.
•Following & Auditing on the Process of issuing and receiving of inventory.