Credit Manager
FMCG Company
Total years of experience :22 years, 5 Months
• Responsible for the control of specific section of accounts within the sales ledger, to facilitate a high level of cash-flow and minimize levels of overdue debts.
• Establish and maintain regular relationship and contact with our UAE, Qatar and international (GCC) customer by way of meeting, calls and correspondence.
• Highly organized with ability to manage multiple priorities and deliver assignments on time.
• Evaluate credit status of all customer’s receivables. Handle accounts issue and legal cases.
• Monitor the payment of installments and follow up vigorously any outstanding payments sending payment notes and default notification as required.
• Supervision for company receivables, processing and approval for all Credit Facilities. Regular review of outstanding
• Meet collection targets in order to maintain positive cash flow, monitor collections and act as per advice of sales dept. / finance dept. regarding placing orders on hold.
• Prepare monthly management information reports including payments due and collection status.
• Identify overdue (delinquent) accounts, contact customers regarding outstanding payments and prepare reports on the status of credit and collection activities to minimize outstanding debts.
• Handled reconciliation of Branches / Major bank reconciliation.
• Answer queries and enquiries from customers within our section of accounts, and ensure that payments are correctly allocated, to the appropriate accounts and against the appropriate invoices
• Establish and maintain regular relationship and contact with our UAE, Qatar and international (GCC) customer by way of meeting, calls and correspondence.
• Handle all major projects invoicing and directly dispatching to the client
• Handle all customer correspondence issuance of sale agreements transfers etc.
• Responsible for the control of specific sections of accounts within the sales ledger, to facilitate a high level of cash-flow and minimize levels of overdue debts
• Monitor the payment of installments and follow up vigorously any outstanding payments sending payment notes and default notification as required.
• Collection outstanding debts within the agreed credit terms
• Supervision for company receivables, processing and approval for all Credit Facilities
• Regular review of outstanding balances and taking action in case of excess limit. Supervision in Sales dept. for the receivable collection.
• Follow up for the payment against bank guarantee
• Plan and manage results of daily calling and collector activity with an objective to ensure timely collection of the overdue payments and clear follow up for the next payment dues.
• Assist the finance team in the receivables.
• Handled reconciliation of Branches / Major bank reconciliation and fully reconciled with finance team with an objective to update the department head on analysis of default profiles or any specific patters observed is defaults
• Preparing of Monthly Cash in flow statement.
• Prepare Monthly management information reports including payments due and collection status.
• Answer queries and enquiries from customers within our section of accounts, and ensure that payments are correctly allocated, to the appropriate accounts and against the appropriate invoices.