MAIN PURPOSE OF JOB : The Credit Officer will be managing and organising the collections as well helping to resolve any disputes according to the Rapid Access credit control policy.
Reporting into the Credit Control Manager, the Credit Officer will be part of a team responsible for credit and collection across the assigned geographical region.
They will ensure the timely collection of receivables from invoice submission when the first bills become due to payment.
The Credit Officer will be responsible for the timely collection of accounts receivable including analysing delinquent account balances and determining the appropriate plan of action to successfully resolve overdue customer debt and minimise outstanding receivables.
KEY RESPONSIBILITIES : Account Management Work with the Senior Credit Controllers to manage a portfolio of customer accounts Cash Collection Visit customers to organise cash collection in order to meet cash collection targets Inform customers of overdue accounts and amount currently owed Follow up on and track all overdue customer accounts through regular collection reminder phone calls and written collection communication Discuss with customers to determine reasons for overdue payments Record customer commitment to repay debt Reconciliations Ensure that invoices are correct and issued and on time to customers Ensure collection is correct and made as per the agreed payment terms and credit limits Support the ongoing reconciliation between customer requests for credits and our own engineering records Reconcile customer accounts with customer statements Appropriately entering and allocating all cash receipts into the Finance system Reporting Maintaining detailed records of all collection activity Provide a weekly forecast of expected cash collections for the Senior Credit Controllers to review Report on changes from earlier cash collection forecasts Escalations Feedback on company issues, market issues, credit control and customer service issues Escalate the default customer accounts to the Senior Credit Controllers if necessary Other Daily banking and processing received cheques and cash Participate in and suggest continuous process improvement ideas Follow up on customer queries Appropriately issue credit notes on timely basis Job Details Posted Date : 2018-
06-12Job Location : Al Ahmadi, KuwaitJob Role : Finance and InvestmentCompany Industry : Construction; EngineeringMonthly Salary : US $1,500 Preferred Candidate Career Level : Mid CareerGender : Male