Analyst - Credit and Collections
- Riyadh, Saudi Arabia*Analyst - Credit and Collections
- Riyadh, Saudi ArabiaPosted 16 days ago 37People have clicked 1 open position Experience Needed: Not Specified Education Level: Not Specified Job Details
Career Level: Not specified Salary: Confidential Job Categories:
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Job Description
Job Description
Analyst - Credit and Collections (Riyadh, KSA)
Job Type Permanent, full time (hybrid)
Location: Riyadh, KSA
Position Reports To: Manager – Credit and Collections
Job Summary: Responsible for monitoring and controlling the Accounts Receivables ledger for the KSA Central region, and to support with obtaining financial data for Credit & Risk reviews for new & existing customers
KEY RESPONSIBILITIES
Support with obtaining financial data for Credit & Risk reviews for new & existing customers
Prepare, send and follow up on monthly Statements of Accounts (SOA’s) to clients and ensure that invoices are paid in a timely manner
Early detection of disputes, logging in the Dispute Management system (DTS) and working closely with Sales through to resolution
Manage and respond to order release requests in a timely manner, in line with Credit best practice
Build rapport with key clients, and establish a clear process for regular payments to keep debtor balances in check
Occasionally visit clients to follow up outstanding invoices or unresolved issues to recover payment
Undertake detailed customer account reconciliations as required
Letter of Credit management, from draft LC review through to LC document submission and payment
Identify changes in payment patterns and propose action to avert indebtedness
Maintain accurate records of all follow up activities within Wesco Anixter systems
Respond promptly and accurately to both external and internal clients & stakeholders
Prepare local reporting per Wesco Anixter EMEA Credit Management requirements
Other duties as delegated from time to time by the Credit Manager, or any other person designated in their absence
ESSENTIAL WORK SKILLS
Minimum 5-10 experience of working in a Credit & Collections function, ideally for a MNC
Familiar with AR principles from Order to Cash - Risk, Order Releasing, Invoicing, Collecting Cash,
Reconciliations and Finance Reporting
Confident with exceptional communication skills, to build trusted customer relationships
Ability to sort, prioritize & work efficiently and identify gaps & areas of improvement
Ability to anticipate work needs and follow through with minimum direction
Ability to listen, communicate well (both written & verbal) with customers, colleagues and stakeholders
Ability to work independently, be energetic and a self-starter
Fluent in English & Arabic
PERSON SPECIFICATION
Previous work experience in a Credit position with minimum of 5-10 years PQE, ideally within a MNC
Degree in Commerce/ Accounting/ Economics
Excellent keyboard skills and strong competence of Microsoft Excel, Outlook, Team & Access/ SQL
High standard of numeracy and accuracy with excellent attention to detail
A team player with a flexible approach and a willingness to learn
Professional, outgoing & confident personality, able to operate at all levels (internally & externally)
Strong organizational & time management skills
Wesco International, Inc., including its subsidiaries and affiliates (“Wesco”) provides equal employment opportunities to all employees and applicants for employment. Employment decisions are made without regard to race, religion, color, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law. US applicants only, we are an Equal Opportunity and Affirmative Action Employer.
The compensation amount is not guaranteed. This amount is what we reasonably believe we will pay for the position, however, offer amounts may vary based on factors such as geographic location, experience and qualifications.
Wesco provides a variety of benefits to employees. More information about benefits is available . For eligible positions, compensation may also include participation in an incentive plan.
