Job Code: 47572
Location: Oman
Group Credit Head (Group Credit Controller) for Oman
One of our clients in the Middle East needs to fill the following position asap.
Position : Group Credit Head ( Group Credit Controller )
Education : CA/ CFA/ MBA - Finance/ Equivalent
Experience : 10 - 14 years in risk assessment in a commercial
business environment, with a minimum of 7 years in a managerial
position; with demonstrable experience in using skills and judgement to
assess and approve credit risk. Should have a good knowledge of
credit-related contract law. Experience with trade receivables
management and collection very desirable.
Location: Oman
Compensation : Commensurate with candidate caliber and experience with usual tax-free salary and perks applicable to Gulf region
Role Responsibilities & Requirements :
- The Group Credit Head/ Group Credit Controller heads and leads
the Group Credit Department, and is accountable to CFO for all aspects
of Receivables management
- Recommends credit policy, designs / develops and implements
procedures, and manages and monitors the Group/ company’s risk
assessment and management as well as credit and collections processes,
ensures all credit accounts are well controlled and that all outstanding
monies owed to the Group/ company are collected
- Initiates recovery actions against delinquents and manages
recovery processes including legal actions, manages, monitors, guides
and develops the Credit team, including Bill Collectors, responsible for
recruitment selection, and for ensuring training and development of
personnel working in the department
- Evaluates performance, ensures credit policies are followed in
all transactions referred to and requiring the department’s approval,
also responsible for information flows at all relevant levels, including
receivable and collection reports, carries out day-to-day collection of
debts with an especially-close and direct responsibility for large
accounts and for any overdue debt, while managing escalations to reduce
debtor days
- Ensures that new accounts are credit-worthy, puts in place
measures to review and verify credit/loan applications/applicants and
ensures that the Group/company and its client(s) trade with each other
according to agreed and approved terms, carries out periodical credit
reviews of existing customers, including renewing or amending approved
credit limits and terms
- Negotiates terms and other trade conditions with clients,
including where required special offers including discounts, to maximize
cash flow benefits, a history of accomplishments in the field, GCC
experience would be an added advantage
- Excellent communication skills required for liaising with debtors
and with staff across all levels, fluency in English is essential,
knowledge of other languages, principally Arabic, is desirable,
knowledge of written Arabic an added advantage, an ability to drive,
with a valid light vehicle driving licence
If you fit in, please mail your CV in Word format alongwith current
& expected CTC, notice period to the mail-id below. Do mention exact
job title in the subjectline of your mail for it to be noticed.
Email : pksy2k@hotmail.com
Pradeep K. Sharma
Founder CEO - PKS & Associates
BC - 57, Nirvana Country, Sec - 50, Gurgaon - 122 018, INDIA
LinkedIn : http://www.linkedin.com/in/pradeepksharma
