Credit Officer

Job Title

Credit Officer

Job Scope

The Credit Officer is accountable for applying the company credit and collection policies and practices while implementing internal control systems. S/He assesses the creditworthiness of existing and/or prospective clients, examines and reports financial transactions and credit history.

Main Duties and Responsibilities

• Maximize the accounts receivable performance and mitigate risks through timely collections and accurate follow-up on due amounts
• Approve the credit line for small to mid-sized customer accounts within the approved insurance limit
• Deal with customer credit issues in coordination with the sales team and other departments on a regular basis
• Ensure postdated cheques are collected and deposited on time
• Prepare and send the balance confirmation and monthly statements to clients and report on status to concerned
• Build and maintain the customer credit files with the necessary supporting documents and update them regularly
• Coordinate with the sales team on credit actions as and when necessary

Position Requirements

Education

Bachelor’s degree in Finance, Accounting or any other related field

Experience

At least 2 to 3 years of relevant experience

Strong ability to analyze financial statements, assess customer creditworthiness, and evaluate financial performance.

Hands-on experience in credit assessment, credit risk analysis, credit approvals, credit monitoring, and receivables management.

Exposure to accounts receivable follow-up and collection activities.

Experience dealing with credit insurance or trade credit insurance is considered an advantage.

Experience handling customers across the Levant and GCC markets is preferred.

Advanced proficiency in Microsoft Excel.

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