Cash and Credit Manager - MESA

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Responsible for developing and executing cash and credit management strategies for the Company. Responsible for treasury activities including cash management, customer relations and cash and credit planning. Has in-depth knowledge of best practices and how own area integrates with that of others; has working knowledge of competition and the factors that differentiates them in the market.

Roles and Responsibilities

• Manage cash collection process with customers, follow up with the customers to ensure timely cash collection (collection through LCs, bank transfers, checks).
• Provide visibility and estimates of cash to be collected monthly / quarterly from due and not due invoices for effective cashflow management.
• Provide visibility and estimates of Past dues. Review monthly risks and opportunities. Work with teams where applicable to manage and escalate disputes.
• Prepare quarterly BDR for the LCT (EQ and CS). Actively work with teams to reduce and mitigate the BDR tickets.
• Manage cash application process. Work with central team to provide timely input for cash application and minimize unapplied cash.
• Manage the quarterly customer balance reconciliation/confirmation process with the customers.
• Manage invoices delivery process for KSA and ensure timely submission of invoices.
• Actively monitor and track customer limits and flag potential credit limit breach. Work with the customers to arrange securities (LC, PDC, PNs, BGs etc.).
• Manage and develop the teams of cash collectors. Work with cross functional teams to find creative solutions to address complex problems that may impact receivables.

Required Qualifications

• Bachelor’s degree in finance or accounting from an accredited university.
• At least 10 years of experience in cash and credit management function.

Desired Characteristics

• Strong oral and written English and Arabic communication skills. Strong interpersonal and leadership skills. Demonstrated ability to analyze and resolve problems.