Senior Credit Officer
Nasr City, Cairo
Senior Credit Officer
Nasr City, CairoPosted 1 month ago34Applicants for1 open position
- 19Viewed
- 6In Consideration
- 4Not Selected
Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
- Implementing a strategy to improve the collection of outstanding credit.
- Implementing collection policies and procedures to avoid excessive outstanding credit.
- Systematically and aggressively follow-up current non-performing and unsatisfactory accounts order to reduce exposure and maintain loss experience to a minimum level.
- Implementing deadlines for invoicing and payment collection
- Follow up collections of accounts Receivable, taking all necessary actions to secure timely payment and emphasize on overdue amounts
- Ensuring that the company policy on recoveries is followed and that it is in line with governmental and internal regulations of the company.
- Negotiating with customers in cases when non-payment occurs
- Ensure that the line manager is informed immediately of any challenge, system problems or customer difficulties that may be experienced in credit & collections on a daily basis.
- Ensures collectors follow all protocols, laws and regulations to collect payments efficiently.
- Examine all credit demands originating through the respective department for credit customers.
- Supervise accounts receivable activities in terms of billings, payment postings and internal follow-ups.
- Ensure that statement of accounts and follow up emails are mailed on timely basis.
- Prepare monthly report on payment collections.
- Perform any other duties as assigned by the line manager.
Job Requirements
- Bachelor’s degree in Finance, Accounting, or a related field.
- 3- 5 years of relevant experience in the domain
- Experience in travel & tourism industry is an added advantage.
- Strong knowledge of credit risk assessment and financial analysis.
- Proficiency in evaluating credit risk and making sound decisions on extending credit risk analysis.
- Capability to develop, implement, and enforce credit policies and procedures to ensure consistent and effective credit management system.
