Credit Control Assistant Manager, Savola, UAE

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Job Description

    Supervision of Subordinates: Organize and supervise the activities and work of a small team of subordinates to ensure that all work within a specific area of Credit Control Activity is carried out in an efficient and procedurally compliant manner.
    Budgets and Plans: Contribute to the preparation of the AR section budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified.
    Policies, Systems, Processes, & Procedures: Implement approved departmental policies, processes, procedures and instructions to subordinates and monitor their adherence so that work is carried out in a controlled manner
    Day- to-day Operations: Supervises the day-to-day operations of AR team to ensure that work processes are implemented as designed and comply with established policies, processes and procedures.
    Managing a team of Receivable Account officers
    Formulation of the company's credit policy to mitigate unnecessary risk.
    Reviewing credit applications and credit references to set credit limits and ensure creditworthiness.
    Preparing journal entries, and credit notes and assisting with month end
    Review and report on Aged Debtors
    Regularly meet and negotiate terms with third-party debt collection agencies.
    Manage write-offs, bad debt provisions and setting up of payment plans.
    Preparation of statement of claims for liquidators
    Assisting the broader accounts team
    Regularly reviewing the process and procedures to reduce debtor days.
    Continuous Improvement: Contribute to the identification of opportunities for continuous improvement of systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
    Reporting: Prepare reports timely and accurately to meet Savola and AR department requirements, policies and standards.
    Health, Safety, & Environment: Monitor the adherence to all relevant safety and environmental management procedures and controls to guarantee employee safety, legislative compliance, delivery of high-quality products/service and a responsible environmental attitude.
    Related Assignments: Perform other related duties or assignments as directed.

About Us
ABOUT SAVOLA

At Savola, we know who we are and we know what we are doing.

We are the leading strategic investment holding group in the food and retail sectors across the MENA (Middle East, North Africa) region. We are proud of our Saudi heritage, our current international presence and the ethical business model that sets us apart. We think that companies perform best when they play to their strengths. For us, this means focusing our resources on building a strong portfolio of assets in the food and retail sectors. Through companies under our two entities, Savola Foods and Savola Retail, we now operate large numbers of grocery stores and produce everyday household staples loved by consumers in 50 countries. Our profits also come from stakes we hold in other companies in our core sectors and other industries.

https://www.savola.com/en/about-us
About the Team
Life at Savola

Due to our reputation as one of the Kingdom’s leading employers, we remain committed to ensure the welfare of all our employees, reflected in a wide range of programs designed to enhance career development; recognise and reward outstanding staff and their achievements and promote a positive, balanced professional environment.

Our People
At Savola, we are committed to adding value for all stakeholders, as our human capital philosophy does not only benefit employees, but also has a direct effect on business performance, and ultimately, the value we offer to our shareholders. That's why investing in human capital is one of our core strategic priorities. Therefore, Savola enables its employees to create professional value by acquiring and developing a highly skilled and competent workforce that will face, respond and lead challenges, while investing in a values-driven culture that promotes outstanding performance and fosters leadership.




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