Credit Control Officer Dubai UAE

Position: Credit Control Officer

Date posted: 2023-10-09

Industry: other

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 5000 to 10000es

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Credit Control Officer Dubai to join our dynamic team must be highly motivated and experienced. The ideal candidate will come from a banking background and have a strong understanding of credit management and financial analysis. The primary responsibility of the Credit Control Officer will be to ensure the timely collection of outstanding debts, mitigate credit risks, and maintain healthy financial relationships with our clients.

Key Responsibilities:

• Credit Assessment: Conduct thorough credit assessments of potential and existing clients to determine creditworthiness.
• Debt Collection: Proactively manage and follow up on overdue accounts to ensure timely payment.
• Credit Risk Management: Monitor and evaluate credit risk factors and take appropriate measures to mitigate risks.
• Client Communication: Maintain clear and effective communication with clients regarding outstanding debts, payment terms, and credit policies.
• Reporting: Prepare and present regular reports on the credit control process and outstanding debts to management.
• Negotiation: Negotiate payment plans and settlements with clients when necessary.
• Documentation: Ensure accurate and up-to-date records of all credit control activities.
• Compliance: Ensure compliance with local banking regulations and internal credit control policies.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or a related field.
• Proven experience in credit control within the banking sector.
• Strong knowledge of financial analysis, credit assessment, and risk management.
• Excellent communication and negotiation skills.
• Attention to detail and ability to work under pressure.
• Proficiency in relevant financial software and Microsoft Office Suite.
• Understanding of UAE banking regulations is a plus.