Organizing & leading the weekly credit meeting with the country Manager & division Heads
Responsible for reviewing & setting the credit limits budget for Customers.
Calculating Credit indicators & credit days each month & insuring it is according to the budgeted days
Handling Customers Credit Insurance & negotiating any updated/increase with the Insurance company.
Calculation of the Credit budget & updating the TREND through the year.
KPIs reporting to the Zone & handling any communication.
Handling Claims from Customers and making sure its aligned with the budget controller
Analyzing & Matching invoices with the customers Payment & Reviewing their Payment history.
Making sure there is no overdue more than 30 days above the normal payment terms.
Preparing the expected collections from the customers based on the aging.
Handling any customers’ issues related to invoices & returns & On the spot communication with the sales reps. & key account managers for any discrepancies or variances in the payments.
Setting a monthly reconciliation meeting with the sales reps., KAMs, and head of divisions with recap of the -customer’s situation.
Customers account reconciliation to reflect the real figures.
Send a recommendation list of all the blocked customers weekly before invoicing.
Recording & Payment of the customer’s claims & insuring it is done on time & responsible for the reconciliation between the GL & the tracking of the claims.
Following up with the main distributers for the collection of each month by sending a statement of all the invoices due in the month & confirming the payment with the exact amount is done on time without any delay.