Senior Accountant – Credit Control

Job Overview

The Senior Accountant in Credit Control is responsible for ensuring timely payments from customers by actively managing debt recovery for a specific portfolio. This role supports compliance with credit policies and aids senior leadership in maintaining an effective credit control and collection process.

Key Duties and Responsibilities

• Supervise accurate collection of payments related to designated assets.
• Collaborate with KF or sales company teams to ensure all payment details are properly recorded.
• Verify the collection status of security deposits and maintain related records.
• Generate and provide reports on post-dated cheque dates, due amounts, and any cheque returns linked to these assets.
• Update collection and outstanding payment records weekly to facilitate closure of statements on time.
• Upon deal closure, log all received payments and reconcile collections to keep accurate balances within the Kezad system, ensuring correct transfer of post-dated cheques to the purchasing company.
• Allocate collected security deposits appropriately in the financial system against closed statements.
• Initiate collection actions to recover overdue receivables promptly in line with credit terms.
• Send customers statements of accounts and follow up on overdue payments.
• Coordinate with billing and commercial departments to resolve invoice disputes.
• Escalate doubtful debts to management for provision of bad debt allowances.
• Prepare ad-hoc financial reports as requested.

Required Qualifications and Experience

• Bachelor's degree or higher in Accounting.
• Experience with ERP systems, preferably Oracle Financials.
• Proficient communication skills.
• Strong analytical abilities and interpersonal skills.
• Sound knowledge of billing and collection procedures.
• Ability to work effectively under pressure.
• Teamwork and innovative thinking skills.
• Minimum four years of experience in Accounting, Finance, or documentation roles within transportation or related industries.
• Specific experience in finance, accounts receivable, and credit control functions.

Language Requirements

Fluent written and spoken English is mandatory; Arabic language skills are a plus.