Kuwait City - Key Responsibilities Achieve goals of DSO through maximizing collections and minimizing bad debt provisions; ensure that credit related policies are implemented. Credit assessment o Develop credit policy and procedures o In coordination with operating managers and central trade credit, assess the creditworthiness of new and existing customers and make recommendations on credit limits. o Develop and then periodically review credit limits for all credit customers Monitoring & reporting o Lead the monthly receivables meetings engaging with senior operating managers, directors to identify key issues and agree corrective actions. o Issue weekly status report on progress o Proactively anticipate developments, and identify accounts that will require special attention e.g. receivables attracting bad debt provisioning o Assist in ensuring the integrity of customer data Documentation o Arrange for all required Bank Guarantees, Letters of Credit. Monitor and report on utilization, ...
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