Credit Manager

We are seeking a highly skilled and detail-oriented Credit Manager to join our team in Jeddah, Saudi Arabia. As a key member of our finance department, you will be responsible for managing credit risk, overseeing accounts receivable, and ensuring compliance with credit policies and regulations.

Responsibilities

• Lead and manage the accounts receivable team, fostering a collaborative and goal-oriented environment
• Develop and implement credit policies and procedures to minimize financial risk
• Analyze credit applications and financial statements to determine creditworthiness of clients
• Establish credit limits and terms for new and existing customers
• Monitor customer accounts and initiate collection processes for overdue payments
• Collaborate with sales and customer service teams to resolve billing inquiries and disputes
• Prepare and present regular reports on credit performance and risk exposure
• Continuously analyze and improve the effectiveness of billing processes and accuracy
• Ensure compliance with local and international credit laws and regulations
• Develop and maintain strong relationships with key clients and financial institutions

Qualifications

• Bachelor's degree in Business, Accounting, Finance, or a related field
• Minimum of 5 years of experience in credit management or a similar role
• Strong financial analysis skills and proficiency in credit risk assessment
• In-depth knowledge of credit laws, regulations, and best practices
• Proven experience in accounts receivable management and collections
• Excellent leadership and team management abilities
• Strong analytical and problem-solving skills with a detail-oriented approach
• Proficiency in financial software and credit management systems
• Experience with hotel operating systems is a plus
• Outstanding communication and negotiation skills
• Ability to work effectively in a fast-paced, customer-focused environment
• Fluency in English; Arabic language skills are highly desirable