Analyst - Credit and Collections

Analyst - Credit and Collections (Riyadh, KSA)

Job Type Permanent, full time (hybrid)

Location : Riyadh, KSA

Position Reports To : Manager – Credit and Collections

Job Summary : Responsible for monitoring and controlling the Accounts Receivables ledger for the KSA Central region, and to support with obtaining financial data for Credit & Risk reviews for new & existing customers

KEY RESPONSIBILITIES

Support with obtaining financial data for Credit & Risk reviews for new & existing customers

Prepare, send and follow up on monthly Statements of Accounts (SOA’s) to clients and ensure that invoices are paid in a timely manner

Early detection of disputes, logging in the Dispute Management system (DTS) and working closely with Sales through to resolution

Manage and respond to order release requests in a timely manner, in line with Credit best practice

Build rapport with key clients, and establish a clear process for regular payments to keep debtor balances in check

Occasionally visit clients to follow up outstanding invoices or unresolved issues to recover payment

Undertake detailed customer account reconciliations as required

Letter of Credit management, from draft LC review through to LC document submission and payment

Identify changes in payment patterns and propose action to avert indebtedness

Maintain accurate records of all follow up activities within Wesco Anixter systems

Respond promptly and accurately to both external and internal clients & stakeholders

Prepare local reporting per Wesco Anixter EMEA Credit Management requirements

Other duties as delegated from time to time by the Credit Manager, or any other person designated in their absence

ESSENTIAL WORK SKILLS

Minimum 5-10 experience of working in a Credit & Collections function, ideally for a MNC

Familiar with AR principles from Order to Cash - Risk, Order Releasing, Invoicing, Collecting Cash,

Reconciliations and Finance Reporting

Confident with exceptional communication skills, to build trusted customer relationships

Ability to sort, prioritize & work efficiently and identify gaps & areas of improvement

Ability to anticipate work needs and follow through with minimum direction

Ability to listen, communicate well (both written & verbal) with customers, colleagues and stakeholders

Ability to work independently, be energetic and a self-starter

Fluent in English & Arabic

PERSON SPECIFICATION

Previous work experience in a Credit position with minimum of 5-10 years PQE, ideally within a MNC

Degree in Commerce / Accounting / Economics

Excellent keyboard skills and strong competence of Microsoft Excel, Outlook, Team & Access / SQL

High standard of numeracy and accuracy with excellent attention to detail

A team player with a flexible approach and a willingness to learn

Professional, outgoing & confident personality, able to operate at all levels (internally & externally)

Strong organizational & time management skills

Wesco International, Inc., including its subsidiaries and affiliates (“Wesco”) provides equal employment opportunities to all employees and applicants for employment. Employment decisions are made without regard to race, religion, color, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law. US applicants only, we are an Equal Opportunity and Affirmative Action Employer.