Analyst - Credit and Collections

at  WESCO

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

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

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