Summary
Al Mulla Group is hiring a Senior Credit and Collections Officer in Kuwait. The role reviews credit applications and limits, monitors receivables and overdue balances, prepares collection reports, and coordinates with customers and internal teams to resolve outstanding accounts. It also supervises collection follow-up, monitors letters of credit and post-dated cheques, and coordinates legal follow-up on overdue accounts. Applicants need a bachelor's degree in finance, accounting, or a related field and 10–12 years of relevant experience; the posting describes the salary as attractive and lists a staff car as a benefit.
The posting
As published on almullagroup.com. Pulled from the employer's site and shown as they wrote it.
Job Title :
Senior Officer
Responsibilities
-Review and recommend customer credit requests in accordance with approved credit and collection policies. -Monitor customer credit limits, credit periods, and credit validity, and recommend adjustments or renewals as required. -Review new credit applications, assess supporting documentation, and ensure compliance with established procedures. -Conduct daily credit and collection analysis and prepare weekly and monthly management reports. -Monitor accounts receivable and overdue balances, identify reasons for outstanding accounts, and develop appropriate collection action plans. -Coordinate with customers and internal departments to resolve collection issues, disputes, and outstanding balances. -Monitor and report delayed invoice submissions and collection exceptions to relevant management. -Supervise and guide the collection follow-up team and monitor daily collection activities. -Monitor Letters of Credit (LCs) and PDCs, including expiry dates, and coordinate timely submission to Treasury for negotiation and clearance of PDCs. -Monitor intercompany receivables and ensure timely settlement. -Coordinate with the Legal Department on overdue accounts requiring legal action and maintain regular follow-up on legal cases. -Conduct periodic meetings with Finance, Operations, and Collection teams to review receivables and collection performance. -Ensure compliance with company and group credit control and receivables policies. -Identify opportunities to improve credit and collection processes and procedures.
Educational Qualifications
Education Degree
: Bachelor
Major
: Finance, Accounting, or related field.
Experience
Years of Experience
: 10 - 12 Years
Field of Experience
: in Credit & Collection, Credit Control, or Accounts Receivable, preferably at a senior level.
Skills
- High level of integrity, accuracy, accountability, and attention to detail. - Good knowledge of credit control, accounts receivable, and collection processes. - Strong communication, negotiation, analytical, and problem-solving skills. - Strong follow-up, organizational, and time-management skills. - Proficiency in Microsoft Office, particularly Excel, with working knowledge of ERP systems. - Adaptable and able to manage priorities effectively while meeting deadlines. - Fluency in English is required; Arabic language proficiency is an advantage.
Other Requirements
Gender
: Any
Age
: 35 - 40 Years
Preferred Language
: Arabic, English
Duty Shift / Timings
: One Shift / 7:00 am to 3:00 pm
Salary & Benefits
Salary
: Attractive Salary
Other Benefits
: Staff Car
Job Remarks
No of Vacancies
: 1
Job Country
: Kuwait
Nationality
: Any
Career Level
: Mid-Career
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