Your Role

The CT Credit Control Manager position is accountable for ACSME for the entire credit granting process.

This includes the consistent application of a credit policy, periodic credit reviews of existing customers and distributors, and the assessment of the credit worthiness of potential customers, with the goal of collecting 100% of the invoices and reducing the receivables to the minimum number of collection days. It is the responsibility of the position holder handle collection management including controlling and protecting AR assets and reducing credit risk. In addition, the position holder is responsible to review orders to ensure they are within pre-approved credit limits if an existing customer; or acceptable credit terms for new/potential customers and overdue to safeguard the CTBA credit policy.

As Assistant Business Controller for Compressor Technique ACSME you will focus on analyzing and interpreting data to provide a comprehensive business overview during the month. You will also assist with the preparation of monthly/quarterly/yearly reports and provide overviews as required to management.

The focus will also be to review SAP processes and assist with the implementation of best practices, along with acting as a BKU for the customer master domain.

This position reports to the Regional Business Controller.

Essential Job Functions

• Ensure adherence in all aspects to the CT Credit Policies/Procedures of CT. 
• Review credit requests received form Sales engineer and added your recommendation before share it with (BC, GM) with supporting documentation/analysis for approval considering approval process for C4C. 
• Organize meetings to review receivables and ensure decisions are actioned and followed up.
• Regular follow up of overdue ACR and make plan to reduce overdue balance.
• Ensure down payments and payments after invoicing are properly allocated in accounting terms.
• Prepare regular reports on all outstanding invoices with follow-up action plan (regular cooperation with CT Team).
• Follow up the reconciliation of customer payments/advances against invoices.
• Follow up the reconciliation of distributors payments/advances against invoices.
• Follow up the reconciliation of Module and GL for receivables account.
• Liaise with customers in case of credit disputes.
• Initiate, follow up and update legal cases with customers.
• Support CT operations with customer creation along with customer/delivery block/unblock processes.
• Maintain bad debt and bad debt provisions records (as per The Way We Do Things). 
• Follow up the receivables aging report.
• Follow up of credit procedures as per requirements by regional Customer Centers.
• Develop and monitor KPIs of CT Credit Department.
• Confirmation of collection for salesman commissions.
• Maintain accurate Master Data for the customer master.
• Review of LC terms and follow up of LC with banks.
• Follow up with our Banks for better communication and improve the process
• Timely raising of red flags to management.
• Undertake actions to reduce the negative impact on profit (credit notes, customer pay back, customer claims, receivables write off, etc.)
• Liaise with logistics on credit related matters.
• Communicate with EGY Hub to improve and enhance the booking process and bank reconciliation
• Maintain monthly process for Group reporting:
  • SCREV & CSREV reports for all entities and solving (BC / IB and profitability)
  • Review Stock and gross profit in SAP if there is any invalid to fixed before reporting
  • OI for salesmen commission provision
  • Check the Invalids on SAP for 2OP (Income St. & Balance Sheet)
  • Follow-up all remain booking (Provisions - Accruals - Aging receivable - adjustment …....) from all CT
  • Review controls on GPS for all entities and make sure that there no Hard Validation to let CT approved
  • Reviewing TB closing balances and OB for next year
  • Join BS review for ACSME entities

 
To succeed, you will need  

Experience/ Knowledge requirements

-Minimum 5 years of solid experience in Finance and Controlling and Atlas Copco Reporting as per FAM codes and working knowledge of Atlas Copco finance and administration procedures

-Knowledge of SAP and other ERP systems (SCALA, GPS, SAPbw, etc.)

-Familiar with IFRS and Local statutory rules / per CC is a solid plus

-Business analysis skills with professional experience in finance and business administration

Education requirements

-University degree in Finance/ Accounting/ Business Administration

-Fluent in spoken and written English. Arabic is a plus

Personality requirements

- Ability to build effective working relationships with both customers and colleagues

- Planning, organizing and prioritizing skills

- Sound customer service orientation

- Ability to work individually and as part of a team

- Ability to meet reporting deadlines

- Strong customer care focus, with continuous commitment to team building, sharing of experience and personal commitment
- Excellent interpersonal skills

In return, we offer you

What you can expect from us? 

Atlas Copco is a Swedish company, the Swedish human culture continues to flow through the veins of our 38,000 employees in more than 90 countries.  It has a strong family vibe with a warm respect for each individual and we strive for strong diversity. We also invest heavily in our customers, in the environment, ... but first and foremost in our own people. In this way, we provide a stimulating environment in which you can develop your competencies on a daily basis. In addition, our family-friendly working atmosphere gives you space in your agenda planning, so that your work and private life can be combined as easily as possible.

The regional support center operating under the legal name and umbrella of Atlas Copco Services Middle East within the Compressor Technique Business Area has started operating as of January 1st, 2003.This regional support center has been created to give both technical and commercial support to our distributors, and to continue developing the business in the region.

City
Dubai