Saudization Credit Controller | Al-Futtaim Automotive | BYD Body Shop | Jeddah

Job Requisition ID: 177413

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview Of The Role:

The Credit Control Executive is a key figure in maintaining efficient receivables management within the Body and Paint division, aiding the Credit Control Manager and Business Unit Finance Manager. The role is crucial for timely collection of dues by streamlining processes, monitoring financial indicators, and dealing with challenging customers. Exposure to sensitive information requires strong judgment and data control skills. Collaboration is essential, working with shared services and department teams to ensure financial risks are mitigated and best practices are followed.

What You Will Do:

• Support Credit Control Manager in reviewing current department processes to suggest optimal processes for timely invoicing and cash collection.

• Prepare, review, and provide MIS reports on receivables by division and customer, offering insights for the Credit Control Manager to identify areas of concern.

• Mitigate risks with Credit Control department collaboration.

• Prepare and report key performance indicators for each division and regularly review with the Credit Control Manager and Business Unit Finance Manager.

• Provide insights to help the Credit Control Manager develop collection strategies and action plans, ensuring execution.

• Liaise closely with Finance Shared Services on debtor reports, accounting, and receivables monitoring.

• Perform monthly preparation and review of reports with Credit Control Manager and BUFM as per agreed timetable.

• Ensure receivables provision submissions are made by deadlines, providing timely insights and reconciliations for disputed customer balances.

• Timely review of customer outstanding dues and collaborate with Credit Control Manager to devise payment plans where necessary.

• Support in reducing overdue percentage by providing strategic insights.

• Provide necessary support to the Credit Control Manager to address difficult customers and overdue payments.

• Create an open and honest work environment promoting teamwork to achieve common business objectives.

• Perform tasks outside the scope of work as required by business demands.

Required Skills To Be Successful:

• Strong analytical skills to interpret financial data and develop strategic recommendations.

• Ability to lead and coach teams effectively, fostering top performance within diverse groups.

• Proficiency in SAP or other advanced computer applications, illustrating high computer literacy.

• Capacity to engage with all organizational levels, providing clear communication internally and externally.

What Qualifies You For The Role:

• Possess an internationally accredited professional accountancy qualification or a Bachelor of Commerce/Diploma in Accounting Financial Management.

• Minimum of 3 years experience in receivables management, ideally within a large company.

• Prior experience with Parts Dealers business is an added advantage.

• Excellent communication skills, both verbal and written, with knowledge of Arabic as an added advantage.

About Al-Futtaim Automotive

A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.

Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.

We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. 

We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.

What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.