Manager Credit Control EMC

Adidas

  • القاهرة
  • دائم
  • دوام كامل
  • قبل 23 يوم
The Credit Control Manager is responsible for ensuring timely collection of outstanding invoices, minimizing bad debts, and maintaining effective Credit Risk Management processes while adhering to global / local policy requirements. This role plays a critical part in managing company’s cash flow and financial health.Key Responsibilities:
  • Monitor receivables balances on a daily basis to ensure timely collection and work towards meeting the monthly cash flow target.
  • Set and review credit limits periodically and evaluate new credit requests.
  • Prepare regular reports such as Aging, Collection, DSO and participate in month end closing period by preparing bad debt accrual and other necessary provisions.
  • Drive the seasonal / annual forecast of customer rebates in collaboration with FP&A team.
  • Act as a business partner to Sales Team and provide information on a timely manner by highlighting the opportunities and risks that will impact the net sales.
  • Support sell out support budget preparation and provide up to date information to Marketing Team to help with accurate forecasting.
  • Supervise junior team members on timely deposits of post-dated cheques, negotiating Letter of Credits and maintaining up to date Bank Guarantees.
  • Follow up on Letter of Credit discrepancies and in collaboration with Customer Service Team.
  • Monitor and control the release of shipments to ensure minimum risk for the company.
  • Provide information to line manager and other stakeholders on customer’s credit history and support in potential legal cases.
  • Ensure customer account reconciliations are carried out on regular basis.
  • Have an excellent service mentality to all internal stakeholders.
  • Participate in the development and implementation of systems and tools to improve credit control efficiency.
  • Support and guide Accounting Team with receivables related bookings.
  • Give full support to the external auditors for all AR related questions.
  • Lead and motivate a team of credit controllers, setting their targets and monitoring performance. Be responsible for their training and development.
  • Be the first point of contact and support for the line manager. Step in in his / her absence to support Senior Leadership Team.
KPI’s:
  • Reduction of aged debt (overdue %)
  • Days of Sales Outstanding (DSO)
  • Bad Debt
  • Team performance metrics
Key Relationships:
  • Global: Ad hoc dealing with Group Accounting and adidas subsidiaries.
  • Regional: Emerging Markets.
  • Internal:
  • Sales & Customer Service Teams
  • Operations & Supply Chain Teams
  • Marketing Team
  • Internal Control Team
  • External: Customers, Banks, Auditors.
Knowledge and Skills:
  • SAP ERP system.
  • Expert skills in Microsoft Outlook, Word and Excel, PowerPoint a plus.
  • Excellent written and verbal communication skills.
  • Accounting knowledge of IFRS and local GAAP.
  • Excellent analytical and negotiation skills.
  • Strong communication and interpersonal skills.
  • High level of accuracy and attention to detail.
  • Ability to lead and develop a team.
Experience and Qualifications:
  • Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
  • Experience in a credit control role, with at least 5 years in a managerial or supervisory position.
  • Industry: Ideally apparel/fashion/shoes or FMCG.

Adidas