Credit Risk Manager

Job title: Credit Risk Manager

Company: Green Umbrella Recruitment


Job description: Job Description :Purpose:

• As part of the Finance, supervising and providing support to CFO in managing Receivables, credit risk, collections as per policy, Insurance & Enterprise Risk Management

Summary of the Job Role:

• To manage all credit risk related activities (O2C), DSO, Overdue, IFRS 9 -ECL, Credit Evaluation & Ad hoc Reports.

• To supervise & verify accounting transaction to achieve business goals.

• To manage ERM process & Quarterly presentation.

• Review and recommend credit limit and payment term.

• To manage Insurance policy and claims process

Key Deliverables:

• Analyze the financial risk associated with various customers and evaluate the creditworthiness of their potential customers

• Assist in attending to audit requirements.

• Maintain Book of Accounts as per accounting standard on a day to day basis.

• Oversee and assign tasks to the team members.

• Supervise and assist in interfacing on credit risk and accounts receivables management,

• Manage interfacing with the commercial team for the credit risk, collections, etc.

• Perform full cycle of Enterprise Risk Management framework on a quarterly basis and present to stakeholders.

• Coordinate for preparing monthly, quarterly accounts receivables and credit risk reports and onward submission to the relevant authorities.

• Ensure time bound reporting to management and other financial institutions as required.

• Output VAT

• Improve DSO, Bad Debts

• Improve Credit risk ratio and coverage

RequirementsQualifications:

• MBA Finance / M. Com

• Graduate in finance/accounting.

• Bachelor’s degree in accounting/Commerce essential.

• Certification in Credit Management & ERM is added advantage.

Skills/Knowledge:

• Credit Management

• Risk Management (ERM)

• Insurance Management

• Inter personnel skills. Accounting skills. (IFRS 9 & ECL Model)

• Negotiation skills.

• Inter personnel skills.

• Business Relationship building skills.

• Good communication skills (Verbal & Written).

• Computer skills (SAP, Power BI, Advance Excel & MS Office).

• Ability to prioritize tasks.

• Time management skills.

• Good functional knowledge about Finance & Accounting.

Experience:

• 10+ years of experience in Credit Risk & Risk Management (ERM) role and minimum 2 years as a managerial position.

Business Understanding:

• Knowledge about accounting principles.

Expected salary:

Location: Muscat

Job date: Wed, 22 Jan 2025 04:48:51 GMT

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