Senior Credit Manager

Job Summary

Senior Credit Manager

Key Responsibilities

• Develop, implement, and monitor credit control policies and procedures aligned with company objectives and UAE market practices.
• Assess and approve customer credit limits based on financial analysis, risk evaluation, and industry exposure.
• Oversee accounts receivable, collections, aging reports, and dispute resolution processes.
• Ensure timely collection of outstanding payments and reduce Days Sales Outstanding (DSO).
• Evaluate the creditworthiness of contractors, EPC companies, oil & gas clients, and infrastructure customers.
• Monitor exposure limits for high-value rental contracts and long-term projects.
• Coordinate with Sales, Operations, and Finance teams to balance risk management with commercial growth.
• Lead negotiations on payment terms, bank guarantees, letters of credit (LC), and other security instruments.
• Manage legal escalation processes for overdue accounts in coordination with legal advisors.
• Prepare periodic credit risk reports and present insights to senior management.
• Ensure compliance with UAE commercial laws, contractual frameworks, and regulatory requirements.
• Lead, mentor, and develop the credit control team to improve efficiency and performance.

Qualifications & Requirements

• Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field.
• Professional certification (CPA, CMA, ACCA, or equivalent) is an advantage.
• 8–12 years of experience in credit management, preferably within heavy equipment rental, construction, or industrial services in the UAE.
• Strong understanding of UAE payment practices, contractor risk profiling, and project-based billing structures.
• Experience handling high-value corporate accounts and government-related entities.
• Excellent analytical, negotiation, and decision-making skills.
• Strong leadership and team management capabilities.
• Proficiency in ERP systems and financial reporting tools