Credit Controller

7 days ago

Muscat, Muscat, Oman Muscat Bay Full time 70,000 - 120,000 per year

Major Duties and Responsibilities

Billing & Collections

  • Manage invoicing and collections for:
  • Rental of residential and commercial properties
  • Community service charges
  • Sold property payments
  • Any future revenue streams as assigned
  • Ensure accurate and timely issuance of invoices and receipts.
  • Follow up daily with the Finance Department regarding receivables and perform daily reconciliations.
  • Monitor weekly credit lists to track client adherence to agreed payment plans.
  • Ensure payments are received within agreed terms and raise refund requests where overpayments occur.
  • Follow up with banks on financed property payments.

Debt Management & Recovery

  • Regularly review and follow up on debt collections and arrears.
  • Prepare and issue letters of demand in line with credit control policies.
  • Support legal proceedings where required.
  • Negotiate fair repayment plans with customers facing financial difficulties.
  • Maintain detailed records of collection activities and customer communications.

Reporting & Analysis

  • Prepare and share monthly collection dashboards and progress updates.
  • Provide stakeholders with accurate and timely responses to account inquiries.
  • Prepare basic financial statements for customers when required.
  • Manage departmental cost control measures effectively.

Stakeholder Engagement & Administration

  • Build and maintain strong client relationships to foster trust and cooperation.
  • Perform credit administration functions, including generating progress billings, reminders, and monitoring outstanding sums.
  • Prepare all relevant documentation as per Credit Control requirements.
  • Archive and maintain collection and credit-related records in an organized manner.

Targets & Compliance

  • Achieve agreed collection targets.
  • Ensure compliance with Muscat Bay's credit control policies and procedures.
  • Undertake any additional duties assigned by management.

Qualifications

  • Bachelor's Degree in Finance, Accountancy, Banking, Business Studies, Administration, Management or equivalent.

Knowledge & Experience

  • 4 years of working experience in Credit Administration or Control in Property Development Industry is a MUST.
  • Good command in written and spoken, English and Arabic.
  • Computer literate and proficiency in Microsoft Office, and Finance systems.
  • Enthusiastic, passionate, discipline and meticulous.
  • Responsible, independent, positive working attitude and able to work in team.
  • Able to work with minimum supervision.

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