Al-Futtaim Automotive is seeking an experienced Credit Control Consultant to join its Finance team at FAMCO KSA in Saudi Arabia. This opportunity is suitable for professionals with experience in credit analysis, credit risk assessment, accounts receivable management and customer account monitoring.
The successful candidate will be responsible for evaluating customer credit applications, managing credit limits, monitoring outstanding payments and ensuring accurate financial records. The role also involves maintaining customer credit information in SAP, preparing financial reports and coordinating with sales and finance teams to resolve collection-related issues.
Candidates with strong analytical abilities, excellent communication skills and practical experience with SAP or other ERP systems are encouraged to apply.
Key Responsibilities
1. Credit Assessment and Approval
Review customer credit applications and verify all supporting documents to ensure their accuracy and completeness.
Conduct credit assessments and prepare detailed evaluation reports for management approval.
Ensure all credit applications are processed according to the company’s Delegation of Authority (DOA) and approved service-level timelines.
Update approved credit limits, payment terms and related information in the SAP Customer Credit Master.
Maintain accurate credit approval records and regularly update the credit assessment tracker.
Follow established credit policies and procedures when evaluating customer applications.
2. Accounts Receivable and Payment Monitoring
Monitor customer accounts to identify overdue balances, delayed payments, non-payments and unusual account activities.
Coordinate with Business Finance and Sales teams to resolve outstanding payment issues.
Ensure customer payments are recorded and allocated accurately within the accounting system.
Identify unallocated customer credits and work with FSSC Order-to-Cash (O2C) and Business Finance teams to resolve discrepancies.
Prepare accounts receivable reports and highlight collection concerns to senior management.
Support effective collection activities to reduce overdue balances and improve cash flow.
3. Credit Reviews and Customer Visits
Conduct regular credit reviews to evaluate customers’ financial positions and payment performance.
Work with the Head of Corporate Credit and Business Heads to establish and maintain appropriate customer credit limits.
Review existing payment conditions and recommend changes when necessary.
Identify potential credit risks and recommend suitable actions to protect the company’s financial interests.
Conduct customer visits when required to assess business relationships and address credit-related concerns.
4. Financial Reporting and Performance Management
Prepare and submit monthly credit control and accounts receivable reports within three working days after month-end closing.
Monitor and report the status of overdue and delinquent customer accounts.
Ensure at least 95% of credit assessments are completed within the approved service-level agreements (SLAs).
Maintain accurate credit application and underwriting records.
Analyse credit performance and provide relevant information to support financial decision-making.
Ensure timely reporting and compliance with internal credit management procedures.
Required Skills and Competencies
Candidates applying for Credit Control Consultant jobs at Al-Futtaim Automotive should demonstrate the following skills:
Strong analytical and problem-solving abilities.
Excellent attention to detail and accuracy in financial documentation.
Good negotiation and customer relationship management skills.
Knowledge of credit assessment, credit risk and accounts receivable processes.
Proficiency in Microsoft Office applications, particularly Excel.
Familiarity with SAP or other enterprise resource planning (ERP) systems.
Ability to manage multiple tasks and meet strict reporting deadlines.
Strong communication and coordination skills.
Ability to work effectively under pressure.
Educational Qualifications and Experience
Bachelor’s degree in Finance, Accounting, Business Administration or a related discipline.
Minimum 2–3 years of professional experience in credit management, credit analysis or credit control.
Practical knowledge of customer credit assessments and accounts receivable management.
Fluency in both Arabic and English, including reading and writing.
Experience using SAP or similar ERP platforms is preferred.
About Al-Futtaim Automotive
Al-Futtaim Automotive is one of the leading mobility businesses in the Middle East, Asia and North Africa, with operations across eight countries and a portfolio of more than 25 internationally recognised automotive brands.
Job Details
Job Title: Credit Control Consultant
Company: Al-Futtaim Automotive – FAMCO KSA
Department: Finance
Job Location: Saudi Arabia
Job Category: Finance, Accounting and Credit Control
Experience: 2–3 Years
Education: Bachelor’s Degree
Language: Arabic and English
ERP Knowledge: SAP