Professionally manage the Credit & Collection function for Egypt, with strict adherence to Credit policy & processes covering Risk, AR & Collections, whilst proactively working with all stakeholders to support & maximize the customer experience, and improve overall results.
BENEFITS
- Competitive Salary
- Health Insurance
- Study towards CICM qualification
KEY RESPONSIBILITIES
Ensure we operate efficiently & effectively and in accordance with policy & processes at all timesBuild & maintain strong working relationships with all business partners and customers; conducting regular face to face visits and flagging any concerns to the Senior Regional Credit ManagerFurther develop Egypt Credit Team, with quarterly 1 : 1’s against objectives and a clear training planHost monthly Sales / Credit AR review meetings with local Sales teams to effectively identify actions to manage collection concerns, dispute management and implement risk mitigation strategiesReview the Sales Estimate report each month, providing Credit comments to proactively flag any concerns or risks on billingSupport with obtaining financial data for Credit & Risk reviews for new & existing customersReview and manage customer credit limits & review dates, based on financial and non-financial evaluation and making recommendations to Senior Management for credit lines exceeding authority levelPrepare, send and follow up on monthly Statements of Accounts (SOA’s) to clients and ensure that invoices are paid in a timely mannerEarly detection of disputes, logging in the Dispute Management system (DTS) and working closely with Sales through to resolutionHost weekly Sales / Credit DTS call, to ensure agreed actions are executed and disputes closed in a timely mannerManage and respond to order release requests in a timely manner, in line with Credit best practiceUndertake detailed customer account reconciliations as requiredLetter of Credit management, from draft LC review through to LC document submission and paymentIdentify changes in payment patterns and propose actions to improve DSOMaintain accurate records of all follow up activities within Wesco Anixter systemsRespond promptly and accurately to both external and internal clients & stakeholdersPrepare local reporting per Wesco Anixter EMEA Credit Management requirementsOther duties as delegated from time to time by the Senior Credit Manager, or any other person designated in their absenceESSENTIAL WORK SKILLS & PERSON SPECIFICATION
Minimum 5-10 experience of working in a Credit & Collections function, ideally for a MNCFamiliar with AR principles from Order to Cash - Risk, Order Releasing, Invoicing, Collections, Reconciliations and Finance ReportingDegree in Business / Accounting / EconomicsLine Management experience of developing a team & Credit functionProfessional & confident, effective coaching & mentoring skills, with the ability to influence at all levelsExcellent time management and organizational skillsExceptional standard of numeracy and accuracy, with excellent attention to detail and problem-solvingA team player with a flexible approach and a willingness to learnExcellent verbal and written communication skills – English & ArabicKnowledge of the ETA E-Invoicing process and statutory billing requirements within EgyptKnowledge of Egyptian banking & Legal systems (processes and currency considerations)Wesco International, Inc., including its subsidiaries and affiliates (“Wesco”) provides equal employment opportunities to all employees and applicants for employment. Employment decisions are made without regard to race, religion, color, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law. We are an Equal Opportunity and Affirmative Action Employer.
