Credit Risk Manager

Posted 6 Days Ago
Be an Early Applicant
Muscat
7+ Years Experience
Industrial • Manufacturing
The Role
Credit Risk Manager role in the Finance department supervising credit risk, collections, and enterprise risk management. Responsibilities include managing credit risk activities, overseeing accounting transactions, and coordinating with commercial teams. Requires 10+ years of experience in Credit Risk and Risk Management with managerial experience.
Summary Generated by Built In

TITLE: FUNCTION:

Credit Risk Manager

FINANCE

REPORTS TO: REPORTEES:

CFO

Asst. Manager Accounts, Account Officer

DEPARTMENT: GRADE/LEVEL:

FINANCE

LOCATION:

MUSCAT, SULTANATE OF OMAN

Role And Context

Need To Do

Knowledge, Abilities and Experience

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

Authorities:

Financial

▪ As per authority matrix.

People

▪ Performance review of staff.

Operational

▪ As per authority matrix.

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

Relationships (Internal):

▪ Commercial Department, all function heads.

Relationships (External):

▪ Auditors, Customers & Banks

Qualifications:

  • 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.
  • candidate down the track to taken-over also treasury.

     

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.
  • Knowledge about the operation of manufacturing unit.

Prysmian , as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills, and abilities. We strongly believe that diversity brings significant value at all levels of the organization, increasing the possibility of capturing market opportunities and maximizing value for our customers and stakeholders. With Diversity, Equity, and Inclusion (DE&I) as part of our Social Ambition 2030 and a strategic pillar of our Company culture, Prysmian is committed to the development of an organization that prioritizes talent, where people feel respected, included, and free to fully express their potential just as they are.


All Managers and HRs in Prysmian are responsible for ensuring DE&I policies are respected during the recruiting process, as well as recognizing and mitigating unconscious biases that must not influence our selection processes. All persons will be considered for employment without regard to their race, ethnicity, religion, nationality, origin, citizenship status, socio-economic status, age, sex, gender identity or expression, sexual orientation, marital status, disability, military service or veteran status, pregnancy, parental leave, medical conditions, or any other characteristic protected by applicable federal, state or local laws. Prysmian will endeavor to make a reasonable accommodation for any disclosed physical or neurological condition or disability of a qualified applicant unless the accommodation would impose an undue hardship on the operation of our business.

Visit our DE&I Page to learn more about Prysmian's commitments.

Your application data will be treated according to our Data Protection Policy. If you believe you require assistance to complete this form or to participate in an interview, please let us know.

Top Skills

Excel
SAP
The Company
Highland Heights, Kentucky
12,899 Employees
On-site Workplace
Year Founded: 1871

What We Do

We work to be the sustainable link to the future. For more than 151 years, our company has been leading the industry of high-technology cables & systems for energy and telecommunications. Headquartered in Milan, Italy and spanning 50 countries (in North America, Europe, MEAT, LATAM, APAC), 105 plants, 25 research and development centers, and about 30,000 employees as of July 2023, we have a strategic footprint that allows us to service emerging markets and communities across the globe with ease. Our business model is diversified by portfolio and geographical area.
In 2022 we registered +16 billion € in sales and 509 million € net profit.
Today we drive the energy transition and worldwide digitalization.

Learn more about the new Group on www.prysmiangroup.com

Follow us also on:
facebook.com/PrysmianGroup/
youtube.com/prysmiangroup
twitter.com/prysmiangroup
instagram.com/prysmian_group

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