Job description

The Credit Manager at Al-Futtaim Automotive BYD KSA is responsible for managing credit risk and ensuring effective credit governance across the automotive business. The role involves evaluating customer creditworthiness, reviewing and approving customer credit applications, setting and managing credit limits aligned with risk appetite, and ensuring compliance with credit policies and procedures. The position requires monitoring accounts receivable aging, overseeing collections processes, supporting resolution of high-risk or complex cases, and driving improvements in collection efficiency to improve cash flow and minimize bad debts. The Credit Manager establishes and enforces credit policies and procedures, ensures adherence to internal controls and risk frameworks, and continuously reviews and enhances credit processes. The role requires working closely with sales teams to balance revenue growth and risk exposure, partnering with finance and operations on credit-related matters, and providing guidance on credit decisions and risk mitigation strategies. Responsibilities include preparing credit risk reports and dashboards, tracking KPIs such as DSO, overdue balances, and bad debts, and providing insights to senior management to improve cash flow and financial performance. The position involves leading and supporting collections and credit teams, setting targets, monitoring performance, coaching team members, and ensuring operational excellence. The role requires strong understanding of financial statements, credit risk management, collections, accounts receivable, ERP systems including SAP, and credit tools within an automotive environment supporting Al-Futtaim Automotive operations.