KSA Credit Controller

13 Minutes ago • 2-4 Years
Monetization

Job Description

The Credit Controller manages collections for large commercial accounts, involving client and internal stakeholder contact to resolve issues. The role focuses on meeting performance targets and adhering to departmental policies and processes. This position requires collaboration between teams to ensure financial stability and customer satisfaction, contributing to LSEG's global operations.
Good To Have:
  • Proven customer service experience, ideally working with large international clients.
  • Demonstrated success managing accounts receivable and resolving billing issues.
  • Financial services industry experience.
Must Have:
  • Manage collections activities for large commercial accounts.
  • Conduct monthly global debt meetings with Global Business Directors and Consultants.
  • Discuss and resolve ongoing sales disputes with the Order Management team.
  • Achieve cash collection, DSO, outstanding debt, and query log targets.
  • Maintain high levels of customer service and satisfaction.
  • Apply and maintain the quality and integrity of all system data.
  • Ensure adherence to all credit control policies and procedures.
  • Handle the Late Payment fees process and lead cash application issues.
  • Aid Regional Credit Managers in compilation of credit control reporting.
  • Ensure accounting for bad debts and provisioning follows accounting standards.
  • Build effective relations with CA & Business Unit management.
  • Liaise with Finance for detailed financial analyses of commercial propositions.
  • Help regional implementation of Credit Control Global template and country adherence.
  • Suggest and implement improvements to current practice.
  • 2-4 years of experience in accounts receivable or related field.
  • Bachelor’s degree in finance, accounting or related field.
  • Excellent ability to speak and write in English.
  • Knowledge of Microsoft Office with strong skills in Excel.
Perks:
  • Healthcare
  • Retirement planning
  • Paid volunteering days
  • Wellbeing initiatives

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About us:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years. Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in over 60 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific.

Our people:

People are at the heart of what we do and drive the success of our business. Our values of Integrity, Partnership, Excellence and Change shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning over 60 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

The main purpose of the Credit Controller role is to manage the collections activities of large commercial accounts with outstanding invoices. This is a client facing position that also involves significant contact with internal stakeholders, often requiring collaboration between teams to resolve issues with accounts. The individual will be responsible for meeting defined key performance targets while adhering to departmental policies and processes.

Responsibilities:

  • Credit controller will be responsible for Non domiciled Key strategic accounts
  • Monthly global debt meetings with Global Business Directors and Global Business Consultants and also Order Management and Finance to discuss all open debt, especially aged debt.
  • Discuss ongoing sales dispute and disputes with the Order Management team to acquire swift resolution. Relationship building with internal collaborators to form a tight account team to service our clients and LSEG.
  • Ongoing monthly or more regular client meetings to discuss outstanding debt. address the global debt position and distribute findings to relevant people.
  • Producing global debt files. Understanding the split between Market Data and non Market Data accounts. Understanding and establishing different escalation points within our Key Strategic clients. Keeping a clean record of these contacts.
  • Able to achieve cash collection, DSO, outstanding debt and query log targets across the region
  • Achieve and maintain high levels of customer service and satisfaction working with local/global Account Management!
  • Explore ways to improve cash collection efficiency on portfolio.
  • Fully apply and maintain the quality and integrity of all system data.
  • Ensure that all credit control policies and procedures are followed in the region/portfolio.
  • Handle the Late Payment fees process.
  • Lead cash application issues.
  • Aid Regional Credit Managers in compilation of credit control reporting
  • Ensure accounting for bad debts & provisioning follow accounting standards
  • Build effective relations with CA & Business Unit management. Liaise with Finance to ensure detailed financial analyses of the viability of commercial propositions.
  • Help regional implementation of Credit Control Global template & country adherence to it thereafter.
  • Suggest & implements improvements to current practice.

Qualifications:

  • Highly motivated, task oriented and able to work independently in a fast-paced environment
  • Proven customer service experience, ideally working with large international clients
  • Demonstrated success managing accounts receivable and resolving billing issues
  • Ability to work under pressure and driven to achieve targets
  • Excellent organizational skills with high attention to detail and demonstrated ability to set and manage multiple priorities
  • Ability to drive performance and ensure results delivery
  • Excellent ability to speak and write in English
  • Knowledge of Microsoft Office with strong skills in excel
  • 2-4 years of experience in accounts receivable or related field
  • Bachelor’s degree in finance, accounting or related field
  • Financial services industry experience desire

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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