The Credit and Collections Manager will assist
- the Global Credit, Collection & Risk Director in providing financial and collections support to all Aleph lines of business.
- responsible for in-depth credit analysis on all accounts for MENAT & AFRICA, the collection of past due balances, reconciliation of cash receipts, and the preparation of monthly status reports.
- The Manager will serve as the point person between all local markets, internal collections and sales staff, as well as management.
- They will ensure all corporate policies and deadlines are being followed in a consistent basis.
- The Credit and Collections Manager reports to the Global Credit, Collection & Risk Director, but has direct responsibility for providing service to the heads of the Aleph offices as well as Home Office.
- This position interacts with all levels of Aleph management in home office.
- Some travel will be required to visit clients and offices in the region.
 Main Responsibilities:
50% Accounts Receivable
- Overseeing billing and collections for MENAT & AFRICA region by serving as point person for coordination of day to day matters with finance teams in the market.
- This role will be responsible for Egypt, KSA, Turkey, Morocco, Qatar, Pakistan, South Africa, Sub Sahara Africa A/R balances by initiating direct contact with the clients in those regions.
- In addition, they will manage the coordination of A/R information with MENAT & AFRICA offices who directly handle Billing & Collections.
Activities to include:
- Assess and establish credit limits according to corporate policy and assign payment terms.
- Maintain proper documentation in all credit files to ensure that the Record Retention and Internal Audit policies and procedures are followed.
- Monthly review of the Aging to include direct follow up of A/R status with all regions
- Monthly calls and visits to agencies and reps to inquire on remittance status to ensure our cash flow levels are adequately maintained
- Monitor proper allocation of cash receipts and related reporting such as cash apps and wire instructions
- Preparation of management reports with A/R status including monthly highlights and challenges for all markets
- Preparation of aging reports, bad debt analysis, agency incentive analysis, cash forecasts, collections status, and other miscellaneous reports as needed.
- Interface closely with Ad Sales, Client Services personnel, and external and internal departments to analyze, collect, and reconcile all accounts for collection.
50% Credit Analysis:
- Evaluating the creditworthiness of potential customers.
- Creating credit scoring models for risk assessments.
- Approving and rejecting credit to clients based on available data.
- Negotiating the terms of payments with new clients.
- Ensuring all credits and payment terms comply with internal policy.
- Maintaining records of all credit records Monitoring debt payments and bad debts.
- Reviewing and updating the company’s credit policy.
Job responsibilities:
The Credit and Collections Manager will assist
- the Global Credit, Collection & Risk Director in providing financial and collections support to all Aleph lines of business.
- responsible for in-depth credit analysis on all accounts for MENAT & AFRICA, the collection of past due balances, reconciliation of cash receipts, and the preparation of monthly status reports.
- The Manager will serve as the point person between all local markets, internal collections and sales staff, as well as management.
- They will ensure all corporate policies and deadlines are being followed in a consistent basis.
- The Credit and Collections Manager reports to the Global Credit, Collection & Risk Director, but has direct responsibility for providing service to the heads of the Aleph offices as well as Home Office.
- This position interacts with all levels of Aleph management in home office.
- Some travel will be required to visit clients and offices in the region.
 Main Responsibilities:
50% Accounts Receivable
- Overseeing billing and collections for MENAT & AFRICA region by serving as point person for coordination of day to day matters with finance teams in the market.
- This role will be responsible for Egypt, KSA, Turkey, Morocco, Qatar, Pakistan, South Africa, Sub Sahara Africa A/R balances by initiating direct contact with the clients in those regions.
- In addition, they will manage the coordination of A/R information with MENAT & AFRICA offices who directly handle Billing & Collections.
Activities to include:
- Assess and establish credit limits according to corporate policy and assign payment terms.
- Maintain proper documentation in all credit files to ensure that the Record Retention and Internal Audit policies and procedures are followed.
- Monthly review of the Aging to include direct follow up of A/R status with all regions
- Monthly calls and visits to agencies and reps to inquire on remittance status to ensure our cash flow levels are adequately maintained
- Monitor proper allocation of cash receipts and related reporting such as cash apps and wire instructions
- Preparation of management reports with A/R status including monthly highlights and challenges for all markets
- Preparation of aging reports, bad debt analysis, agency incentive analysis, cash forecasts, collections status, and other miscellaneous reports as needed.
- Interface closely with Ad Sales, Client Services personnel, and external and internal departments to analyze, collect, and reconcile all accounts for collection.
50% Credit Analysis:
- Evaluating the creditworthiness of potential customers.
- Creating credit scoring models for risk assessments.
- Approving and rejecting credit to clients based on available data.
- Negotiating the terms of payments with new clients.
- Ensuring all credits and payment terms comply with internal policy.
- Maintaining records of all credit records Monitoring debt payments and bad debts.
- Reviewing and updating the company’s credit policy.