Credit Manager | Al-Futtaim Automotive | BYD | KSA

Job Requisition ID: 177439 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the Role

The Credit Manager is responsible for managing the company’s credit risk by evaluating customer creditworthiness, setting appropriate credit limits, and ensuring effective collection processes. The role plays a key part in balancing business growth with risk control, improving cash flow, and minimizing bad debts through strong credit governance and stakeholder collaboration.

What You Will Do

Credit Risk Management

• Review and approve customer credit applications.
• Assess creditworthiness using financial statements and credit reports.
• Set and manage credit limits aligned with risk appetite.
• Ensure compliance with credit policies and procedures.

Accounts Receivable & Collections Oversight

• Monitor accounts receivable aging and overdue balances.
• Oversee collection processes and escalation strategies.
• Support resolution of high-risk or complex cases.
• Drive improvements in collection efficiency.

Policy & Governance

• Establish and enforce credit policies and procedures.
• Ensure adherence to internal controls and risk frameworks.
• Continuously review and enhance credit processes.

Stakeholder Management

• Work closely with Sales to balance revenue growth and risk exposure.
• Partner with Finance and Operations on credit-related matters.
• Provide guidance on credit decisions and risk mitigation.

Reporting & Insights

• Prepare credit risk reports and dashboards for senior management.
• Track KPIs such as DSO, overdue balances, and bad debts.
• Provide insights and recommendations to improve cash flow.

Team Leadership

• Lead and support collections and credit teams.
• Set targets and monitor team performance.
• Coach and develop team members.

Required Skills to Be Successful

• Strong understanding of credit risk and financial analysis
• Leadership and team management skills
• Strong negotiation and decision-making ability
• Excellent communication and stakeholder management
• Analytical thinking and attention to detail
• Ability to balance risk and business growth

What Qualifies You for the Role

• Bachelor’s degree in Finance, Accounting, or related field
• 5–8 years of experience in credit management or AR
• Strong experience in collections and receivables
• Experience leading teams
• Knowledge of ERP systems (e.g., SAP) and credit tools
• Strong understanding of financial statements

About Al-Futtaim Automotive
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.
We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. 
We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.