Flydubai
Officer Credit Risk Finance at Flydubai in ENI Sapphire Tower Office number 6, Al Ittihad Road. Port Saeed, Deira Dubai, UAE will perform the daily/periodical operational activities for credit risks associated with Billing & Settlement Plan (BSP), Cargo Account Settlement Systems (CASS) and other channels of distribution. This is an Intermediate level full time job. And salary can range between 7000-15000 AED/month.
Responsibilities of Officer Credit Risk Finance
- Prepares periodic BSP reports, highlighting the status of all settlements and follows up with IATA/Agents regarding any defaults.
- Analyzes Surge Reports and other management information reports/dashboards to identify irregular activities, alerts Commercial/Sales teams, and reviews the credit controls on agents.
- Carries out credit control activities on various sales channels, including assessing credit vetting for IATA agents, reviewing sales, monitoring settlements and defaults, while granting ticketing authority accordingly.
- Liaises with various Commercial Managers to ensure prompt acquisition of market information for all BSP countries, particularly in cases of defaults.
- Maintains a repository of all trade partners contracts, KYC documentation, etc., ensuring their validity is up-to-date and manages their customer accounts on internal systems.
- Manages inadmissible and deportee (INAD) recharges, including billing and follow-up for payment.
- Issues outward billing invoices to agents operating on a Bill-and-Pay model.
- Conducts ledger and sub-ledger reconciliation, while also monitoring receivables on a monthly basis.
- Provides continuous support to the airline’s trade partners, commercial, and sales teams pertaining to Credit Risk functions.
- Monitors defaults across markets where the company operates within BSP/CASS frameworks.
- Conducts credit risk-based vetting of agreements.
- Ensures thorough checks during Travel Agents (TA) closure to protect the company’s financial interests.
Requirements for Role of Officer Credit Risk Finance
- Bachelor’s Degree (3+ years) in Accounting or Finance related.
- 2 years of experience in finance, banking, or risk management.
Skills And Knowledge Desired
- Fluent in English & Arabic.
- Customer Focus.
- Teamwork.
- Effective Communication.
- Personal Accountability & Commitment to achieve.
- Resilience and Flexibility (Can do attitude).