Officer - Credit Risk Finance Fly Dubai

Employer Active

Posted 5 hrs ago

Experience

3 - 6 Years

Education

Bachelor of Commerce(Commerce)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

MAIN OBJECTIVE OF ROLE

To 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.
KEY RESPONSIBILITIES

  • 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 TA (Travel Agent) closure to protect the company s financial interests.

QUALIFICATIONS

  • Bachelor's Degree (3+ years)
  • Degree in Accounting or Finance related.
  • Fluent in English (other languages an advantage)
  • Years with qualifications: 4 - 6 years

COMPETENCIES

  • Customer Focus
  • Teamwork
  • Effective Communication
  • Personal Accountability & Commitment to achieve
  • Resilience & Flexibility (Can do attitude)

Company Industry

Department / Functional Area

Keywords

  • Officer - Credit Risk Finance

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