Senior Creditors Controller

SUMMARY:
Senior Creditors Controller
JHB North
Permanent

POSITION INFO:
Position: Senior Creditors Controller
Location: Midrand
Salary: R550k - R600k

Job Summary:

Key Responsibilities:

1. Credit Policy Development and Management:

• Develop and implement credit policies and procedures.
• Ensure that credit policies are in compliance with legal and regulatory requirements.

2. Credit Assessment:

• Assess the creditworthiness of potential customers through financial analysis.
• Review and approve credit limits for new and existing customers.
• Monitor and review credit limits regularly.

3. Credit Control:

• Oversee the credit control team to ensure timely collection of outstanding debts.
• Implement strategies to minimize bad debts and reduce days sales outstanding (DSO).
• Manage and resolve disputes related to unpaid invoices.

4. Risk Management:

• Identify and manage credit risk exposures.
• Implement measures to mitigate potential credit risks.
• Monitor economic trends and industry developments that could impact credit risk.

5. Reporting and Analysis:

• Prepare regular reports on credit status, overdue accounts, and bad debt provisions.
• Analyze credit data and financial statements to identify trends and patterns.
• Present findings and recommendations to senior management.

6. Team Leadership:

• Lead, mentor, and develop the credit control team.
• Set performance objectives and conduct regular performance reviews.
• Provide training and support to team members.

7. Collaboration:

• Work closely with the sales and finance departments to align credit policies with business goals.
• Assist in the negotiation of payment terms with customers.

8. Compliance:

• Ensure all credit activities comply with internal policies and external regulations.
• Stay up to date with changes in credit management best practices and legal requirements.

Qualifications:

• Bachelor’s degree in finance, accounting, business administration, or a related field.
• Professional certification in credit management (e.g., CICM, NACM) is preferred.
• Proficiency in accounting software (e.g., Business Central, AccPacc, Greatplains, and PowerBI).
• Proven experience as a Credit Manager or in a similar role.
• Strong understanding of credit risk assessment and management.
• Excellent analytical skills and attention to detail.
• Strong leadership and team management abilities.
• Excellent communication and negotiation skills.
• Proficient in financial software and Microsoft Office Suite.

Working Conditions:

• Full-time position.
• Office-based with potential travel to meet clients or attend industry events.
• Standard business hours, with occasional extended hours to meet deadlines or attend meetings.

How to Apply:

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