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You will be updated with latest job alerts via emailCredit Control Strategy Develop and implement regional credit control strategies in alignment with corporate policies and financial objectives.
Reporting; Analysis; Prepare and present regular reports on the status of accounts receivable including key metrics such as DSO aging reports bad debt provision and cash flow impact. Analyse and recommend improvements to the credit control process ensuring the adoption of best practices across regions.
Credit Assessment; Evaluate the creditworthiness of potential and existing clients by analysing financial statements payment history and credit reports. Recommend credit limits and terms based on risk assessment.
Invoice Management; Ensure that invoices are issued accurately and on time in alignment with company policies. Monitor outstanding invoices and follow up on overdue payments.
Collections; Implement and manage effective collection strategies to minimize overdue receivables. Liaise with clients Finance departments to expedite payments.
Credit Control Policies; Develop implement and maintain credit control policies and procedures to enhance the credit management process.
Account Reconciliation; Reconcile customer accounts to ensure accuracy in billing and payments. Resolve discrepancies by liaising with internal departments and clients.
Client Relationship Management; Maintain strong relationships with clients to ensure ongoing communication regarding their accounts. Address and resolve any queries related to invoicing or payments.
Risk Management; Identify and assess credit risks and work with the finance team to mitigate them. Recommend actions for highrisk accounts including credit holds and escalation to dispute resolution head if necessary.
Compliance; Ensure that credit control practices comply with relevant regulations and company policies. Stay updated on changes in credit management best practices and legal requirements.
Team Leadership; Manage and mentor the regional credit control team providing guidance training and performance evaluations.
Team Collaboration; Work closely with the finance teams to align on credit terms customer accounts and payment plans. Provide training and support to team members on credit control processes.
Qualifications :
Professional certification in credit management (e.g. CICM ICM) is an advantage.
Min 10 years experience.
Remote Work :
No
Employment Type :
Fulltime
Full-time