Group Credit Manager Our client is looking for the expertise of a Group Credit Manager to join their team.
Department: Finance Reports to: Financial Directors Job summary: Responsible for the reporting, oversight, and improvement of the Credit department.
Duties & Responsibilities Lead and manage the Credit Department and the Sales Admin and Invoicing Department, by providing guidance and direction to team members.
Responsible for the reporting, oversight, and improvement of the departments.
Foster a positive and collaborative team environment, promoting open communication and teamwork.
Monitor and evaluate the performance of the credit department, ensuring efficiency and adherence to established policies and procedures.
Implement key performance indicators (KPIs) to measure the team's effectiveness.
Analyse and review customer financial position to grant credit limits as part of the customer onboarding process.
Manage customer limits and exposures on forward sales and instore stock levels.
The Group Credit Manager is responsible for the credit authority levels and approvals.
Manage and oversee the companies in the group's Credit insurance policies and ensure compliance on time frames and insurance terms and conditions.
Plan and initiate strategies for collections.
Improve debtors' days outstanding and maximise cash inflow.
Ensure that tight credit controls are implemented, monitored, and maintained.
Maintain a low bad debt write off percentage.
Manage and resolve outstanding claims and queries with customers.
Work closely with the compliance department on new customer credit applications.
Apply for limits on CGIC as well as perform risk procedures to set internal limits.
Manage and oversee the company's financial accounts receiving funding services with the bank and ensure PODs are provided and appropriate limits are in place.
Ensure timely reporting, including weekly age analysis, accounts receivable on the balance sheet, month end reporting, quarterly financial audits, and Annual Financial Statement audits.
All other tasks and related duties as expected from the employer from time to time.
General Responsibilities To undertake any other duties as requested by the Director, commensurate with the skills and experience of the post holder.
To have responsibility for the Health, Safety and Welfare of self and others and to always comply with the requirement of the Health and Safety Regulations.
To always ensure confidentiality, only releasing confidential information obtained during employment to those acting in an official capacity.
Desired Experience & Qualification Bachelor's degree in commerce (BCom).
CIMA, Credit Management Degree, or equivalent (advantageous).
Minimum of 2 years' experience as a Credit Manager.
Credit insurance experience and a firm understanding.
Experience in financing and working capital solutions.
Proficient in Syspro, Pastel, or other IT systems.
Advanced Excel skills.
Minimum of 2 years in a management position leading a team of 8+ diverse members.
Proven track record managing a large book in excess of R450M.
Ability to handle extreme pressure.
Resilience, assertiveness and willing to handle conflict.
Exemplary time management skills.
Ability to work independently with high level input from senior management.
Strong interpersonal skills in fostering collaboration.
Able to direct and lead team and external departments to produce desired results.
Individual needs to set high standards and have a high attention to detail.
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