Senior Credit Controller Area: Linbro Park, SandtonSalary: R30 000 to R35 000 per month CTC (based on qualification and experience)Type of position: Permanent on-siteStart date: NegotiablePurpose of position: A manufacturing company is currently looking for a Credit Controller.
The candidate for this role must have at least 10 years relevant working experience and tertiary qualification for this role.Main responsibilities include overseeing the company's clients onboarding, debt collection process and ensuring the timely collection of outstanding debts.
The role will involve debt collecting, analysing client credit profiles and implementing strategies to minimize bad debt and improve cash flow.
Additionally, the role is responsible for maintaining strong relationships with clients and implementing effective credit control policies.Duties & ResponsibilitiesEnsure that the institution's cash flow is maximised through debt collection and minimisation of risk.Reporting to management and stakeholders, as well as providing advice on best route of action.Producing financial reports related to forecasts, account receivables, revenue and cashflow.Systems, Policies and Procedures:Ensure that the credit and invoicing policies are developed for approval, communicated to operational divisions and adhered to.Ability to understand integration on various platforms and continuous refinement relating to processes involving all personnel.Maintain Debtors database by setting up term codes, removing inactive customers, updating customer contact details, ensuring uniformity in customer naming conventions, linking customer accounts to respective groups and confirming accuracy of beneficiary banking details.Work closely with other departments to reassess processes affecting the finance department in a changing environment.Account Management:Managing age analysis of active accounts.Monitor Customer performance against terms while optimising client experience.Provide cash flow projections.Focus on the reduction of aged debt.Overseeing Legal Handover to Debt collecting companies and Lawyers.Monitor and analyse market trends and industry best practices to optimize day to day customer management and debt collection strategies. Invoicing:Processing invoices per client agreements.Providing statements to clients.Reporting:Bi-weekly credit management report.Managing Cash flow monitoring, including annual and seasonal forecasting.Generate reports for management, highlighting key metrics, areas of concern and recommendations for improvement.Ad-hoc as required.Client relations:Creating and maintaining excellent client relations with high-net-worth clients. Skills, Qualifications and Experience: Tertiary qualification in Credit Management or Finance.Proven experience in client management, credit control, debt collection or a similar role.Strong knowledge of credit management principles, debt collection laws and regulations.10+ years' experience in the role.Excellent communication and negotiation skills.Effective team management abilities.Proficient in financial analysis and reporting.Attention to detail and strong analytical skills.Ability to work under pressure and meet deadlines.Experience of Xero will be advantageous.
Skillset Required: Analytical Skill, Client Management, Ability To Work Under Pressure, Roller, Forecasting, Negotiation Skill, Credit Management, Visio, Attention To Detail, Invoicing, Banking, Excel, Account Management, Trends, Strong Analytical