JOB DESCRIPTION
Reporting to the Credit Committee and the Chief Accountant, the incumbent will be responsible for overseeing the credit control section activities including but not limited to management of credit approval process in line with the terms of reference of the credit control l committee, periodic review of the credit terms and limits of debtor accounts and making recommendations for review of the same, , follow up on collection of debt, managing legal matters in relation to debt recovery, involvement and monitoring debtor account management and reconciliations and supervising the credit control team of 4 members.
This position is based in Nairobi, Kenya.
The main duties and responsibilities include but are not limited to the below:
Reviewing credit application, credit enhancement forms and related supporting document and making appropriate recommendations to the credit control committee
Ensure all customer receipts including withholding vat certificates received are posted to the correct accounts
Ensure reconciliations of receipts to invoices are done correctly and regularly
Being involved in management of key accounts in respect of reconciliations and debt collections in liaison with the sales representatives
Addressing and responding to any debtor related queries
Follow up on overdue debts in liaison with sales representatives
Monitoring consignment account activities
Liaising with lawyers on the cases related to collection of problematic debtors
Overseeing all communication to customers
Periodic review of new customer accounts created to ensure accuracy of data and correct classification of customers
Generating and compiling of various reports required by management related to credit control
Compiling and making recommendation to the credit control committee on bad and doubtful debt provision and write offs
Periodic review of any unutilized credit balances in the customer accounts
Maintaining all contracts and agreements with customers for consignment arrangements, tender pricing, contracts etc
Periodic review of the credit control policy and making recommendations of any changes to the credit control committee
Supervise, mentor and monitor the credit control team
Any other duties as may be specified from time to time falling within the scope of the finance team as a whole
QUALIFICATIONS & EXPERIENCE
ACCA/ CPA (K)/ CCP qualification
Bachelor’s Degree in Management/ related field
Minimum of 5 years relevant experience of which at least 2 years should have been in a similar role in a commercial organization
Computer literate with strong skills in Microsoft Office
Exceptional skills in Microsoft Excel would be an added advantage
Working knowledge of Kenyan tax laws especially the Kenyan VAT Act
Working knowledge of SAP B1 will be an added advantage
Excellent communication, analytical, problem solving and decision making skills
Must be a Kenyan Citizen
Important: Any application that does not adhere to the instructions below will be automatically disqualified. Candidates should apply via the Apply Button on this page (including an up-to-date resume), then fill out the form on the link below:
