While reporting to the Finance and Administration Manager, the Credit Control Manager will be responsible for developing and executing the Corporation’s credit management, debt recovery and debt collection efforts.
Specific Terms
Three (3) years contract of employment renewable subject to good performance output.
Remuneration
An attractive remuneration package will be offered to the successful candidate.
Responsibilities
Setting up an effective credit control system with clear terms and conditions of the receivable and payable balances
Formulating and /or reviewing credit policy
Ensuring Corporation’s debts are settled and recovered on time and efficiently.
Ensuring that all invoices are raised on time that invoices have the relevant attachments and are dispatched in an appropriate manner.
Maintaining accurate and up to date records of all debtors
Coordinating daily execution of debt follow ups and recovery
Responsible for negotiating re-payment plans whenever necessary
Identify changes in payment patterns and propose action to avert indebtedness
Formulating guidelines on the management of bad and doubtful debts
Managing the credit rating process of customers requiring credit facilities and give recommendations,
Handling disputed bills within the agreed terms resolving problems in relation to invoicing /payments
Compiling and making recommendations to the Management bad and doubtful debt provision and write-offs
Ensuring that all transactions are compliant with the Corporation’s policies
Qualifications
Educational Requirements
Bachelor’s Degree in Commerce, Accounting, Finance, Business Administration or Economics from a recognized University
A Master’s degree (MBA / MSc in Finance /Accounting or its equivalent) from a recognized University will be an added advantage.
Professional Requirements
CPA (K) or any other recognized equivalent professional qualification
Computer proficiency
Must be a registered member of ICPAK
Minimum Experience
At least seven (7) years working experience with at least three (3) years as Accounts Controller, Chief Accountant / Chief Revenue Officer or a higher position than Chief Accountant / Chief Revenue Officer in a large busy organization.
Must show evidence of experience in preparing financial statements, management accounts, budgets and accounts reconciliations.
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