Job Description

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1. Accounts Receivable Management:
Monitor customer accounts to ensure timely payments.
Ensure that customer credit terms and limits are adhered to.
Handle customer queries regarding outstanding payments.
2. Credit Risk Assessment:
Evaluate new and existing clients creditworthiness by conducting due diligence and assessing financial statements.
Set and review customer credit limits in collaboration with the sales and finance teams.
Approve or recommend credit limits based on the assessment.
3. Debt Collection:
Proactively follow up on overdue invoices and work with customers to settle outstanding debts.
Implement appropriate collection strategies, including issuing reminders,
Escalate overdue accounts and take legal action where necessary.
Maintain and update accurate records of interactions with clients.
4. Cash Flow & Reporting:
Ensure timely reporting of cash inflows and potential risks to the Finance Manager.
Prepare and maintain accurate aging reports of receivables.
Regularly report on the status of overdue accounts
5. Liaison with Internal Teams:
Work closely with the sales, finance, and customer service teams to resolve any credit-related issues.
Coordinate with the accounts team to reconcile accounts where there are discrepancies.
6. Policy & Compliance:
Ensure that all credit control activities comply with internal credit policies and relevant regulations.
Assist in the development and enforcement of credit control policies to improve cash flow and minimize bad debt.
Computation of Finance Cost collection from Customers on delay payment.

Skills Required