Job Description

Job Summary:

The Credit Manager is responsible for managing the credit-granting process for the organization, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers. The role also involves improving cash flow and minimizing bad debt losses.

Key Responsibilities:

Develop and implement credit policies and procedures to ensure effective risk management. Evaluate creditworthiness of customers using credit scoring systems, financial analysis, and background checks. Set credit limits based on customer risk profiles and company standards. Monitor accounts to identify overdue payments and potential bad debts. Lead the credit approval process and work with sales and finance departments to resolve credit issues. Maintain accurate records of all credit transactions, customer interactions, and payment histories. Prepare regular reports on credit and collection activities, bad debts, and risk exposure. Negotiate payment plans with clients and follow up on collection processes. Ensure compliance with legal and regulatory credit requirements. Supervise credit analysts or collections staff (if applicable).

Qualifications:

Bachelor's degree in Finance, Accounting, Business Administration, or related field. Proven experience as a Credit Manager or in a similar role. Strong understanding of credit risk assessment and financial analysis. Familiarity with accounting software and credit management tools (e.g., SAP, Oracle, QuickBooks). Excellent analytical, negotiation, and communication skills. High attention to detail and strong organizational abilities.

Preferred Skills:

Certification in credit management (e.g., NACM, CFA, CPA) is a plus. Experience in the industry relevant to the employer (e.g., manufacturing, banking, retail). Ability to work under pressure and handle difficult conversations diplomatically.
Job Type: Full-time

Pay: ₹35,000.00 - ₹45,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Paid sick time Provident Fund
Work Location: In person