Job Description

The role of Inventory Control is crucial in the Logistics sector as it ensures the efficient management of inventory levels to meet customer demand while minimizing excess stock. Inventory control plays a vital role in optimizing supply chain operations and directly impacts the company's profitability and customer satisfaction.

A Credit Controller is responsible for overseeing the credit management process, ensuring timely payment of invoices, and minimizing bad debt losses. They play a crucial role in evaluating creditworthiness, establishing credit limits, and enforcing credit policies to mitigate financial risks

Inventory Management: (Key responsibilities)

Tracking inbound and outbound inventory to monitor flow and stock levels Reconciling inventory to ensure computer counts match physical counts Helping set ideal reorder points for stock based on how often items are used, vendor delivery times and seasonal demand patterns Generating and interpreting sales reports and trends, such as distributed inventory management, to predict inventory needs and ordering timelines Reordering stock according to periodic automatic replenishment (PAR) levels or company requests Collaborating with the production and logistics teams on production planning and efficient material handling.

Credit Control (Key Responsibilities)

Monitor accounts receivable aging reports, identify overdue invoices, and follow up with customers to ensure timely payment.. Collaborate with sales, customer service, and finance departments to resolve billing discrepancies, disputes, and customer inquiries. Maintain accurate records of customer accounts, payment history, and collections activities in the accounting system. Prepare and analyze credit risk reports, delinquency reports, and bad debt provisions, and recommend appropriate actions to mitigate risks. Stay updated with changes in credit regulations, industry trends, and best practices, and ensure compliance with credit policies and procedures. Supervision of employee work related to customers credit follow-ups Developing and implementing strategies to optimize overall working capital management. Analyzing and reporting on inventory and credit performance, identifying areas for improvement. Ensuring accurate and timely financial reporting and accounting for inventory and credit, adhering to standards Coordinating with internal, statutory, and cost auditors for timely audit closures. Ensuring compliance with regulatory requirements (e.g., GST, Income Tax, and Companies Act).

SKILL & COMPETENCIES REQUIRED

Bachelor's degree in Finance, Accounting, Business Administration, or related field certification in Credit Management and Supply Chain is preferred. Proven experience in Inventory Management credit control, collections, or related roles. Strong knowledge of Inventory control methods and policies ,credit management principles, credit analysis techniques, and collections strategies. Excellent communication, negotiation, and interpersonal skills. Proficiency in accounting software such as SAP, Oracle, or QuickBooks, and MS Excel. Ability to work independently and as part of a team in a fast-paced environment
Job Types: Full-time, Permanent

Pay: From ?35,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Leave encashment Provident Fund
Work Location: In person