3 weeks ago
Job title : National Credit Manager
Job Location : Gauteng,
Deadline : November 04, 2024
Quick Recommended Links
Credit Evaluation and Approval
- Evaluate the creditworthiness of potential customers by reviewing credit reports, financial statements, trade references, and other relevant information.
- Determine appropriate credit limits, terms, and payment plans based on risk assessment and company guidelines.
- Monitor changes in customers’ credit profiles, financial conditions, and market dynamics to anticipate and mitigate credit risks proactively.
- Approve or decline credit applications and negotiate terms with customers to facilitate sales while minimizing credit exposure.
Collections Management
- Monitor customer accounts to identify overdue invoices, outstanding balances, and delinquent accounts.
- Implement and enforce collection strategies, including reminder notices, phone calls, and collection letters, to encourage timely payment and resolve payment disputes.
- Coordinate with collection agencies or legal counsel for escalated collection efforts, including legal actions or debt recovery, when necessary
Risk Assessment & Monitoring
- Identify potential credit risks and exposure by analyzing customer payment histories, credit scores, and financial stability
- Implement risk mitigation strategies, such as requiring collateral or personal guarantees, to safeguard against potential losses. Customer Relations & Communication
- Build and maintain positive relationships with customers, sales teams, and other stakeholders to foster collaboration and resolve credit-related issues effectively
- Communicate credit terms, payment expectations, and collection efforts clearly and professionally to ensure transparency and compliance. Reporting & Analysi
- Generate regular reports to track key credit metrics, including aging receivables, credit limits, bad debts, and cash flow impacts.
- Analyze credit data and trends to identify patterns, insights, and opportunities for process improvements in credit management and collections.
- Present findings and recommendations to senior management to inform strategic decisions and optimize credit management strategies. Compliance and Regulatory Compliance
Ensure compliance credit laws, regulations, and industry standards.
- Stay updated with changes in credit-related regulations and industry best practices to maintain compliance and minimize legal risks.
- Implement internal controls and audit procedures to monitor compliance and address any issues or discrepancies promptly. Managing a team
- Provide guidance and support to your teams on credit policies, customer credit status, and collection procedures to facilitate informed decision-making and customer interactions.
- Ensure that credit controllers and supervisors are regularly following up with the customers with regards to payments.
- Have regular meetings to stay up to date with the books that each credit controller/supervisor.
- If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
- Accounting / Financial Services jobs