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Credit Control Leader
About this role:
We are seeking a skilled Credit Control Leader to lead and manage the credit control function, ensuring timely collection of outstanding receivables, minimizing bad debts, and maintaining healthy cash flow.
Key Responsibilities:
- Develop and implement effective credit control policies, procedures, and credit limits to drive timely collections.
- Evaluate customer creditworthiness through thorough financial analysis, risk assessments, and credit scoring.
- Approve or recommend credit limits and payment terms based on customer creditworthiness.
- Monitor accounts receivable ledger to ensure all debts are collected in a timely manner.
- Review and reconcile customer accounts regularly to ensure accurate allocation of receipts.
- Lead the collections team to follow up on outstanding invoices.
- Provide regular reports on receivables, aging, DSO (Days Sales Outstanding), bad debt provisions, and collection efficiency.
- Highlight high-risk accounts and overdue balances to senior management for prompt action.
- Collaborate with cross-functional teams to resolve credit issues and support customer relationships.
- Manage, train, and motivate the credit control team to achieve performance targets.
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