
Financial Performance Manager
21 hours ago
At our organization, we are seeking an experienced Credit Control Professional to lead and manage the credit control function.
The successful candidate will have a proven track record of timely collection of outstanding receivables, minimizing bad debts, and maintaining healthy cash flow. They will be responsible for setting credit policies, evaluating credit risks, managing a team, and liaising with internal and external stakeholders.
Key Responsibilities:
- Credit Management
- Develop and implement credit control policies, procedures, and credit limits.
- Evaluate new and existing customer creditworthiness through financial analysis, credit scoring, and risk assessments.
- Approve or recommend credit limits and payment terms.
- Receivables Management
- Monitor the accounts receivable ledger to ensure all debts are collected in a timely manner.
- Review and reconcile customer accounts regularly.
- Ensure accurate and timely allocation of receipts.
- Collections
- Lead and manage the collections team to follow up on outstanding invoices.
- Resolve invoice disputes and escalate problematic cases to management.
- Maintain regular contact with key customers to secure payments.
- Reporting & Analysis
- Prepare weekly/monthly reports on receivables, aging, DSO (Days Sales Outstanding), bad debt provisions, and collection efficiency.
- Highlight high-risk accounts and overdue balances to senior management.
- Stakeholder Collaboration
- Work closely with the Sales, Legal, and Customer Service teams to resolve credit issues and support customer relationships.
- Liaise with external credit rating agencies and legal advisors when required.
- Team Leadership
- Manage, train, and motivate the credit control team.
- Set performance KPIs and review team performance regularly.
- Compliance
- Ensure adherence to company credit policies and regulatory requirements.
- Support internal and external audit processes.
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