
Senior Credit Risk Manager
9 hours ago
Credit Management Professional
We are seeking a seasoned Credit Management Professional to lead our Accounts department. The ideal candidate will have a strong background in credit management, excellent analytical skills, and the ability to motivate and manage a team.
Key Responsibilities:
- Credit Control Strategy
- Develop and implement effective credit control policies and procedures to minimize bad debts and maintain healthy cash flow.
- Evaluate customer creditworthiness through financial analysis, credit scoring, and risk assessments.
- Approve or recommend credit limits and payment terms based on customer creditworthiness.
- Accounts Receivable Management
- Monitor accounts receivable ledger to ensure timely debt collection and accurate allocation of receipts.
- Review and reconcile customer accounts regularly to prevent discrepancies.
- Collections Leadership
- Lead and manage the collections team to follow up on outstanding invoices and resolve disputes.
- Maintain regular contact with key customers to secure payments and maintain positive relationships.
- Performance Reporting
- Prepare weekly/monthly reports on receivables, aging, DSO, bad debt provisions, and collection efficiency.
- Highlight high-risk accounts and overdue balances to senior management for prompt action.
- Team Development
- Manage, train, and motivate the credit control team to achieve excellent performance and adherence to company policies.
- Set performance KPIs and review team performance regularly to identify areas for improvement.
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