Job Post: Senior Credit Controller
Company: Watershed Consulting
Job Title: Senior Credit Controller
Area: Linbro Park, Sandton
Salary: R30 000 to R35 000 per month CTC (based on qualification and experience)
Type of Position: Permanent On-site
Start Date: Negotiable
Purpose of Position:
A leading manufacturing company is currently seeking a skilled Senior Credit Controller to join our finance team. The ideal candidate will have a minimum of 10 years of relevant working experience along with a tertiary qualification in credit management or finance. The Senior Credit Controller will be pivotal in overseeing the company’s client onboarding and debt collection processes, ensuring timely collection of outstanding debts, and improving overall cash flow.
Main Responsibilities:
This role focuses on debt collecting, analyzing client credit profiles, minimizing bad debt, and implementing effective credit control policies. Key responsibilities include:
- Overseeing the company’s client onboarding process.
- Supervising the debt collection process.
- Ensuring the timely collection of outstanding debts.
- Analyzing client credit profiles.
- Implementing strategies to minimize bad debt and improve cash flow.
- Maintaining strong relationships with clients.
- Implementing effective credit control policies.
Duties & Responsibilities:
Cash Flow Management:
- Maximize the institution’s cash flow through efficient debt collection and risk minimization.
- Provide insights and recommendations to management and stakeholders on optimal routes of action.
- Produce financial reports related to forecasts, account receivables, revenue, and cash flow.
Systems, Policies, and Procedures:
- Develop credit and invoicing policies for approval and ensure they are communicated and adhered to across operational divisions.
- Understand integration on various platforms and refine processes involving all personnel.
- Maintain the debtors’ database by updating customer contact details, ensuring uniformity in customer naming conventions, and confirming the accuracy of beneficiary banking details.
- Collaborate with other departments to revamp processes affecting the finance department within a dynamic environment.
Account Management:
- Manage age analysis of active accounts effectively.
- Monitor customer performance against terms while optimizing client experience.
- Provide cash flow projections.
- Focus on reducing aged debt.
- Oversee legal handovers to debt collecting companies and lawyers.
- Monitor and analyze market trends and industry best practices to optimize day-to-day customer management and debt collection strategies.
Invoicing:
- Process invoices according to client agreements.
- Provide statements to clients promptly.
Reporting:
- Generate bi-weekly credit management reports.
- Monitor cash flow, including annual and seasonal forecasting.
- Produce detailed reports for management, highlighting key metrics, areas of concern, and recommendations for improvement.
- Ad hoc reporting as required.
Client Relations:
- Develop and maintain excellent client relations, specifically focusing on high-net-worth clients.
Skills, Qualifications, and Experience:
- Tertiary qualification in Credit Management or Finance.
- Proven experience in client management, credit control, debt collection, or a similar role.
- Strong knowledge of credit management principles, debt collection laws, and regulations.
- A minimum of 10 years of experience in a relevant role.
- Excellent communication and negotiation skills.
- Effective team management abilities.
- High proficiency in financial analysis and reporting.
- Strong attention to detail and analytical skills.
- Ability to work under pressure and meet deadlines.
- Experience with Xero is advantageous.
Expected Salary:
R30 000 – 35 000 per month.
Location:
Gauteng
Job Date:
Thu, 19 Sep 2024 22:40:23 GMT
If you meet the above qualifications and are looking for a challenging yet rewarding role in a dynamic environment, please consider applying for the Senior Credit Controller position at Watershed Consulting. We value dedication, expertise, and the ability to build strong client relationships, and we look forward to finding a candidate who embodies these qualities.
Tips on What To Include In CV
To create an effective curriculum vitae (CV) for the position of Senior Credit Controller based on the provided job description, you should include the following sections:
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Contact Information: Full name, phone number, email address, and LinkedIn profile (if applicable).
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Professional Summary: A brief overview of your experience, focusing on more than 10 years in credit control, debt collection, and client management, as well as your relevant qualifications.
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Work Experience: List your relevant work history in reverse chronological order, detailing job titles, company names, and date ranges. Include detailed descriptions of your responsibilities such as managing debt collection processes, analyzing client credit profiles, producing financial reports, and overseeing legal handover. Highlight key achievements, such as improved cash flow or reduction in aged debt.
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Education: Clearly state your tertiary qualifications in Credit Management or Finance, including the institution names and graduation dates.
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Skills: Focus on pertinent skills like proficiency in financial analysis and reporting, credit management principles, effective team management, excellent communication and negotiation abilities, attention to detail, and working under pressure. Mention specific software experience like Xero as it is advantageous.
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Certifications and Training: Include any relevant certifications or professional training courses that enhance your qualifications for this role.
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Professional Affiliations: Mention any memberships in professional bodies related to credit management or finance.
- References: Optional, but specify that they are available upon request.
Each section should be tailored to emphasize your expertise and accomplishments that match the key responsibilities and required skills for the Senior Credit Controller role.
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