Credit Control Officer at GIG Logistics

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
108974
Job Views
47

Job Description






ROLE DESCRIPTION



The Credit Control Officer role manages a company's funds owed by clients, from monitoring to recovery.



JOB DESCRIPTION




  • Evaluate and assess the credit worthiness of new and existing clients, based on financial analysis and history.

  • Monitor outstanding invoices and proactively reach out to clients for overdue payments for debt recovery.

  • Maintain detailed records of client accounts, including payment history, terms, and outstanding balances.

  • Prepare periodic reports on accounts receivable, overdue accounts, and potential bad debts, highlighting any trends or issues for legal actions when necessary

  • Establish credit limits and terms for new clients in partnership with the finance and legal departments, periodically reviewing to adapt to changing circumstances.

  • Coordinate with the sales teams to align credit policies with customer engagement strategies.

  • Conduct periodic credit policy audits to ensure adherence and effectiveness.

  • Work with clients to address billing inquiries, discrepancies, or disputes in a timely manner.

  • Collaborate with other departments, including finance, sales, and operations, to ensure a seamless billing and collection process.

  • Identify potential risks in the credit portfolio and implement strategies to mitigate them.

  • Regularly review industry and economic trends that may impact clients' payment behaviors.



JOB REQUIREMENTS




  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

  • 2-4 years of experience in credit control, preferably within the logistics or supply chain industry.

  • Ability to maintain a high level of professionalism and confidentiality.

  • Good communication skills



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