Job Description
Job Description
- A Credit Control Manager or Credit Manager or Accounts Receivable Manager is responsible for managing a team that recovers unpaid debt/money/outstanding owed to the organisation.
- The debts may be fromeither business (commercial collection) or individuals (consumer collection).
- The credit function plays a vitalrole in the finance department to ensure that invoices are paid on time to assist the organisation.
Responsibilities
The Credit Control Manager role will perform a wide range of duties and responsibilities.
These may include, but are not limited to:
- Managing a team of Credit Control Officers
- Formulation of the company's credit policy to mitigate unnecessary risk
- Reviewing credit applications and credit references to set credit limits and ensure credit worthiness
- Preparing journal entries, credit notes and assisting with month end
- Review and report on Aged Debtors
- Regularly meet and negotiate terms with third party debt collection agencies
- Manage write-offs, bad debt provisions and setting up of payment plans
- Assisting the broader accounts team
- Regularly reviewing the process and procedures to reduce debtor days.
Requirements
The more common skills and attributes that are needed for this role may include:
- At least 5 years experience in Credit and receivables and accounting domain
- Previous experience of end-to-end credit controland accounts receivable processes
- Working knowledge of Credit law
- Staff management experience
- Accounting and reconciliation
- Strong written and verbal communication skills especially during difficult customer negotiations
- Ability to build relationships with multiple internal and external stakeholders
- Ability to multi-task
- Intermediate computer software skills, including Excel and other accounting packages.