Credit Manager

SUMMARY:
An exciting new opportunity has arisen with our client in the FMCG sector for a Credit Manager.

POSITION INFO:
Minimum qualification and experience:

- BCom Degree
- CIMA, Credit management degree, CA or equivalent will be advantageous
- 3 years’ experience in a similar role
- Credit insurance experience and a firm understanding
- Working capital solutions advantageous
- Syspro and Pastel experience
- Advanced Excel skills required
- Experience in FMCG will be advantage
- Proven track record on managing a large book in excess of R350M
- Team management and leadership experience required

Soft Skills:

- Individual needs to have strong communication skills, a no-nonsense business approach, be resilient, assertive and willing to handle conflict situations.
- Must be able to handle pressure and have exemplary time management skills.
- Must be able to work independently with high level input from senior management.
- Ability to lead and motivate a team.
- Strong interpersonal skills in getting diverse individuals working together.
- Able to direct and lead team and external departments to produce desired results.
- Individual needs to set high standards and have a high attention for detail.

Main Duties/Key Results Areas:

- Responsible for the reporting, oversight and improvement of the credit department.
- Lead and manage a team of 8 individuals. Monitor performance and manage capacity.
- Manage customer limits and exposures on forward sales and instore stock levels. Credit manager is responsible for the credit authority levels and approvals.
- Manage and oversee the companies in the group''s Credit insurance policies and ensure compliance on time frames and insurance terms and conditions.
- Plan and initiate strategies for collections. Needs to improve debtors’ days outstanding and maximise cash inflow.
- Ensure that tight credit controls are implemented, monitored and maintained. Maintain a low bad debt write off percentage.
- Manage and resolve outstanding claims and queries with customers.
- Work closely with the compliance department on new customer credit application. Apply for limits on CGIC as well as performed risk procedures to set internal limits.
- Manage and oversee the company’s financial accounts receivable funding services with the bank and ensure PODs are provided and appropriate limits are in place.
- Responsible for weekly age analysis reporting and accounts receivable on the balance sheet. Month end reporting. Quarterly financial audits. Annual Financial Statement audits.

General:
- To undertake any other duties as requested by the Director, commensurate with the skills and experience of the post holder. - To have responsibility for the Health, Safety and Welfare of self and others and to comply at all times with the requirement of the Health and Safety Regulations.
- To ensure confidentiality at all times, only releasing confidential information obtained during the course of employment to those acting in an official capacity.
- To comply with Policies.
- To undertake such duties as may be required from time to time as are consistent with the responsibilities of the position and the needs of the service.
- This job description is not an exhaustive document but is a reflection of the current position. Details and emphasis may change in line with service needs after consultation with the post holder.

NB! This job is now closed. You can apply for other jobs by uploading your CV.