Credit Manager - Retail Cape Town

 

Recruiter:

CME Recruitment

Job Ref:

CPT000106/CR

Date posted:

Friday, February 12, 2021

Location:

Capetown, South Africa


SUMMARY:
A large Retail concern is looking for an Assistant Credit Manager to join their team in Cape Town. You will be responsible for the management of all credit-related issues and legal compliance

POSITION INFO:

  • Approval of new member applications and ensure all documentation is correct
  • Check affordability of potential owner
  • Check cash flow projections to ensure that store will be profitable.
  • Securities available for the franchise for stock purchases
  • Bank guarantees wording is correct
  • The set-up of legal documentation (Notarial Bonds)
  • To reduce risk and potential loss within the business
  • Compliance to the National Credit Act
  • Regular discussion with Divisional Managers and accountants on progress of approval on applications
  • Ensure Credit Limits and store opening notifications are sent
  • Review debtors Age Analysis on a regular basis to ensure payments are done
  • Regular discussions with Divisional Managers and Accountants on Status of Member Accounts
Min Requirements:
5 years experience in Retail/Franchise industry
Related qualification

 

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