Debtors Manager

We have a vacancy for a Debtors Manager with FMCG experience for one of our clients in the Durban area.

Requirements:

• 10+ years experience as a Debtors Manager and / or credit manager
• Minimum of 5 years experience in management of people
• Tertiary qualification will be advantageous
• FMCG, Rebates and manufacturing experience (non-negotiable) 
• Full knowledge of the requirements in respect of National Credit Act, Consumer Protection Act and POPI and IFRS 9.
• Understand risk, business processes and controls.
• Excellent leadership skill, including strong coaching experience.
• Business Analytical skills.
• Management reporting skills level.
• Knowledge of a Factored Facility

Responsibilities:

• Manage month end processes and recons
• Manage Credit and Collections function
• Establish strategies in terms of risk management and collections
• Overseeing the collection of delinquent accounts
• Overseeing debtors and managing 5-6 people.
• Organizing meetings and ensuring that the debtors department & management is well-prepared for meetings.
• Managing Debtors Book and Debtors reports for Chief Financial Officer
• Management of client queries in a timely manner
• Managing Payment Allocations, Cash flow monitoring and updates
• Managing and constant supervision of the Funding Facility with the Bank.
• Monitor Ineligibles and reduce week on week.
• CGIC Handovers – Follow through from lodging of claim to payment and provision
• Rebates & Credit Note Provision – Detailed analysis monthly
• Bad Debt Reconciliations across all Entities - monthly
• Managing Billings Processing and Integration of billings through systems
• Sending out weekly query report to various Departments
• Management of the collections of outstanding debt
• Meeting with client and Account managers to resolve big account issues
• Overseeing the Capturing of Bank statement by the debtor’s department for Accountants to capture Payments
• Evaluating and reporting on customers’ credit data and financial statements to determine the degree of risk involved in extending credit to them and making recommendations to management about the degree of risk in extending credit to customers.
• Analyzing client records and using the data to recommend payment plans and reducing internal cover requirements.
• Conferring with credit associations and references to exchange credit information on clients.
• Engaging in customer visits as part of the credit risk assessment.

Please note only shortlisted candidates will be contacted. To apply click on the "apply" and you will be redirected to another site.