Job Description

Requirements:

• Matric.
• LLB Degree / BCom Law qualification / Finance tertiary qualification.
• 7+ years experience in credit management.
• Computer Literate - Ms. Office Excel advantageous.
• Strong negotiation and analytical skills.

Responsibilities:

• Evaluate the creditworthiness of potential customers by reviewing credit reports, financial statements, trade references, and other relevant information. .
• Approve or decline credit applications and negotiate terms with customers to facilitate sales while minimizing credit exposure.
• Monitor customer accounts to identify overdue invoices, outstanding balances, and delinquent accounts.
• Coordinate with collection agencies or legal counsel for escalated collection efforts, including legal actions or debt recovery, when necessary.
• Identify potential credit risks and exposure by analysing customer payment histories, credit scores, and financial stability.
• Implement risk mitigation strategies, such as requiring collateral or personal guarantees, to safeguard against potential losses.
• Build and maintain positive relationships with customers, sales teams, and other stakeholders to foster collaboration and resolve credit-related issues effectively.
• Analyse credit data and trends to identify patterns, insights, and opportunities for process improvements in credit management and collections and present findings and recommendations to senior management.
• Implement internal controls and audit procedures to monitor compliance and address any issues or discrepancies promptly.
• Provide guidance and support to your teams on credit policies, customer credit status, and collection procedures to facilitate informed decision-making and customer interactions.

Please consider your application unsuccessful should you not receive a response within 2 weeks of applying.

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