Credit Controller Job in Kenya

JOB VACANCY: CREDIT CONTROLLER

REPORTS TO: HEAD OF FINANCE

JOB SUMMARY: We seek to hire an experienced Credit Controller who will be tasked with accountability for the entire credit management process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing Sales and minimizing bad debt losses.

He/she will be required to support the Sales team in meeting their collections targets and preparing weekly reports highlighting any potential credit risks.

DUTIES & RESPONSIBILITIES:

  • Reconcile debtors sub-ledger to General ledger
  • Maintain weekly collections as per agreed forecasts
  • Identify changes in payment patterns and propose action to avert indebtedness
  • Share monthly sales/tonnage analysis reports
  • Maintain an updated collection report
  • Research disputes and resolve queries within specified timeframes, manage disputes related to Collections
  • Daily posting and allocation of receipts
  • Provide information for recommending bad debts provision in line with credit policy
  • Ensure all Client reconciliation issues are raised with respective departments and sorted and/or escalated to the Finance Director
  • Follow up Withholding VAT not remitted by customers
  • Ensure Withholding VAT certificates are correctly posted in debtors ledger
  • Collect all outstanding debt from customers within the credit control policy and as per set targets.
  • Ensure correct weekly debtors reports circulation for debtors meeting and cash inflow forecasts
  • Ensure monthly debtors’ statements generation and emailing.
  • Ensure credit accounts are created in the system with all requisite KYC information.
  • Co-ordinate monthly collection meetings.
  • Present analysis to support credit application for accounts with exceeded credit limit or terms.
  • Secretary to the credit committee ensuring timely provision of information and follow up on corrective action.
  • Supervise debt collection through third party
  • Monitor the actual and projected exposure against credit limit.
  • Circulate debtor statements to clients as per set timelines.
  • Ensure credit policy relevancy, compliancy, and adherence (Held, Suspended Accounts)

SKILLS & QUALIFICATIONS;

  • Bachelor’s degree in Accounting, Finance or Business Administration.
  • At least CPA part 2 qualification.
  • 5 years’ experience in a busy credit control department
  • Proficient in spreadsheets, databases, MS Office and financial software applications
  • Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
  • Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
  • Strong analytical and organizational abilities with great attention to detail
  • Ability to work alone with minimum supervision.
  • High level of integrity, resilient and energetic individual

HOW TO APPLY

If you are up to the challenge, possess the necessary qualification and experience; please send your CV only quoting the job title on the email subject (Credit Controller) to hr@eapi.co.ke on or before Friday 19th February 2021.


Accounting and Finance, Business Administration
Updated: February 12, 2021 — 8:35 am