Group Credit Manager

2 days ago


Bellville, South Africa Hr Legend Full time

**Purpose**:
The Credit Risk Manager will be responsible for managing and mitigating credit risk within a group of companies. The role will involve developing and implementing policies and procedures to identify, assess, and manage credit risk, ensuring that all credit risks are adequately measured, monitored, and reported whilst ensuring maximum customer retention. The Credit Risk Manager will work with various departments within the organization to ensure compliance with regulatory and legal requirements related to credit risk management.

The credit risk manager needs to understand the sensitive relationship with customers and need to find ways to manage the credit risk whilst ensuring customer retention. Then they also needs to be able to implement these solutions with the internal departments within the group and manage the delivery of these solutions on a daily basis

**Qualification & Experience required**:

- B.Com degree or equivalent
- 5 Years experience managing a company''''''''s credit risk - preferably in an environment with exposure to foreign customers as well
- Previous experience in the shipping industry will be highly advantageous

**Duties**:

- Ensuring all customer credit information is on file
- Approving of credit note
- Managing of Cost Controllers and Debtors clerks
- Ensuring the invoices are raised timeously
- Engage with all relevant internal departments and ensure that all queries relation to the finalising any invoices are resolved within agreed timeframes
- Engaging with customers where required to ensure that their accounts are kept within approved limits
- Engage with all companies within the group to ensure that all queries relating in any payment delays is addressed as quickly as possible
- Assisting with the adherence and improvement of the company''''''''s credit risk management policies
- Identifying possible revenue collection control weaknesses and making suggestions for improvements
- Daily reporting of cash collections for cashflow planning
- Reporting of customer credit limits and payment terms
- Contacting identified customers to negotiate alternative settlement plans and then manage the implementation of those plans thought the group
- Engaging the insurers and or debt collectors where necessary
- Proactively review customer account to identify possible bad debt risks
- Submitting six monthly staff performance appraisals
- Assist CFO to develop and implement policies and procedures to manage credit risk
- Development and implementation of appropriate credit risk management tools

**Skills**
- Proven track record of managing a performing team
- Ability to evaluate customer credit reports
- Ability to implement and design credit risk management procedures
- Full understanding of the debt collection process
- Full understanding of all applicable laws related to risk management and customer information such as POPIA, Consumer Protection Act
- Prior experience with Microsoft Navision would be advantageous
- Strong analytical skills essential
- Ability to influence others
- Strong negotiation skills
- Effective communication skills
- Ability to manage sensitive task over various departments and ensure completion and adherence to them
- Good collaborative skills for working with the customers
- The skill to operate in a complex environment with various companies


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