Debt Recovery Manager
4 days ago
Armstrong Appointments is seeking an experienced Debt Recovery Manager to join our team in Sandton.
The estimated annual salary for this role is between R950,000 and R1,400,000.
Responsibilities:- Support commercial teams with quote-to-cash processes, focusing on payment terms, credit risk assessments, and commercial payment terms.
- Manage credit terms, limits, and open new customer accounts to drive business growth and improve cash flow.
- Resolve customer queries efficiently and provide excellent customer service.
- Review banking reports daily to identify potential financial risks and opportunities.
- Report credit exposure and inform management of key findings on a monthly basis.
- Liaise with branch and regional managers to address overdue customer amounts and improve cash flow.
- Maintain a strong understanding of VAT laws and regulations to ensure compliance.
- Manage bad debt reporting in accordance with group policies and procedures.
- Lead the credit control team, setting targets for collecting current and overdue customer invoices.
- Collaborate with legal teams on contracts, credit agreements, and debt collection resolution.
- Liaise with customers and credit bureaus to maintain effective credit management.
- Conduct monthly age analysis reporting with actionable recommendations.
- Foster regular collection meetings with branch managers and credit controllers.
- Oversee credit risk management and credit exposure.
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