Debt Recovery Manager

4 days ago


Sandton, South Africa Armstrong Appointments Full time
Job Title: Debt Recovery Manager

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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