Credit Management Specialist
3 weeks ago
We are seeking an experienced Credit Management Specialist to join our team at Armstrong Appointments in Sandton.
The estimated annual salary for this role is between R850,000 and R1,200,000.
Job Description:- Support commercial teams with quote-to-cash processes, focusing on payment terms, credit risk assessments, and commercial payment terms.
- Open new customer accounts, manage credit terms and limits, and resolve customer queries efficiently.
- Daily review of banking reports to ensure accurate financial management.
- Monthly reporting of credit exposure and informing management of key findings.
- Liaise with branch and regional managers to address overdue customer amounts.
- Maintain a strong understanding of VAT laws and regulations.
- Manage bad debt reporting in accordance with group policies.
- 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.
- Develop and maintain credit management policies and procedures, ensuring compliance with industry standards.
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