Credit Control Manager

We're Hiring at Revlon

At Revlon, we're all about being bold and innovating the future of beauty. As we continue to drive the industry forward, we are looking for a Credit Control Manager who shares our passion for creativity, collaboration, and excellence.

This role offers an exciting opportunity to impact a global brand and work alongside a team of talented professionals who value diversity, inclusion, and bold ideas.

If you're ready for the opportunity to drive change and make an impact with a global leader in beauty, apply today

Qualification Required:

• Bachelor's degree in finance, Accounting, Credit Management, or a related field.
• A Postgraduate qualification (e.g., Diploma in Credit Management, Financial Management) will be advantageous.
• 5+ years of experience in credit control or revenue cycle management
• Experience in FMCG credit control environment.
• Proven experience in managing large debtor books and ensuring optimal cash flow.
• Strong track record of negotiating with customers and stakeholders.
• Leadership experience in managing and developing a high-performing credit control team

Job Description:

• Oversee and manage all credit control functions to ensure optimal cash collection.
• Develop and implement credit policies and procedures to ensure maximum performance of the department and company.
• Provide leadership and support to the Credit Control team, including recruitment, performance management, and development.
• Review and approve applications for new accounts ensuring that credit is only extended to creditworthy customers and that the payment terms and credit limits set are in accordance with Revlon policies and reasonable in relation to the customer's profile, thus reducing the risk of bad debts.
• Regularly review the status of existing customers assessing their current credit limit and risk profile.
• Ensure collections take place within trading terms to maximize the cash position of the company and maintain debtors' days within the specified target.
• Set credit collection targets for the department and strictly monitor performance against these targets monthly.
• Review basic orders on credit hold ensuring that orders are only released where necessary.
• Ensure that the credit master file and customer's files are kept up to date and in order.
• Review monthly exception reports generated iro credit limits exceeded, inactive customers, credit limits of 0/1, changes to the credit master file and ensure that action is taken where needed.
• Review settlement discounts granted ensuring they are in line with company policy.
• Review the age analysis monthly, identifying potential issues/problems and proactively ensuring that all problem debtors are dealt with timeously to minimize bad debt.
• Approve the write-off of any debts which cannot be recovered and request approval from the Financial Director in respect thereof.
• Prepare and submit a monthly ageing report to the Financial Manager for monthly reporting purposes and calculation of the provision for bad debts.
• Prepare and present Revlon's aging report to EXCO and EMEA monthly (local and Global).
• Submit monthly report for Collections and Journals processed to the Cost Accountant
• Submit a monthly DSO report to the Financial Accountant & Finance Director.
• Prepare and submit weekly cash flow forecast for Revlon every Monday.
• Maintaining good working relationships with other departments and customers.
• Supply updates on AR book for Revlon to the KAMS on a regular basis.
• Recording and balancing of cash and journals between Credit Controllers and EDP.
• Maintaining the RGA tracking report monthly.
• Provide Experian with a summary of all outstanding Debtors.
• Assisting the Financial Accountant with the SOX cycles.
• Perform month-end balancing and checks before Statements are being run and complete month end runs up to opening of new period for AR.

Skills:

• Skilled in MS-Excel. ERP system (AS400 added advantage), and Powerplay.
• Attention to detail to ensure the accuracy of the reporting function
• Strong interpersonal skills
• Strong financial acumen
• Ability to solve problems and make decisions
• Strong financial & analytical skills including budget management
• Ability to work across cultures, having strong cross-cultural awareness
• Excellent people management & coaching skills
• Good team player.
• Ability to challenge the status quo
• Strong negotiation skills.
• Self-motivated and the ability to work without supervision
• Ability to work under pressure
• Strong organization skills
• Experience in AS400 will be advantageous
• Attention to detail so as to ensure the accuracy of the reporting function
• Must have the ability to think innovatively, to plan and execute tasks efficiently and have excellent problem solving skills.
• Be able to think independently, resolve problems and make decisions.
• Ability to identify areas of weaknesses and implement the necessary controls so as to continually strive for improvement.
• Ability to think analytically, conceptually and systemically in order to resolve problems
• Strong analytical skills and ability to define problems, collect data, establish facts and draw valid conclusions.