Cheryl Padayache

I am an established Credit Management and Controller qualified with a Degree in Business Administration and extensive experience within the shipping, Logistics and Petrochemical industries. I believe my exceptional track record successfully managed books of up to 500 Million ZAR and ability to manage high value and volume accounts and comfortably acting as a representative for business on integral matters would be a great benefit to your organisation.
 I am also a strong leader, result driven individual who has trained and mentored staff to meet business targets.
I have dealt with big clients as Eskom and Transnet. In addition I manage and implement all payments and represent the business on all financial Legal Matters pertaining deliquent clients. My achievements include successfully training and mentoring junior staff and increasing cash flow by effectively ensuring all client payments are received timeously.
I aim to maximise my expertise by utilising my experience and education to add value to any company.

 

• Lead Credit Controller managing Book value of 500 million ZAR including clients such as Eskom 75 million ZAR and Transnet 75 million ZAR. 
• Managed and train Debtors Controller and Debtors Intern. 
• Manage successful credit applications that meet business requirements, approved by CFO and CEO.
• Coordinate credit vetting process using TransUnion reports verifying credit record. Manage profile investigation and obtain Bank codes for new customers. 
• Open new accounts with relevant documents including supply agreement, credit application, certified copies of ID’s, approved rebates and profitability analysis. 
• Ensure optimal use of securities, including bank guarantees and properties, to secure debt of clients with a higher credit limit.
• Manage various accounts with terms of 48 hours, 15 and 30 days and daily receipting and allocation of cash and credit payments. 
• Resolve client pricing and volume queries by obtaining proof of delivery which clearly indicates the litres and the dates that the product is collected or delivered.
• Debtor financing and interim offers applied for daily and weekly from the bank to allow for the sale of invoices.
• Prepare monthly and weekly cash flow reports, credit meeting reports and group credit reports for the Board meetings for Zimbabwe, CPT, JNB, ELN and Randfontein. 
• Coordinate documents for internal and annual audit. 
• Conduct weekly forecasting to ensure clients credit limits are not exceeded. Proactively inform clients of their credit status, ensuring accounts are paid and order flow is guaranteed. 
• Attend weekly group credit meetings held with CFO and credit controllers to discuss and resolve all credit issues as a team. 
• Attend weekly invoicing meetings to provide input on important issues. 
• Attend client visits with sales representatives to address concerns and solutions.
• Attend Strategy sessions. 
• Attend to Legal matters including preparation of letters of demand, hand over to attorneys to prepare a legal case or issue summons to delinquent customers. 
• Prepare documentation including the invoices with the proof of deliveries, statements and reconciliation together with any other request from the attorneys. 
• Attend preparation meetings and court cases in Gauteng, Pretoria and Bloemfontein to testify in court.