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    • Credit Manager - Midrand, South Africa - Network Recruitment

    Network Recruitment
    Network Recruitment Midrand, South Africa

    2 months ago

    Network Recruitment background
    Description
    Duties:
    • Develop and implement credit policies and procedures.
    • Ensure that credit policies are following legal and regulatory requirements.
    • Assess the creditworthiness of potential customers through financial analysis.
    • Review and approve credit limits for new and existing customers.
    • Monitor and review credit limits regularly.
    • Oversee the credit control team to ensure timely collection of outstanding debts.
    • Implement strategies to minimize bad debts and reduce days sales outstanding (DSO).
    • Manage and resolve disputes related to unpaid invoices.
    • Prepare regular reports on credit status, overdue accounts, and bad debt provisions.
    • Analyse credit data and financial statements to identify trends and patterns.
    • Present findings and recommendations to senior management.
    • Ensure all credit activities comply with internal policies and external regulations.
    • Stay up to date with changes in credit management best practices and legal requirements.

    Job Experience & Skills Required:
    • Bachelors degree in finance, accounting, business administration, or a related field.
    • Professional certification in credit management (e.g., CICM, NACM) is preferred.
    • Proficiency in accounting software (e.g., Business Central, Accpac, Great Plains and Power BI).
    • 2- 3 years experience as a Credit Manager or in a similar role.
    • Strong understanding of credit risk assessment and management.