Credit Control Manager at Synlab

Details:

JOB OBJECTIVE:

To ensure effective and efficient management of all credit clients' account

To ensure revenues are received as and when due

JOB DESCRIPTION:

• To ensure that all financial matters are undertaken in accordance with Generally Accepted Accounting Principles (GAAP), the company’s accounting policies and all other applicable regulatory guidelines
• Submission and collection of due outstanding invoices /payments of debtors both corporate and individual within organization timelines and cash flow requirements
• Handle disputed bills/invoices and negotiate to bring payment within the agreed terms
• Effective coordination and management of credit control team to achieve weekly and monthly collection targets
• Monthly reconciliation of all customers’ accounts having excellent attention to detail for which to agree all receivables with every client.
• Send out monthly client statements as may be agreed from time to time with the Chief Finance Officer and clients.
• Close liaison with the marketing /sales department so that credit issues are resolved smoothly
• To familiarize self with all credit control, accounting, quality and other relevant company procedures ensuring that these are strictly adhered to and familiarization with relevant computer packages
• Drastic and continuous reduction obtaining customer’s credit references and checking of credit ratings with banks where necessary
• Setting up the terms and conditions of a loan and credit sales and obtaining approval from the Chief Finance officer in line with company’s policies.
• Posting and allocating daily receipts to respective customer’s ledger on SAGE Evolution accounting systems.
• Supervision and review of preparation of weekly and monthly receivables report monthly management reports and circulation to the Chief Finance Officer.
• Develop credit policies
• Weekly, monthly and yearly provision of credit control reports showing customer balances and debt age analysis by periods, locations and regions

JOB REQUIREMENT

• Minimum 5 years relevant experience
• Bachelor of Science degree in any Finance related course
• Experience in managing a team is required
• Previous experience of end to end credit control and account receivable processes.
• Previous experience dealing with legacy debt and reconciliation
• Strong written and verbal communication skills especially during difficult customer negotiations
• Ability to build relationships with multiple internal and external stakeholders
• Good negotiation skills
• Good analytical skills and attention to detail
• Excellent time management skills and ability to prioritize a demanding workload