Credit Officer at Nextzon Business Services Limited

Purpose

• Management of the credit risk associated with the portfolio and ensuring high quality of the portfolio

Key Roles and Responsibilities

• Monitoring of outstanding sales invoices, debts collection and scheduling meeting with customers towards resolving all disputed payment
• Analyse and evaluate distributor credit applications in line with company’s credit management policy
• Review and monitoring of customers’ credit limit
• Preparation of Weekly and Monthly debtors’ report and collections to Management
• Responsible for reconciliation of disputed account and negotiates to bring payment into line with terms
• Preparation of Dealers rebate and debtors provisions schedule to Financial Accountant
• Respond to all queries on payment by customer and proper treatment of WHT credit notes
• Maintenance of GL to ensure data integrity
• Monthly preparation of Prepayments schedules and posting of month end journals
• Participate in the annual and statutory physical stock taking exercise
• Assisting in the preparation and coordination of schedules to the Statutory Financial report
• Preparation of periodic and on-demand account reconciliation with key customers
• Carry-out APV/Pricing
• Continually review the existing SOPs and ensure update where necessary to meet current business environment and group standard requirement
• Create more awareness for staff on SOPs, and ensure adherence to policies
• Deploy Demand to Cash Policy aiming at reinforcing the internal control in the sales activities

Required Skills and Competencies

• Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation
• Good corporate and merchant credit and exposure analysis skills
• Strong process and project management skills
• Ability to read and interpret credit bureaus reports, analyze trade experience, and utilize external financial resources to underwrite credit requests
• Appreciation of finance & investment management principles
• Ability to use several accounting packages (Sage, QuickBooks, etc.)
• Knowledge of Microsoft excel, word processing, and other database applications
• Oral & Written Communication skills
• Relationship Management
• Possession of human skill (ability to interact effectively with people - both staff and clients alike)
• Ability to develop, build and maintain relationships with customers
• Expert knowledge of credit structuring, cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis and credit arrangements
• Advanced knowledge of financial modelling techniques and preparation of pro-forma financial statements
• Excellent presentation, oral and written communication skills

Qualifications and Experience

• Minimum of 5 years credit control experience in the FMCG or financial industry
• Age 30 years and below
• A good University degree or HND in Accounting or related field
• A recognised professional accounting certification (i.e. ACA, ACCA or equivalent)
• A post graduate degree or any other qualification/certification will be an added advantage