Credit Control Manager at FrieslandCampina

About the job

• To manage and control the credit portfolio of the company, ensuring financial risk is minimized while supporting commercial growth. This role acts as a strategic partner to the business, providing financial insights and governance to drive sustainable performance.

What We Ask

• B.Sc/HND degree in any discipline with minimum of second class lower degree/upper credit
• Experience working as finance business partner preferably in an FMCG.
• Any professional accounting qualification is an added advantage/plus

Vacancy Description

Credit Portfolio Management

• Maintain and manage the customer credit portfolio and master data, ensuring all legal documentation is accurate and up to date.
• Evaluate credit eligibility of new and existing customers, providing detailed analysis and justification for credit approvals.
• Monitor Bank guarantees and other financial instruments to control customer credit risk.
• Review and adjust credit limits and payment terms in alignment with company policy and prevailing market conditions.
• Define KPI’s and implement adequate measurements Ensuring the execution and optimization of Credit policy within the Commercial business, in accordance with the corporate guidelines.

Financial Reporting and Month-End Closing

• Complete month-end closing procedures, including documentation reviews and reconciliations.
• Maintain monthly reporting systems for debtor age analysis and prepare customer statements of account.
• Reconcile trade disputes and collaborate with receivables teams to support business activities. Provide receivables and cash flow projections to aid strategic planning.

Performance Analysis and Forecasting

• Prepare credit performance reports and analyze historical data to forecast customer financial behavior. Deliver business intelligence insights to mitigate risks and identify growth opportunities.

Compliance and Governance

• Ensure compliance with IFRS/Company standards for ageing and bad debt provisions.
• Collaborate with legal teams on debt recovery initiatives and develop new control policies to enhance operational efficiency and governance.

Stakeholder Engagement

• Confirm and perform credit release with supply chain customer service.
• Manage customer dispute with the sales managers.
• Build and maintain strong relationships with banking partners and internal stakeholders.