Credit Control Officer at GIG Logistics

ROLE DESCRIPTION

The Credit Control Officer role manages a company\'s funds owed by clients, from monitoring to recovery.

JOB DESCRIPTION

• Evaluate and assess the credit worthiness of new and existing clients, based on financial analysis and history.
• Monitor outstanding invoices and proactively reach out to clients for overdue payments for debt recovery.
• Maintain detailed records of client accounts, including payment history, terms, and outstanding balances.
• Prepare periodic reports on accounts receivable, overdue accounts, and potential bad debts, highlighting any trends or issues for legal actions when necessary
• Establish credit limits and terms for new clients in partnership with the finance and legal departments, periodically reviewing to adapt to changing circumstances.
• Coordinate with the sales teams to align credit policies with customer engagement strategies.
• Conduct periodic credit policy audits to ensure adherence and effectiveness.
• Work with clients to address billing inquiries, discrepancies, or disputes in a timely manner.
• Collaborate with other departments, including finance, sales, and operations, to ensure a seamless billing and collection process.
• Identify potential risks in the credit portfolio and implement strategies to mitigate them.
• Regularly review industry and economic trends that may impact clients\' payment behaviors.

JOB REQUIREMENTS

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• 2-4 years of experience in credit control, preferably within the logistics or supply chain industry.
• Ability to maintain a high level of professionalism and confidentiality.
• Good communication skills