Credit Control Officer at Uni-Medical Healthcare Ltd Nigeria

Job Description

• As a Credit Control Officeryour, responsibilities are to send out bills and invoices, follow up on overdue payments and ensure that a company's invoices and payments match up correctly by cross-checking the original document to Uni-Medical records.

Responsibilities
Debt Collection:

• Daily follow up on overdue invoices and ensure timely recovery of outstanding payments.
• Implement strategies for debt reduction and manage defaulting accounts.
• Maintain a detailed record of communication and actions taken for overdue accounts.

Credit Management:

• Evaluate and approve customer credit limits in line with company policies.
• Conduct thorough credit checks on potential and existing clients to assess creditworthiness.
• Monitor customers' financial health and recommend adjustments to credit limits as necessary.

Customer Relationship Management:

• Communicate effectively with customers to resolve payment delays or disputes.
• Build and maintain positive relationships with clients to ensure continued business.
• Prepare regular reports on accounts receivable, outstanding debts, and credit risk.

Receivables Management:

• Timely approved Sales Orders with due diligence and verifying timely payment of old dues, correct item prices, and correct selection of warehouse.
• Posting all customer collections from time to time online and real-time basis.
• Responding to CSR /Salesperson on time.
• Reconciling customer statements to track differences etc and communicating with the sales team and customer on a timely basis.
• Sales order approval/ invoice creation/payment postings and reconciliations after postings.
• Posting Internal Transfer – Warehouse to warehouse.
• Weekly Age wise salesperson reports to the sales team and conducts meetings on a priority basis.
• WHT postings and printing WHT certificate. If any customer does not deposit the WHT certificate in time, communicate with the customer with the help of the sales team.
• Participate in weekly meetings about the collection.
• Any other work assigned by HOD.
• Sending customers statement of accounting weekly basis.
• Major account reconciliation.
• Keeping Receivables in control.
• Devising customer credit limits and controlling limits accordingly.

ERP related activities:

• New ERP activities as per instruction from HOD.
• Customer account matching from Odoo to Tally.
• Parallel running of ERP activities related to receivables.

Key Competencies:

• Strong understanding of credit risk assessment and debt collection processes.
• Excellent communication and negotiation skills.
• High level of attention to detail and accuracy in financial analysis.
• Proficient in financial software and Microsoft Office Suite (especially Excel).
• Ability to work under pressure and meet tight deadlines.
• Strong problem-solving and decision-making abilities.

Qualifications

• B.Sc./HND in Accountancy, Finance Management, Financial Technology
• Professional Certification e.g., ICAN ACCA
• 2-5 years’ experience in a similar role

Skills, ability & knowledge:

• Reduction in overdue accounts as a percentage of total receivables.
• Achievement of targeted Days Sales Outstanding (DSO).
• Timeliness of credit approvals and customer onboarding.
• Accuracy of credit risk assessments.
• Client satisfaction with credit-related processes.