FMCG (Manufacturing) - Credit Control Manager at BUA Foods

Objective

To manage and control the company’s credit and collections processes, ensuring timely collection of receivables, minimization of bad debts, with strong alignment between sales growth and cash flow objectives.

Duties & Responsibilities

• Develop and implement credit control policies, procedures, and strategies across divisions.
• Monitor accounts receivable, ensuring timely follow-up on outstanding debts.
• Review and approve customer credit limits in collaboration with sales and finance.
• Prepare periodic credit risk reports for management and board review.
• Liaise with sales and legal teams to resolve disputes and enforce credit agreements.
• Lead collection drives and implement action plans to reduce debtor days.
• Ensure compliance with company policy, IFRS standards, and statutory regulations.
• Supervise and mentor credit control staff.

Qualification / Experience

• Bachelor’s degree in accounting, finance, or related field.
• Professional qualifications ICAN/ACCA qualification preferred
• Minimum of 8–10 years’ post qualification relevant experience in credit controls, and receivables management, preferably in FMCG.
• Proven track record of improving collections.

Skills

• Strong knowledge of credit risk assessment and financial analysis.
• Excellent leadership and team management and problem-solving skills.
• High attention to detail, accuracy, and integrity.
• Strong negotiation and stakeholder management abilities; effective communication
• Proficiency in MS Excel, ERP systems (SAP/MS 365).

A vacancy exists for the following underlisted position at BUA FOODS in LAGOS.