Credit Controller

3 weeks ago


Lagos, Lagos, Nigeria Alfred & Victoria Associates Full time

Role Objective

  • Responsible for ensuring customer and withholding tax receivable balances are quickly and completely collected to avoid money loss and improve cash inflows.
  • Responsible for developing and continuously improving credit policy and its application, as well as provide adequate support for team members.

Essential Duties

  • Check customer's credit situation
  • Recommend whether to offer or decline credit requests- he can recommend but not decide?
  • Deal with internal and external queries about payments, ensuring customers pay on time and
  • negotiate re-payment plans
  • Ensure that debts are paid in a timely manner
  • Meet cash & debtor targets set by the firm
  • Chase overdue invoices by telephone, email & letter within agreed timelines
  • Maintain accurate records of the credit control portfolio
  • Regularly contact customers to ensure all relevant debts are effectively managed
  • Identify changes in payment patterns and propose action to avert indebtedness
  • Ensure that all transactions are compliant with Company's policies and relevant National regulations
  • Handle disputed bills and negotiate to bring payment within the agreed terms
  • Plan and coordinate monthly debt review meetings
  • Follow up with legal on debt cases
  • Ensure WHT receivables are effectively pursued for recovery
  • Provide accurate advice on billing queries
  • Propose write-off of irrecoverable receivables
  • Provide ad-hoc reporting as and when requested by management
  • Undertake account reconciliations of complex accounts escalated by AR/as required
  • Ensure monthly reporting deadlines are met as required
  • Send out monthly client statements/letters as agreed from time to time.

Requirements

  • Minimum of HND / BSc or equivalent in Accounting, Business or Finance related courses
  • Membership of relevant professional bodies preferably ICAN, ACCA, NICA and any other credit control certification will be an added advantage
  • Minimum of 7 years relevant work experience
  • Growing through the rank of account positions
  • Self-motivated, self-confident individual who is comfortable operating with minimal direction and thrives in a dynamic environment

Key Skills & Competencies:

  • Financial reporting knowledge
  • Applies accounting principles and concepts in recording and analysing business and financial transactions in accordance with professional and regulatory/ statutory requirements
  • Understands internal financial procedures and applies understanding of internal information systems to improve work productivity
  • General knowledge of the uses and applications of MS Office suite Word, Excel, PowerPoint etc.
  • Excellent negotiation skills
  • Excellent written and verbal communication skills
  • Strong analytical skills and good attention to detail
  • Good problem-solving skill
  • Competency with ERP systems
  • Good supervisory skills.

Value & Attitudes:

  • Entrepreneurship
  • Agility
  • Performance
  • Speaking honestly
  • Be optimistic and bold
  • Overcome stress
  • Take medium & long-term goals on board
  • Be a decision maker
  • Succeed with the team
  • Be a role model and respectful.

Working Conditions

  • Normal for an office environment
  • Requires working with computers
  • Frequent visit to client offices.


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