Key responsibilities:
- Assist in setting up the credit control systems
- Oversight of the credit control daily and ensure the monthly collection targets are met.
- Ensure that debts are paid in a timely manner
- Meet cash & debtor day targets set by the company
- Chase overdue invoices by telephone, email & letter within agreed timescales
- Maintain accurate records of all chasing activity
- Regular meetings with relevant stakeholders to ensure all relevant debts are managed as necessary
- Identify changes in payment patterns and proactively propose action to avert indebtedness
- Ensure that all transactions are compliant with set regulations
- Handle disputed bills and negotiate to bring payment within the agreed terms
- Provide accurate advice on billing queries
- Respond promptly and completely to both client and internal enquiries
- Propose write off of irrecoverable WIP and disbursements
- Providing ad-hoc reporting as and when requested
- Post payments to accounts and allocate as required
- Undertake account reconciliations as required
- Ensure monthly processing deadlines are met as required
- Send out monthly client statements/letters as may be agreed from time to time
- Develop the credit management capability within the practice
- Other duties as delegated from time to time by the line manager or any other person designated in their absence
- Keep the partnership up to date with new credit management techniques and practices
Requirements
Qualifications required:
- Minimum academic qualification: Bachelor’s Degree in Commerce, Finance, Accounting or any relevant field
- Qualifications as an added advantage: CPA K
- Professional registration:
Experience required:
- General work experience (years): 5 years
- Specific to the position (level/discipline/years): 3 years
- Industry:
Key competencies and skills:
- Analytical skills
- Persuasive
- Communication Skills
- Planning & organising skills
- Conflict resolution skills
- Effective communication skills
Language requirements:
- English
- Kiswahili
Computer literacy:
- Microsoft Office packages
- ERP systems
Personality profile:
- Positive
- Employee-centric
- Fast-paced and prompt
- Achievement oriented
- Energetic and Enthusiastic
- Self-motivated
- Focused
- High level of integrity
Additional/specific work requirements:
- Good understanding of Letter of Credit
- Good understanding of Bank Guarantees / Personal Guarantees
- Ability to analyse financial statements