About the Role
In this position, you will be instrumental in supporting the financial health of the organization by managing credit policies and ensuring timely collection of receivables. Working closely with the Regional Finance Controller, you will implement strategies that mitigate financial risks and promote operational efficiency. You will have an opportunity to lead a team and guide them in their professional development while ensuring adherence to internal and external regulations.
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Key Accountabilities & Responsibilities
- Work closely with the Regional Finance Controller to develop and implement credit policies and procedures that help mitigate financial risks to the business.
- Liaise with clients to ensure the timely collection of debts/receivables as per established KPIs/criteria.
- Accurately record and maintain credit facilities in the system to ensure effective monitoring and control.
- Prepare accounts receivables collection performance reports as per business requirements.
- Create profiles for new customers and ensure all customer registration requirements are completed in a timely manner.
- Prepare and monitor aging reports and take corrective action(s) as required.
- Review credit note-related transactions to ensure all credit notes are issued in accordance with company policies and procedures.
- Work closely with the sales team to recommend appropriate credit facilities to new/existing customers.
- Investigate and resolve issues related to payment delays or non-payment of invoices and provide regular updates to management/stakeholders as required.
- Oversee and contribute to the preparation of statements of account (SOA) and reports as per business requirements.
- Continuously review internal processes related to invoice issuance and make recommendations to enhance operational processes.
- Reconcile complex customer accounts with company records.
- Liaise with internal and external auditors as needed.
- Implement audit recommendations where necessary and review opportunities for operational improvement in coordination with the Regional Financial Controller.
- Ensure compliance with all relevant (internal and external) regulations including QHSSE requirements using company policies and procedures as appropriate.
- Coach, lead, and manage the performance of team members by helping them overcome professional challenges in order to accomplish their responsibilities in an accurate and efficient manner.
- Set and agree on individual goals for all direct reports and evaluate individual performance, providing regular feedback and coaching in line with the company’s people management practices.
