Credit Officer
Location: Nairobi
Salary: 80-100K
Salary: 80-100K
Our client is a SME based in Nairobi
and in business of imports and distribution of pesticides to farmers and farms
in Kenya. They seek to hire an individual who will be responsible for support
in credit management, reviewing non-performing assets book and developing
appropriate strategies to ensure timely recovery of amounts due, with minimum
loss exposure.
Responsibilities
·
Contribute in design and
implementation of an elaborate company credit control policy.
·
Take part in the review of company
credit control procedure, develop and implement enhancements.
·
Set and monitor company credit limit
to ensure acceptable level of risk exposure.
·
Take part in design and implement an
appropriate means of collections with assistance of Credit Manager,
·
Field Sales Staff and ensure that
Direct Debit Payment System among clients is appropriately monitored and
documented.
·
Assist in generation of legal
documents for use in the credit function.
·
Initiate the vetting of new credit
clients and review existing credit clients.
·
Be the custodian of company debtors’
record for the overall debtors’ asset portfolio.
·
Maintain accurate and up to date
clients’ accounts records by setting up and maintaining client files.
·
Reconcile transactions and balances
regularly to maintain debtors’ accurate accounts.
·
Obtain and maintain sufficient
information to assess the credit worthiness of new and existing clients.
·
Ensure that payments are correctly
allocated, to the appropriate account and against the appropriate invoice(s).
·
Maintain regular clients and Field
Sales Staff contact to ensure timely collection of due debts.
·
Prepare monthly collection target for
Company clients and Field Sales Staff and ensure that targets are achieved at
all times.
·
Handle any disputed accounts to
ensure that payments are in line with company credit policy.
·
Trace down missing debtors.
·
Analyze the company debt portfolio on
monthly basis to establish high risk accounts for reporting and recommend for
resolution.
·
Undertake complex reconciliations and
compilation of necessary support documents for bad debts.
·
Initiate and enforce ‘Stop Supply
Orders’ to overdue accounts.
·
Negotiate payment schedule with bad
debtors, clients in financial difficulties or arrange for goods possession or
re-possession to cover for the outstanding debt.
·
Identify bad debt accounts requiring
assistance of collection agency or legal action and co-ordinate collections
with the third party contractors.
Qualifications
·
A Degree in Business Administration
or Finance or its equivalent
·
CPAK, ACCA or its equivalent
·
Ladies are encouraged to apply
·
Conversant with Tally and other
computer accounting packages
·
On job training in Debt management in
related field would be an added advantage.
·
Good interpersonal skills with
ability to build personal relationships with clients
·
Good intercultural orientation and
strong public relations skills
·
Ability to work with minimal
supervision
·
Ability to visit clients all over the
country once in a while
·
Strong communication, negotiation,
and analytical/problem solving skills
·
Computer skills
·
Fluent in English
How to Apply
Apply
here before Wednesday 22rd November 2017.