Our client in the FMCG industry seeks
to hire a highly competent and self-driven Credit and Collections Accountant.
The credit and collection accountant will be tasked with applying principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.
The credit and collection accountant will be tasked with applying principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.
Division: Finance / Accounts
Reporting To: Head of Finance
Salary: 70k
Location: Nairobi
Roles and Responsibilities
·
Involved in developing the company
credit policy in liaison with sales, financial and procurement management
·
Handle major accounts, visit
customers to audit the debtors
·
Handle disputed accounts and
negotiate to bring payments into line with terms
·
Undertake complex reconciliations and
compile documentation for legal action
·
Obtain sufficient information to
assess the credit worthiness of new and existing customers
·
Improve departmental processes and
procedures e.g. invoicing, follow up. Query management
·
Negotiate with clients e.g. credit
information, credit insurance and debt collection agencies
·
Categorize customers by investment
level risk, and reviews this as appropriate(trade credit)
·
Liaise with the finance director to
stop any supply of goods to overdue accounts, can instigate legal proceedings
·
Protect the company’s interests at
creditors meetings relating to insolvent customers
·
Involved in internal and external
audit exercise to provide information
·
Any other duty assigned by the
management
Key Performance Indicators – KPIs
·
Active and timely Follow up on
collections with Sales team, Key accounts and directly from clients
·
Management of Debt to sales ratio at
25% for Kenya for all On-trade and Off-trade business categories
·
Reconciled Debtors statement by 2nd
day of the following month ensuring collections are done when due
·
Credit control management by ensuring
that you maintain correct information for the customers – maintain duly signed
credit facility agreement forms, Bank Guarantees etc.
·
Reports production – Accounts
Receivables – Outstanding and collection reports as of 2nd day of the following
month
·
Authorizing/ Approving loadings to
Sales team on Approved Outstanding debt status
·
Maintain a customer data base &
Updating clients contracts Monthly
·
Monthly circulation of debtors
statements & Quarterly debtors circularization for debt confirmation
·
Daily confirmation of PODs and Filing
of all documents relating to Credit sales
·
Accurate Reports
Skills and Qualifications
·
University Degree Bcom
(Finance/Accounting)
·
CPAK
·
At least 3 years’ experience in a
similar position and preferably in a FMCG
·
Personal Credibility, Honest, Trustworthy
& High Integrity
·
Strong personality, excellent oral
and written communication skills.
·
Analytical and problem solving skills
·
Effective verbal and listening skills
·
Very effective organizational skills
·
Strong business ethics
·
Result-Oriented
·
Attention to Detail
·
Strategic focus
Applicants who meet the requirements
stated above should send their detailed CVs with a day – time Telephone number
to the email address: jobs@hcsafrica.com with Credit and Collection Accountant
on the Subject line.
Candidates MUST indicate their
Current & Expected salaries