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Credit Controller Job in Kenya

K-Unity is a well-established Sacco Licensed by SASRA as a deposit taking Sacco with operations throughout Kiambu County and a branch in Nakuru County.

We offer credit services and solutions to Agribusinesses, Organized Groups, SMEs, Individual Businesses and Employees both in Public and Private sector.
K-Unity is looking for a highly committed and motivated professional for the position of the Credit Controller

Job Summary: The Job holder will be responsible for reviewing non-performing assets book and developing appropriate strategies to ensure timely recovery of amounts due, with minimum loss exposure.

Periodically reviewing securities held against NPAs in order to identify possible gaps and institute measures necessary to rectify these, so as to safeguard the K-Unity interest.

Bringing overall Debt recovery knowledge and overall structuring of the department

Key Tasks and Responsibilities:
The Incumbent will report to the Chief Executive Officer and will be responsible for:
  • Meeting set Collections and Recoveries targets.
  • Providing appropriate inputs at Board and Management Committees’ level to ensure appropriate measures are taken to rectify any identified gaps in the lending process.
  • Based on overall assessment of the NPA book and debt recovery success rate, critically reviewing all non-performing facilities and development of appropriate strategies to ensure K-Unity recovers the amounts due in an efficient and cost effective manner.
  • On a case by case basis, assessing K-Unity positioning and its ability to recover the amounts due without forced realization of securities held as far as possible.This includes detailed negotiations with  the defaulting clients for facilities re-structure, where possible, in order to maintain customer goodwill.
  • Where realization of securities held is inevitable, ensuring the process is handled procedurally in order to avoid delay through intermittent ligation. Similarly ensuring the defaulting client’s rights are respected in order to avoid potential risk exposure to K-Unity through litigation or adverse publicity.
  • Undertaking periodic review of securities held against all non-performing facilities in order to ensure these are perfected and that no dilution happens during the debt recovery period.
  • Planning and closely coordinating the debt recovery process with various stakeholders, including Lawyers, Valuers and Auctioneers amongst others, in order to avoid undue delay and recovery costs escalation.
  • For cases in court, ensuring the relevant evidence in support of K-Unity case is properly documented and shared with the key stakeholders in good time, ahead of court appearances. Representing K-Unity as a witness as and when required.
  • Where K-Unity is represented in court by other witnesses, ensuring these witnesses are well prepared with factual information and absolute clarity on the background of each case.
  • Providing periodic reports to Management and respective Board Committee’s on the Recovery Status of each non-performing facility, with clear recommendations on the way forward or closure.
  • To ensure provisions held against bad & doubtful debts are adequate and ¡n compliance with the required guidelines.
  • To undertake other tasks as agreed with the Chief Executive.This is not a complete statement of all duties and responsibilities of this post. The jobholder may be required to carry out other duties as directed by the Chief Executive, the responsibility level of which should not exceed those outlined above.
Qualifications and Competencies
  • A Bachelors degree in Finance,Accounting, Banking or other related subject.
  • Professional qualifications in CPA will be an added advantage.
  • Masters in a business related field such as Strategic Management, Economics, Finance, and Operations etc will be an added advantage.
  • Holder of certificate in credit management will have an added advantage.
  • 6 years relevant working experience in debt recovery in a Bank or Financial Institution.
  • At least 4 years should be at managerial level.
  • Knowledge of debt recovery and realization process
  • Strong analytical skills.
  • Excellent negotiation skills.
  • Effective communicator - both verbally and in writing.
  • Strong interpersonal skills.
  • Focused and self-driven
  • Attentive to detail.
How to Apply

Interested candidates should send their applications and a detailed CV, stating their current salary and expected salary by post to:

The Chief Executive Officer,
P.O. Box 268-00900,

eMails can be send to

Applications should be received on or before 21 October 2014 at 5:00 PM.

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