Credit Controller Job in Kenya

Job Title: Credit Controller
Hiring Organization: Equity Bank
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Banking
Job Type: Full Time
Salary: KES Competitive
Date Posted: 03/12/2024


Since inception in 2015, Equity Afia has established over 100 primary healthcare centres located in 39 counties across Kenya under the umbrella of the Equity Group Foundation. Its vision is to champion affordable and accessible healthcare in Africa and its mission is to provide access to inclusive quality healthcare and health financing to enable people lead productive lives. Equity Afia operates through a Franchise model and the current clinics are owned and managed by doctors.

Purpose Of The Position

The purpose of this position is to lead in proactive collection of the company’s accounts receivables in accordance with the set targets.

Key Roles Responsibilities

  • Learn, understand and internalize the business’s annual cash flow needs from the annual budgets.
  • Develop and document Account Receivable management strategies, processes and procedures that are fit for purpose and aligned to the Equity Afia business strategic objectives.
  • Maintain an accurate record of Account Receivable -Ageing and provide timely (daily, weekly, monthly, quarterly) analysis reports, identifying potential risks and risk mitigation actions in order to ensure that the Account Receivables is always aligned to the company’s contractual commitments.
  • Ensure accurate and timely reconciliation and issuance of statements of accounts.
  • Ensure accurate and timely submission of invoices to customers.
  • Ensure 95% Account Receivables collection before or on the due dates and according to the associated collection targets.
  • Manage bad debt, write offs and set up payments plans.
  • Negotiate with Customers and ensure adherence to agreed upon payment plans.
  • Work collaboratively with business development and Customer success teams to create deep customer relationships that facilitate timely payments and overall, a harmonious working relationship with Equity Afia clients.

Qualifications and Skills

  • Be a holder of a business-related Bachelor’s Degree in Commerce, Accounting, Finance or any other related field gained from a recognized institution.
  • Possess relevant professional qualification(s) such as CPA or ACCA, or CCP
  • Be a member in good standing of a recognized relevant professional body e.g. ICPAK, ACCA, ICM
  • Have knowledge and relevant work experience of not less than five (5) years in managing credit and accounts receivables.
  • Strong knowledge of credit control principles, practices and regulations in Kenya.
  • Excellent analytical skills with the ability to evaluate financial information, perform risk assessments and make informed credit decisions.
  • Experience with ERP systems
  • Possess strong organizational, communication, negotiation and stakeholder management skills

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