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
