Starke Ayres: National Credit Manager at Plennegy Group

RESPONSIBLITIES:

Credit Risk Management

• Control the opening of all new accounts.
• Establish the credit rating/worthiness of new account applications.
• Impose limitations on credit facilities where required.
• Motivate granting of extended credit facilities where requested to the Financial Director.
• Monitor the status of all accounts on an ongoing basis.
• Adhere to company policies and procedures.

Credit Control Operations

• Authorise credit controllers’ journal entries.
• Monitor reconciliations, including COD accounts, on a regular basis.
• Implement supply restrictions where accounts persist in being overdue for payment.
• Visit key/problem accounts to address issues and resolve outstanding debts.
• Address outstanding accounts with customers and solicit assistance from regions in collecting outstanding debts.
• Visit clients with Reps and managers

Collections & Legal

• Hand over outstanding accounts for collection where required and handle all legal matters and correspondence involved.
• Handle all legal matters and correspondence relating to liquidations and other bad debts.
• Make every effort to prevent any outstanding account from becoming a bad debt.
• Determine a bad debt provision for the financial year and submit a bad debt write-off list for year-end to the Financial Director.

Cash Flow & Reporting

• Produce a monthly cash flow forecast
• Generate due date monthly target goals for debt collection.
• Weekly report on target achieved to credit controllers
• Weekly report on COD to depots and monitoring of any irregularity in policy
• Monthly reporting on local and international results and ageing
• Daily monitoring of collections and bank allocations
• Monitor bank statements
• Release forex funds and request authorisation on next mandate level.

People Management & Leadership

• Appoint credit controllers and other staff within the debtors department.
• Determine the training needs of personnel within the department and implement suitable and approved training programmes.
• Evaluate the performance of departmental personnel on a regular basis.
• Motivate and support debtors personnel, always ensuring high morale and productivity.

REQUIREMENTS:

Education

• Credit Management Diploma (essential)
• B.Com Accounting (preferential)

Experience:

• 5 years as a credit controller
• 3 years as a senior credit controller
• Strong analytical, processes and procedures skills
• FMCGX/Retail experience advantageous (or systems experience)
• Time management and deadline driven