Credit Control Assistant Manager

at  Savola

• Supervision of Subordinates: Organize and supervise the activities and work of a small team of subordinates to ensure that all work within a specific area of Credit Control Activity is carried out in an efficient and procedurally compliant manner.
• Budgets and Plans: Contribute to the preparation of the AR section budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified.
• Policies, Systems, Processes, & Procedures: Implement approved departmental policies, processes, procedures and instructions to subordinates and monitor their adherence so that work is carried out in a controlled manner
• Day- to-day Operations: Supervises the day-to-day operations of AR team to ensure that work processes are implemented as designed and comply with established policies, processes and procedures.
• Managing a team of Receivable Account officers
• Formulation of the company’s credit policy to mitigate unnecessary risk.
• Reviewing credit applications and credit references to set credit limits and ensure creditworthiness.
• Preparing journal entries, and credit notes and assisting with month end
• Review and report on Aged Debtors
• Regularly meet and negotiate terms with third-party debt collection agencies.
• Manage write-offs, bad debt provisions and setting up of payment plans.
• Preparation of statement of claims for liquidators
• Assisting the broader accounts team
• Regularly reviewing the process and procedures to reduce debtor days.
• Continuous Improvement: Contribute to the identification of opportunities for continuous improvement of systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
• Reporting: Prepare reports timely and accurately to meet Savola and AR department requirements, policies and standards.
• Health, Safety, & Environment: Monitor the adherence to all relevant safety and environmental management procedures and controls to guarantee employee safety, legislative compliance, delivery of high-quality products/service and a responsible environmental attitude.
• Related Assignments: Perform other related duties or assignments as directed.

Please refer the Job description for details