Credit Control Officer

Credit Control Officer

A Credit Control Officer is responsible for managing customer credit, ensuring timely payments, and minimizing bad debt. This role involves evaluating creditworthiness, implementing credit policies, and maintaining accurate records.

Responsibilities

• Develop and implement credit policies and guidelines to ensure sound credit control practices and compliance with industry standards.
• Evaluate the creditworthiness of customers, clients, and partners, making recommendations for credit limits and terms.
• Monitor and manage outstanding debts and overdue accounts, including establishing and maintaining contact with debtors to facilitate timely payment.
• Develop and implement collection strategies to recover outstanding debts and minimize bad debts, including negotiation and settlement arrangements.
• Generate reports on the credit and collection status, providing insights and recommendations for improvement. Ensure that all relevant documentation is maintained.
• Ensure that credit control processes are in compliance with applicable laws and regulations.

Requirements

• B.Sc./HND in Marketing, Sales or other relevant discipline.
• MSc/MBA or relevant Professional certification such as ACA, CFA is an added advantage.
• Minimum of four years’ relevant experience preferably in the FMCG industry.
• Credit policy development and credit control and management.

How to Apply Send CV to: factbasejobs@gmail.com