Head Of Credit Control And Account Receivable Department
CurrentHolds the responsibility of credit control management whilst rendering business support and ensure dealing on credit is restricted with credit worthy customers.•Manage the database of customers’ credit files, ensure up to date documentation of customer licenses, owners’ details, bank reference letters .•Assist the sales force in customer’s fulfillment of the company’s credit terms. •Maintain customer receivables and set collection targets, monitoring/controlling payment behavior by controlling credit limit, credit term. •Ensure collection routines, send dunning, reminder letters to default customers •Evaluate credit recommendation for the prospective new customers with financial information and based on the input from Bus. Development manager.•Arrange credit meeting with sales dept. for evaluation/review of customer status, find out solutions for customer who has payment problem and take appropriate action.•Credit hold default customers and facilitate negotiation and find alternative solution to ensure timely collection.•Follow up all customers who have payment problem and legal issues.•Negotiation with customers in getting the receivables secured by way of bank guarantees, letter of credits etc.•Co-ordinate legal cases with lawyers or other authorities depending on nature of the case.•Support Management with adequate reports on credit and collection, payment problem accounts and legal issues.•Ensure an efiiecient overall account receivable processMain Achievement:• Publishing new credit policy for the company.• Improving the credit control Implementation.• Improving the overall collection and cash cycle.• Improving the overall output data and reporting system.• Publishing new standard procedure manual for the department.
