Credit Control and Internal Control

29 Jan 2018
02 Feb 2018
Job role
Roles Definition:  Executor, executing according to group Credit Control policy and FD required.  Communicator, contacting with Sales, Customer, PM, Global team, Inter-co, also insurance agency, etc.  Analyst, per survey and report to analysis customer credit score.  Connector, building strong relationships with customers and business partners in an effort to insure all invoices are paid to the terms of contract.  To maintain financial control of the company as directed by group manual and control framework Requirements of the Role (Key Result Areas, Areas of Focus, Responsibility and Accountability) Estimate and applying for credit limits for new customer, annual review to assess customer performance, the aim is to assist our ultimate goals of harmonization, standardization, cash maximization and exceptional customer service. Debtor collection Reports for managing internally (week's debtor collected and overdue report, customer payment performance monthly for customer payment performance assessment. Weekly kick off meeting / or catch up call with Account and project manager to work out follow up actions etc.). Internal Control: • To conduct internal audits at least once a year directed by Group control Framework • To follow up actions allocated by FD regarding various internal reports which are key to business control • To provide general support in terms of documentations and detailed working schedules required by internal and external auditors • To ensure all procedures of Finance Management are documented and in place • To maintain financial control as directed by group manual, to ensure correct procedures are followed in respect of financial control Credit Control: • Applying for credit limits for new customer. Confirmed all new customers are reviewed for credit worthiness and only customers meeting credit worthy criteria are granted credit terms. • Debtor collection. Review all cash receipts are allocated on a daily basis with any issues/discrepancies identified • Internal debtor collection team work, Based on weekly prior week's debtor collected report and detailed comments and description on overdue accounts done by PM and A/R, reminder poor performers requesting for improvement • Annual (minimum) credit limit review produced. Updated credit agency reports / customer financials received and assessed for all 'active' customers. Others (Inter-co reconciliation, Insurance consultant....). Ensure adherence to Company policies and applicable governmental regulations. Competency and requirements -- Core • Accounting Certificate • Execute and support credit management • Excellent English verbal and written communication skills. • Knowledge of finance, ability of data analysis • Skills in MS Office software(Excel) and experience in ERP system such as SAP Competency and requirements - Desireable • Significant Credit Control experience and working in invoicing or AR related for at least 3 years, ideally with some legal knowledge a