Credit Accountant (Credit Controller) -Commercial Company

Credit Accountant (Credit Controller) takes responsibility for the assessment of new business proposal

• Minimum Qualification: Bachelor
• Experience Level: Mid level
• Experience Length: 5 years

Job Description

Position: Credit Accountant (Credit Controller) -Commercial Company

Employer: A Leading Manufacturing and Distribution Company

Ref No: SGK-CA(CC)-05-2019

Industry: Commercial Sector

Job Category: Middle Management

Town: Nairobi

Country: Kenya

Qualifications/Requirements:

• Full CPA (K)/ ACCA or equivalent qualifications and a university degree in Accounting/Finance/ Business or a related field.
• Strong business acumen/awareness and people management skills.
• Advanced Computer skills with excellent knowledge of MS Excel.

Experience:

• At least 5 years of practical and progressive Credit experience in a busy commercial organization.
• Experience in use of SAP ERP is essential to the role.

Duties/Responsibilities:

Credit Accountant (Credit Controller) takes responsibility for the assessment of new business proposals

together with the regular review and assessment of existing exposures/customer portfolios across the business.

He/She will perform the following duties:-

• Contribute to the development/refinement of credit strategy, policy and processes.
• Validate sales revenue; manage invoicing within established deadlines including posting collections, drawing up records, auditing invoices and performing end-of-month closings.
• Involve the sales team in risk management and collection of overdue payments, providing them with appropriate information (customer account balance, solvency, etc.).
• Ensure timely dispatch of all statistics, records, commented balances to relevant parties; Prepare and submit regular reports to the Finance Manager as required.
• Ensure timely and accurate receivables and collections reporting including, but not limited to, cash collections and forecasting and DSO calculations
• Handle client complaints as well as negotiating settlement terms for payments overdue; effectively manage account/invoice disputes, both internally and externally in order that disputes are resolved within the agreed SLAs.
• Monitor debt age balance and enforce customer credit limit terms throughout the business; Identify changes in payment patterns and propose action to limit exposure.
• Conduct regular reconciliation exercises with the accounting department.
• Carry out credit checks on new customers and advise on credit limit allocations.
• Ensure that all documentation necessary during audit is prepared on time and forwarded to the Financial Accountant for inclusion in the audit file.
• Comprehensive debtor management including assessment of risk and opportunities to improve company cash flow.
• Have overall responsibility for all sales ledger billing for the business.
• Check to ensure all payments received are correctly accounted and allocated in the system.
• Develop and maintain strong working relations with the sales and operations departments.

Kshs. 100,000 - 150,000 plus generous company benefits