Group Credit Manager

Job Summary: Responsible for reporting, overseeing, and improving the Credit Department.

Minimum qualification and experience:
• Bachelor's Degree in Commerce (BCom).
• CIMA, Credit Management Degree, or equivalent (advantageous).
• Minimum of 2 years' experience as a Credit Manager.
• Credit insurance experience and a firm understanding.
• Experience in financing and working capital solutions.
• Proficient in Syspro, Pastel, or other IT systems.
• Advanced Excel skills.
• Minimum of 2 years in a management position leading a team of 8+ diverse members.
• Proven track record managing a large book in excess of R450M.

Soft skills:
• Ability to handle extreme pressure.
• Strong communication skills.
• Resilience, assertiveness and willingness to handle conflict.
• Exemplary time management skills.
• Ability to work independently with high-level input from senior management.
• Strong interpersonal skills in fostering collaboration.
• Able to direct and lead team and external departments to produce desired results.
• Individual needs to set high standards and have a high attention to detail.

Main Duties/Key Results Areas:
• Lead and manage the Credit Department and the Sales Admin and Invoicing Department, by providing guidance and direction to the team
members.
• Responsible for reporting, overseeing, and improving the departments.
• Foster a positive and collaborative team environment, promoting open communication and teamwork.
• Monitor and evaluate the performance of the credit department, ensuring efficiency and adherence to established policies and procedures.
• Implement key performance indicators (KPIs) to measure the team's effectiveness.
• Creating credit scoring models for risk assessment.
• Analyse and review customer's financial position to grant credit limits as part of the customer onboarding process.
• Manage customer limits and exposures on forward sales and in-store stock levels. The Group Credit Manager is responsible for the credit
authority levels and approvals.
• Manage and oversee the companies in the group’s Credit insurance policies and ensure compliance on
time frames and insurance terms and conditions.
• Plan and initiate strategies for collections. Improve debtors’ days outstanding and maximize cash inflow.
• Ensure that tight credit controls are implemented, monitored, and maintained.
• Maintain a low bad debt write-off percentage.
• Manage and resolve outstanding claims and queries with customers.
• Work closely with the compliance department on new customer credit applications. Apply for limits on CGIC as well as perform risk
procedures to set internal limits.
• Manage and oversee the company’s financial accounts receiving funding services with the bank and ensure PODs are provided and
appropriate limits are in place.
• Ensure timely reporting, including weekly age analysis, accounts receivable on the balance sheet, month-end reporting, quarterly financial
audits, and Annual Financial Statement audits.
• All other tasks and related duties as expected from the employer from time to time.

If you do not hear from us in 2 weeks consider your application as unsuccessful.