Credit Controller

Job Description

Our client is a Global Trademark Owner and a distributor of leading international brands for alternative nicotine delivery solutions in the Middle East and Africa. They are currently looking to hire a Credit Controller to join their team in Egypt.Job Purpose:ÿ?The role is responsible for managing the companys credit control activities. Providing guidance and presenting accountability for meeting the desired goals of credit management, credit reporting, and credit control. Planning, managing, and overseeing the activities, operations, and resources, and providing support to the team to guarantee collections are happening on time, and the credit insurance is managed properly.Job Responsibilities:ÿ?úÿÿÿÿÿÿÿÿSuggest changes to the credit control system to avoid breaches.úÿÿÿÿÿÿÿÿConduct credit committee meetings to get management approval on the credit facilities provided to customers.úÿÿÿÿÿÿÿÿManage customers credit files & Ensure that debts are paid in a timely manner.úÿÿÿÿÿÿÿÿApprove customers sales contracts according to their credit limit and financial situation.úÿÿÿÿÿÿÿÿUndertake account reconciliations as required from customers.úÿÿÿÿÿÿÿÿRegular meetings with management to ensure all relevant debts are managed as necessary.úÿÿÿÿÿÿÿÿIdentify changes in payment patterns and propose action to avert indebtednessúÿÿÿÿÿÿÿÿImplement and propose changes to the Credit Policies and Procedures.úÿÿÿÿÿÿÿÿSet in coordination with management the sales Incentive Plan & scheme.úÿÿÿÿÿÿÿÿFollow up with sales representative to ensure the receipt of balance confirmation.úÿÿÿÿÿÿÿÿSuspend credit facilities in accordance with Credit Policy.úÿÿÿÿÿÿÿÿApprove deductions process (returns, shortages & discounts) to ensure accurate calculation.úÿÿÿÿÿÿÿÿReport on monthly basis to the top management the outstanding amounts.úÿÿÿÿÿÿÿÿApprove all shipping vouchers after checking the client credit balance.úÿÿÿÿÿÿÿÿRequest and follow up with external legal department legal cases related to clients payments.úÿÿÿÿÿÿÿÿEnsure all credit risk insurance terms of conditions & declarations are strictly adhered to, in order to avoid nonpayment cases.úÿÿÿÿÿÿÿÿReview and analyze sales budget proposals for completeness, accuracy, and compliance with credit facilities and sales history.úÿÿÿÿÿÿÿÿRemain abreast with all developments and changes in the credit management field to system is up to date.úÿÿÿÿÿÿÿÿDevelop and maintain a customer credit rating system.úÿÿÿÿÿÿÿÿClose monitoring of the sales representative in order to achieve their respective collection objectives.úÿÿÿÿÿÿÿÿTo negotiate on yearly basis new terms and conditions with the credit insurance companies and select the company that will provide the best value.úÿÿÿÿÿÿÿÿProvide assistance to the sales representative in collecting the difficult receivables.úÿÿÿÿÿÿÿÿAccuracy of financial reportingúÿÿÿÿÿÿÿÿTimeliness of financial reportingúÿÿÿÿÿÿÿÿReports to:ÿRegional Finance Controllerÿ?ÿ

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