Credit Manager

  • Lagos, Nigeria
  • Full-time

Company Description

The Credit Manager is directly in charge of all processes related to the Company’s Credit Management

Job Description

Organize and document Credit Committee (CC) meetings to enable credit approvals

Ensure communication and implementation of CC decision

Draft Credit Sales Policy for review / approval of (CC), propose potential improvements

Assess Customer credit through access to all relevant database available, and document and archive assessment

Monitor and approve customer limits and collections in line with credit policy

Weekly reporting of Credit Sales: outstanding balance, new credit, credit that matured, payments, aging report

Raise warning when limits achieved and initiate action as per policy

Monthly reporting to Head of Sales and Head of Finance

Propose, validate and monitor payment instruments/guarantees

Maintain the ERP with the credit limits of the credit customers

Liaise with Debt recovery agents in conjunction with Legal officers

Initiate the process of Bank Guarantee recall with Legal officers

Qualifications

5 years of professional experience in a bank or in a financial department of an international company

Good written and oral communication skills

Strong computer Skills especially Excel, Word, Powerpoint and email applications

Knowledgeable of SAP or use of similar ERP

Excellent management skills and ability to organize and plan effectively