Assistant Credit Manager (Midrand)

Job Purpose

Overseeing and maintaining the Accounts Receivable function on a regional basis, specifically Gauteng. Assisting the National Credit Manager with CGIC processes and alternative credit and security measures required for clients that do not qualify for CGIC cover. This role also encompasses maintaining client relationships, resolving client queries and assisting business with deal facilitation.

Main Objectives

Credit Management

• Maintain Gauteng Debtors book in line with business KPIs.
• Report to National Credit Manager on debtors days, bad debts, weekly cash flow, overdue reports, etc.
• Monthly preparation of Legal Provisions.
• Liaising with attorneys, in-house and external on legal matters.
• Meeting with clients to resolve overdue and any other queries that may arise, ensuring customers remain satisfied with standard of service provided by the team.
• Manage and maintain Joint bank accounts in conjunction with National Credit Manager.
• Assist Gauteng sales and PM's with queries and day to day limits, credits etc.
• Approved credit applications and limits in line with Delegation of Authority.
• Effective management of disputes with clients and ensuring optimal outcome for Company.
• Ensure timely and effective participation in the preparation of submissions of reports required by National Credit Manager.
• Stay current with industry trends.
• Preparation of Legal documentation.
• Mitigate risks within Mandate in terms of trading.
• Understand and negotiate Binding Contracts.

Staff Management

• Manage and assist Gauteng debtors’ staff in conjunction with National Credit Manager.
• Meet with staff members on a weekly basis to ensure that debtors’ overdue are kept to a minimum.
• Share knowledge and develop staff capacities and knowledge in their job functions.
• Provide ongoing feedback to staff and assist National Credit Manager with performance assessment processes.

Customer satisfaction and client relationships

• Build and maintain relationships with Insurers, attorneys and clients.
• Effective management of disputes with clients and ensuring optimal outcome for Company.

Qualifications and Experience

• NQF Level 6 or higher qualification in Law or Finance
• BCOM in finance advantageous
• CIMA would be advantageous
• Epicor system knowledge would be advantageous
• Minimum of 3+ years in a Credit Managerial role

Skills and Knowledge

• Solid understanding of the National Credit Act as amended, FICA and other relevant legislation.
• Understanding of IFRS 9 and ECL principals for Financial Accounting purposes.
• Good understanding of corporate governance principles.
• Made proven strategic contributions to setting and achieving goals in a Debtors managerial role.
• Good understanding of a distribution business and the need to competitively assist in positioning Mustek.
• Previous strong experience on managing large debtors book and collections.
• Requires detailed knowledge of theories and practices relevant to finance – debtors.
• Proven experience in decision-making that directly impacts various business units within the organization.
• Create solutions to challenges that may arise, especially in terms of legalities.
• Exceptional management skills, especially in terms of utilizing resources and being able to multitask in a cross functional environment.
• Excellent knowledge of Export/Retail/Channel/GOVT debtors’ books and their requirements.