Job Outline  

• Assist in credit control function

MAIN DUTIES AND RESPONSIBILITIES

Credit Management

• Implement and ensure adherence to Group credit policies and procedures;
• Minimize credit exposure by reviewing new and existing customer accounts to set credit limits and credit terms;
• Prepare and circulate monthly collection targets and update Management on collections on a weekly basis;
• Prepare and circulate monthly Aged Debtors Report by cost center;
• Prepare and distribute Group monthly reports.

Credit operations.

• Monitoring and releasing sales orders requiring credit control approval;
• Ascertain credit accounts that should be suspended from trading;
• Ensure customer queries/disputes are resolved in good time to facilitate collection of outstanding debt.
• Regular update to Credit Control Manager on current activities and key customers’ issues;
• Daily matching of customer receipts with remittance advices and updating the allocation in the customer account;
• Receive, process and file withholding VAT certificates from customers and reconcile to iTax ledger.
• Process all manual invoices into the system and ensure they are properly filed;
• Recommend legal action for delinquent customers;
• Monitor the performance of 3rd party debt collection agencies;
• Circulation of customer statements & reminder letters after 60 and 90 days;
• Regular reconciliation of customer accounts;
• Highlight to management problem accounts and recommend appropriate action.

Processing of Staff claims

• Receiving and posting of staff claims
• Circulating staff accounts statements at month end and advice to Human Resource for any recoveries of staff advances.

Others

• Filing of customer invoices, sales contracts and credit notes;
• Deputize the Credit Control Manager during his/her absence.

CONTACTS

• All user departmental heads
• All Ethiopia BU employees
• Ethiopia BU customers

Department: Finance

QUALIFICATIONS

• Management, financial or business degree from a recognized university
• Certified Credit Professional (CCP)or/ and Certified Public Accountant (CPA)
• 3/4 years work experience in a busy Finance office handling credit control
•  Computer literacy, experience in using computer systems, Word and Excel

KNOWLEDGE

• Good understanding of financial accounting and business processes

SKILLS

• Financial and analysis acumen
• Must be a team person with a responsible approach.
• Good IT skills with excel knowledge including using pivot tables.
• Accurate worker giving attention to detail.
• Ability to liaise with personnel at all levels.
• Able to use initiative, knowledge and experience to look at improving processes rather than just following them.