Job Title: Finance Manager, Credit Control
Job Location: Lagos, Nigeria
Recruiter: Hamilton Lloyd and Associates
Our client is a market leader in the Telecommunication Infrastructure provision sector in Nigeria. Due to internal expansion processes, the company has decided to start the search for a Finance Manager Credit Control for its Nigerian operations.
Reports To: Finance Director
Division: Finance
Group Unit: Credit Control
Role Summary:
The Credit Controller is responsible for chasing outstanding invoices to the company and plays a vital role in the cash-flow of the organization ensuring customers pay in line with agreed terms.
Responsibilities:
• Managing the credit control function encompassing developing and revising credit policies, developing and updating credit control manual.
• Providing rolling collection forecast on weekly and monthly basis
• Reporting on collections and providing insightful reports to management.
• Ensuring that the Account Receivable team promptly and correctly invoices for all revenues
• Chasing debt by telephone and email and with the aim of maintaining optimal invoice collection days.
• Processing and generating reminder letters and monthly statements.
• Ensuring that Withholding tax deductions are remitted by customers and certificates are received
• Allocating payments in accordance with customer remittances.
• Liaising with the Commercial and Accounts Receivable teams to resolve outstanding queries.
• Daily and month end reporting and account reconciliations.
• Investigating and resolving queries relating to non-payment of invoices.
Key Performance Indicators
• Accuracy & completeness of the data so as to ensure no duplication of payments.
• Service delivery within the prescribed turnaround time for a transaction.
• Timeliness in the resolution of queries from the internal as well as external customers.
• Timeliness and quality of reporting.
Skills/Competence Requirements:
Generic Skills
• Exceptional analytical skills
• Exceptional follow up skill
• Negotiation interpersonal skills
• Can communicate comfortably in English (oral & writing)
• Have a good sense of customer service
• Very comfortable with Microsoft office applications
Supervisory Skills
• General administration
• Conflict management
• Organization & coordination
• Team Oriented, Quality driven & Customer focused
In respect to the Ideal profile: – Education: BSc/HND in Accounting or Finance. Certification in ACCA/ACA would be an added advantage. – Experience: 7-10 years relevant experience
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