Credit Officer
Nextzon Business Services Limited - Our client is a start-up mega drug distribution centre in the pharmaceutical sector located in Anambra State, and is looking to fill the role of the:
Job Title: Credit Officer
Ref: CRDTOFCR0013
Location: Anambra
Reports To: Finance Manager
Purpose
- Management of the credit risk associated with the portfolio and ensuring high quality of the portfolio
Key Roles and Responsibilities
- Monitoring of outstanding sales invoices, debts collection and scheduling meeting with customers towards resolving all disputed payment
- Analyse and evaluate distributor credit applications in line with company’s credit management policy
- Review and monitoring of customers’ credit limit
- Preparation of Weekly and Monthly debtors’ report and collections to Management
- Responsible for reconciliation of disputed account and negotiates to bring payment into line with terms
- Preparation of Dealers rebate and debtors provisions schedule to Financial Accountant
- Respond to all queries on payment by customer and proper treatment of WHT credit notes
- Maintenance of GL to ensure data integrity
- Monthly preparation of Prepayments schedules and posting of month end journals
- Participate in the annual and statutory physical stock taking exercise
- Assisting in the preparation and coordination of schedules to the Statutory Financial report
- Preparation of periodic and on-demand account reconciliation with key customers
- Carry-out APV/Pricing
- Continually review the existing SOPs and ensure update where necessary to meet current business environment and group standard requirement
- Create more awareness for staff on SOPs, and ensure adherence to policies
- Deploy Demand to Cash Policy aiming at reinforcing the internal control in the sales activities
Required Skills and Competencies
- Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation
- Good corporate and merchant credit and exposure analysis skills
- Strong process and project management skills
- Ability to read and interpret credit bureaus reports, analyze trade experience, and utilize external financial resources to underwrite credit requests
- Appreciation of finance & investment management principles
- Ability to use several accounting packages (Sage, QuickBooks, etc.)
- Knowledge of Microsoft excel, word processing, and other database applications
- Oral & Written Communication skills
- Relationship Management
- Possession of human skill (ability to interact effectively with people - both staff and clients alike)
- Ability to develop, build and maintain relationships with customers
- Expert knowledge of credit structuring, cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis and credit arrangements
- Advanced knowledge of financial modelling techniques and preparation of pro-forma financial statements
- Excellent presentation, oral and written communication skills
Qualifications and Experience
- Minimum of 5 years credit control experience in the FMCG or financial industry
- Age 30 years and below
- A good University degree or HND in Accounting or related field
- A recognised professional accounting certification (i.e. ACA, ACCA or equivalent)
- A post graduate degree or any other qualification/certification will be an added advantage
Similar Jobs
- Account Assistant Job at Fadel Minerals Nigeria Limited
- Assistant Account Officer Job at Monikol Nigeria Limited
- Accounts Officer Job at Buckler Systems
- Job Openings at Pan African Towers Limited
- Accountant Job at Complete Logistics Network Limited (CLNL)
- Account Officer Job at Baldon Clothiers Limited
- Fixed Asset Accountant Job at Evans Industries
- Payroll Specialist Job at Fosad Consulting
- Accountant Job at Synapse Services
- Job Openings at IHS Towers