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Job Description
- Establishing credit limits and evaluating the creditworthiness of customers.
- Develop and implement effective credit control policies and procedures to minimize credit risk and improve collection efficiency.
- Managing credit and receivable accounts to contribute to the organization's overall financial stability and profitability.
- Monitoring credit exposure and minimizing bad debt risks at the organization.
- Applying strategies to encourage timely payments.
- Building & maintaining deep and excellent relationship with banks.
- Providing creative solutions to handle and face any economic changes.
- Conduct regular credit reviews and reassess credit limits based on payment history and changes in creditworthiness.
- Coordinating with other departments such as sales, customer service and finance to handle all credit-related matters appropriately.
Job Requirements
- A bachelor’s degree in finance, accounting, or a related field.
- 5+ years of experience in a similar credit management role.
- Excellent analytical skills with the ability to evaluate financial information, perform risk assessments and make informed credit decisions.