Reporting to the CFO, the Credit Manager will be tasked with;
a) Provide effective leadership to the credit functions
b) Research and evaluate clients’ creditworthiness and risks, analyze risks and approve or reject credit sale requests
c) Create credit scoring models to predict risks, pay attention to details of individual clients and follow tracks of customers’ payment
d) Approve or reject credit sale requests, based on credibility and potential revenues and losses.
e) Calculate and set interest rates to company products.
f) Review and update credit files.
g) Review credit sales agreements to ensure that they are complete and accurate and have been done according to policy.
h) Negotiate credit and payment terms with clients
i) Monitor payments of credit clients
j) Maintain updated records of all credit sales
k) Follow up with clients to manage debt settlements, exercise good communication skills and customer care when it comes to approaching delinquent clients
l) Regularly contact clients to gather financial data and documentation
m) Ensure all credit procedures comply with company regulations
n) Develop, review and update the company’s credit policies
o) Provide status regular reports
p) Plan, monitor and evaluate the performance of staff in the Credit section on regular basis
q) Implements strategies to ensure overdue clients make payments
Our ideal candidate will have at least 6 years of experience in credit operations with at least 2 years in a supervisory or managerial position
They will have experience in credit recovery and collection, credit risk, evaluation, credit administration and general credit support
Customer Service experience will be of added advantage.
To express interest in this role, send your CV and cover letter as one document to firstname.lastname@example.org and use the role title as the subject.
Salary Budget: 2,500,000 UGX Gross