drjobs Senior Credit Controller

Senior Credit Controller

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1 Vacancy
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Job Location drjobs

India

Monthly Salary drjobs

INR INR 1200000 - 2400000

Vacancy

1 Vacancy

Job Description

Overview

The Senior Credit Controller plays a vital role in the financial health of the organization by managing and overseeing the credit control operations. This position is essential to ensure that the company maintains a low level of bad debt while also maximizing cash flow and minimizing credit risk. The Senior Credit Controller will be responsible for implementing credit policies and managing a team of credit controllers. Collaboration with the sales and finance teams is crucial to ensure accurate assessments of customer creditworthiness and managing collections. This position requires a proactive approach to identifying potential credit issues and developing effective strategies to mitigate risk. By establishing strong relationships with customers the Senior Credit Controller ensures timely payments and contributes to overall profitability. Strong analytical and negotiation skills are necessary to interpret financial data and communicate effectively with clients regarding payment terms. The Senior Credit Controller is expected to contribute to the development of treasury policies and assist in financial forecasting. Excellence in this role directly influences the operational cash flow and contributes to the longterm success of the organization.

Key Responsibilities

  • Oversee the credit control function and manage a team of credit controllers.
  • Evaluate customer creditworthiness and establish credit limits.
  • Develop and implement credit control policies and procedures.
  • Ensure timely collections and follow up on overdue accounts.
  • Analyze financial data to assess risks and provide insights.
  • Prepare regular reports on accounts receivable and cash flow forecasts.
  • Negotiate payment terms and settlements with clients.
  • Maintain strong relationships with clients to ensure open communication.
  • Resolve disputes and discrepancies in a timely and effective manner.
  • Monitor and report on credit insurance and debt recovery processes.
  • Provide training and mentorship to junior credit control staff.
  • Work closely with sales and finance teams to align credit decisions.
  • Identify trends in customer behavior and adjust credit strategies accordingly.
  • Assist in financial audits and maintain compliance with regulations.
  • Develop strategies to minimize bad debts and improve cash flow.

Required Qualifications

  • Bachelors degree in Finance Accounting or related field.
  • 5 years of experience in credit control or similar position.
  • Proven track record of managing highvalue accounts receivable.
  • Strong knowledge of credit assessment techniques and industry best practices.
  • Experience with accounting software and financial reporting tools.
  • Excellent analytical and numerical skills.
  • Strong negotiation and interpersonal skills.
  • Ability to work independently and lead a team.
  • Proficient in Microsoft Office particularly Excel.
  • Familiarity with legal aspects of credit and collections.
  • Experience in training and developing staff.
  • Ability to prioritize and manage multiple tasks effectively.
  • Strong attention to detail and accuracy.
  • Excellent written and verbal communication skills.
  • Knowledge of relevant regulations and compliance standards.

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Employment Type

Full Time

Company Industry

Key Skills

  • Administration
  • Credit Control
  • Copy Editing
  • EMC
  • Back Office Support

About Company

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