Credit Control Manager at Lorache Consulting Limited

Lorache Consulting Limited operates as a Business Process and Strategy, Human capital Development and Marketing Management Consultancy firm. The firm is piloted by a team of experienced professionals and exceptional management strategist who are distinguished and seasoned in their various fields of specialization.

We are recruiting to fill the position below:

Job Title: Credit Control Manager

Location: Lagos
Sector: Pharmaceutical

Responsibilities

• Develop and monitor a credit control system in collaboration with sales and marketing, finance and executive team members
• Responsible for sending statement of Accounts to old debtors (at least 10 per week).
• Ensure that WHT certificate/credit notes are updated and distributed accordingly in conjunction with branch managers.
• Ensure timely and accurate receipt of customer payments within communicated payment terms.
• To access, control and approve release of vehicles on credit terms for MOU customers
• Responsible for Preparation of reminder letters, confirmation of balance etc.
• Reconcile all accounts involving inconsistent data from non- integrated systems.
• Manage Customer ledgers ensuring timely reconciliation on key Accounts
• Track daily remittances for accuracy, credit limits and deductions.
• Assess, propose, and process credit limits and credit holds
• Perform and oversee day-to-day efforts related to payment discrepancies, short payments and various customer claims (investigation and documentation, validation against contracts, follow-up & resolution)
• Provide weekly/monthly report and submit as and when due.

Key Results

• Timely reconciliation of Key accounts
• Distribution of reminder letters and confirmation balance
• Accurate Master data of Customers
• Accuracy in remittance reports
• Updated accurate WHT

Requirements / Qualifications

• B.Sc / HND Accounting
• ICAN / ACCA certified
• 5 - 7 years’ experience as an accountant with at least 2 years in credit control role.

Knowledge, Skills & Ability (KSA):

• Dynamic personality able to effectively engage and influence a variety of audiences at all levels of a business
• Highly organized and able to adapt quickly to changing priorities.
• Ability to apply critical thinking, demonstrate managerial courage and effectively take unpopular positions, when necessary, to ensure business success.
• Ability to develop, plan and execute strategies to maximize opportunities
• Strong analytical and organization skills.
• Should have a good command over the English language and possess the ability to communicate and correspond directly and indirectly with customers.

Application Closing Date
30th October, 2021.