Credit Officer at DAG Industries Nigeria Limited

DAG Industries Nigeria Limited - We provide the most popular range of Bajaj motorcycles, Bajaj tricycles, Bajaj genuine spares, MRF tyres, DAG lubricants and unfaltering after sales service. Backed by its untiring team of professional and trained technicians, authorized service stations and its own service center, DAG has been instrumental in developing Nigeria through building infrastructure and creating jobs thereby providing a livelihood for the common people in Nigeria. We at DAG are committed to provide genuine spare parts, accessories, and a never failing support to its customers and business associates.

We are recruiting to fill the position below:

Job Title: Credit Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

• The Credit Officer is responsible for assessing, approving, and monitoring credit facilities to customers while minimizing financial risk to the organization.
• The role involves evaluating creditworthiness, managing receivables, ensuring timely loan recovery, and supporting sales growth through sound credit decisions. Experience in the automobile industry will be an added advantage.

Key Responsibilities

• Evaluate customer credit applications and conduct credit risk assessments.
• Analyze financial statements, credit history, and repayment capacity of customers.
• Recommend approval, modification, or rejection of credit requests in line with company policies.
• Monitor outstanding receivables and ensure timely payment collection.
• Follow up on overdue accounts and implement recovery strategies.
• Maintain accurate customer credit records and documentation.
• Collaborate with sales and finance teams to structure suitable credit terms.
• Conduct periodic credit reviews and reassess customer credit limits.
• Prepare credit reports, aging analysis, and portfolio performance reports.
• Ensure compliance with internal credit policies and regulatory requirements.
• Support vehicle financing, dealership credit arrangements, and asset-based lending processes.
• Identify potential credit risks and recommend mitigation strategies.

KPIs / Performance Indicators

• Reduction in overdue receivables
• Portfolio default rate
• Collection efficiency ratio
• Credit approval turnaround time
• Bad debt recovery rate
• Compliance with credit policies

Qualifications & Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or related field.
• 3–5 years’ experience as a Credit Officer or similar role.
• Experience in automobile, vehicle financing, leasing, or dealership operations is an added advantage.
• Strong knowledge of credit risk assessment and debt recovery processes.
• Proficiency in Microsoft Excel and financial analysis tools.
• Good understanding of receivables management and credit control practices.

Key Skills & Competencies:

• Credit risk analysis
• Financial statement analysis
• Debt recovery & collections
• Credit policy implementation
• Negotiation and persuasion skills
• Analytical and decision-making ability
• Attention to detail
• Relationship management
• Reporting and documentation

Application Closing Date
30th April, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online