Credit Controller Job Vacancy in Nairobi, Kenya

Job Title: Credit Controller

Job Code: CC/S/141104
 

Number of Positions Open: 1

Reports To: Director
 

Location: Nairobi, Kenya

Closing Date: Open Until Filled

Summary: Our client is one of East Africa’s largest independent media specialists. They are focused on developing & providing world class media planning and buying services to leading local and international clients across this sub-region.

Job Objective: The Credit Controller is responsible for chasing outstanding invoices to the company and plays a vital role in the cash-flow of the organization ensuring credit given to customers is monitored and controlled effectively.

Primary Responsibilities:

• Meet cash and debtor day targets set by the firm(DSO)
• Resolve debtor’s disputes in a timely manner and specifically oversee accounts which have stretched above agreed credit limit or terms.
• Assessing credit worthiness of prospective customers in liaison with accredited agency
• Participate in the weekly management meeting to review debtors’ status.
• Ensuring that Debtors balances and accounts are reconciled and addressing reconciling items thereof.
• Responding to clients enquiries regarding their accounts.
• Safeguard company’s assets in terms of customers’ balances and ensure there is no embezzlement of receivables.
• Liaise with finance manager to ensure there is consistent, reliable and adequate practice of provision of debtors as per the company policy.
• Liaising with Media department and management on issuance of Credit Notes by ensuring that they are accurate, genuine and fully approved.
• Making recommendations to the management regarding customer accounts requiring change of policy, trading terms or special attention.
• Maintain records of all customers in a file (invoices, credit notes, remittance slips, copies of withholding VAT and any manner of correspondences with the customer) and ensure that the same is filed system and in order for ease of traceability.
• Supervise, coach and mentor credit control assistant and delegate some of the duties.
• Ensuring client statements/letters are sent on a timely manner as may be agreed from time to time by credit control assistant.
• Other duties as delegated from time to time by the Finance Manager or the company’s directors.
• Liaising with the Finance manager on banking of cheques received and payment transferred as advised by clients for receipting and proper allocation purposes.
• Chasing debt by telephone and email and reducing debtor days.
• Allocating payments in accordance with customer remittances.
• Processing and generating reminder letters and monthly statements.
• Liaising with the sales and accounts receivable teams to resolve outstanding queries.
• Ensuring that all major accounts work to agreed order to cash cycle.
• Daily and month end reporting and account reconciliations.
• Investigating and resolving queries relating to non-payment of invoices in a timely manner.
• Working to strict monthly and annually collections targets.

Requirements:
 

Qualifications

• Bachelor’s degree in a business related field (Bcom; Finance or Accounting).
• CPA (K) qualification would be an advantage.

Work Experience: Previous experience working in a finance department with exposure to credit control.
 

Skills and Abilities:

• This position would suit an individual who is driven by results and is target driven.
• You will have good Excel skills, a polite but tenacious telephone manner and good systems knowledge of quick books or any other accounting system.
• Good spoken and written communication skills
• An assertive but tactful manner
• Calmness under pressure
• An organized and methodical approach
• The ability to work to strict deadlines
• Good negotiation skills
• The ability to explain financial matters firmly and clearly
• Good mathematical skills
• Administrative and computer skills.

How to Apply:

Interested candidates holding the necessary requirements, good performance and / or references are encouraged to apply with detailed CV’s, inclusive of names and contacts of 3 referees, current telephone number and email address by clicking on:  Credit Controller

Kindly include your current and expected remuneration in your resume.