Description:
Job Title: Credit Controller
Reports to: Regional Credit Supervisor
Paterson Grade: C2
Purpose of the Job
The Regional Credit control position is accountable for the debt collection activities in such a manner that it maximizes collections and minimizes bad debts.
KEY RESPONSIBILITIES
Policies and Procedures
Ensure adherence to collection policies and procedures.Collections and Targets
Monitor and manage a debtor’s portfolio of no more than 480 accounts. Achieve and maintain collections and targets set per company protocol. Actively collect payment according to payment terms Performs reconciliations of allocated accounts daily.
Overdue Accounts
Attend weekly meetings with the credit supervisor to review all defaulting accounts. Ensure the correct escalation process is followed for the Reminder Letters. Feedback on the top 20 overdue accounts must be prepared and discussed weekly.
Hand Overs and Bad Debts
Follow the correct protocol before blacklisting a client, and then proceed to blacklist clients. Inform the credit supervisor of any liquidations, absconded clients and business rescues immediately.
Credit Notes, Invoices and Adjustments
Check that all credit notes and adjustments are raised correctly. Investigate all reasons for credit notes to ensure that they are valid. Submit all credit notes requisitions to the regional credit supervisor. Raise all rate queries and stop billing on closures with the billing department.Month-end Activities
Ensure that all re-allocations of unallocated deposits are completed. Ensure that all journals’ requisitions are raised by 12h00 on the 4th working day of the new month.Cash / Suspense Accounts
Ensure the bank statements deposits are captured and allocated daily. Ensure that all suspense accounts are reconciled and cleared monthly. Obtain all remittance advices for all deposits received on allotted debtor’s accounts.Financial & Reporting
Prepare commentary on top twenty clients each month for the region.Auditors
Assist auditors as and when required.
Meetings
Regular one on one book reviews with the credit...
06 Feb 2023;
from:
gumtree.co.za