General Manager Credit Control
Not specified, Full Time Deadline: Not specified
Regenesys seeks to employ a General Manager: Credit Control to monitor staff and oversee the procedures to reduce the amount of unpaid debt the company incurs. The successful incumbent will also be responsible for negotiating extensions with clients or write-off debt to minimize the company’s potential loss of income. The ideal candidate must have the ability to foster a cooperative work environment. Knowledge of budgeting, cost estimating and fiscal management principles and procedures required. The ideal candidate should be analytical and have great report writing skills. Ultimately, a top-notch collections manager should have extensive knowledge of collection laws, and continuously find ways to improve the company’s debt recovery.
Overseeing staff members and ensuring the accurate and timely invoicing of customers.
Setting payment collection goals and targets for the department.
Creating and implementing a strategy to improve the collection of outstanding credit.
Implementing collection policies and procedures to avoid excessive outstanding credit.
Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations.
Implementing deadlines for invoicing and payment collection.
Negotiating with customers in cases when non-payment occurs.
Preparing monthly feedback reports on payment collections.
Remaining informed of any legislative procedural training regarding debt collection.
Training and mentoring of staff members in the collections department.
Managing procedures and policies of debtors book.
Good understanding of appropriate collection process.
Determine and manage credit terms of debtors / vetting process.
Liaise with sales teams and all relevant stakeholders.
Implement automated ’ integrated financial ’ sales systems
Ability to utilize all systems .
Able to Forecast and Projections – Daily / Weekly / Monthly.
Good Understanding of handovers and the legal process.
Requirements and Qualifications:
Credit Management qualification / or related finance qualification.
3–5 years’ experience in a similar role.
Experience with accounting software such as QuickBooks and General Ledger and advanced knowledge of MS Excel.
The ability to work accurately and independently.
Good verbal and written communication skills.
Excellent analytical skills and an eye for detail.
Outstanding leadership and managerial skills.
Strong time and people management skills.
Ability to work to strict deadlines.