Credit and Receivables Controller

Seeking a Credit and Receivables Controller – Lusaka, Zambia. This role requires the candidate to be organised and have a keen eye for detail to spot any issues that may arise.

Responsibilities

• To have overall responsibility and accountability for the implementation of the credit policy.
• To be responsible for the quality of the overall receivables aging list at all times.
• To reconcile customer accounts and align the sub-ledger/debtor aging profile with the general ledger.
• To engage with sales teams and provide guidance on credit before sales are made, to review and provide guidance to the business on collateral required before credit can be extended or before credit hold/block can be released.
• To produce and circulate a weekly progress report that highlights engagement with target customers, inputs required, etc to ensure conclusion within stipulated period. The weekly report is to be circulated to supervisor and management every Friday.
• Engage, together with respective sales representatives, those long outstanding customers wishing to pay in instalments, a legally binding payment plan that provides recourse for Omnia Fertilizer Zambia i.e. security.
• Credit Controller shall be the key contact person/coordinator with legal services suppliers involved in the recovery of long outstanding balances via legal processes. The Credit controller shall compile a monthly report of status and circulate to Financial Director
• Credit Controller is responsible for the monthly computation and posting of expected credit losses based on company guidance and IFRS subject to approval by the Financial Director.
• Credit Controller is responsible for the monthly reconciliation of the debtors subledger to the general ledger and presents for Financial Director’s review and approval.
• The jobholder will support the efforts of sales representatives’ collections efforts in a coordinated collection effort. This will include the planning of target collection customers for each week.
• Ensure that collections from customers are made via either cheque or electronic platforms only.
• Any other duties that will be assigned from time to time.

Experience

• 5 years managerial experience with a bias toward debt collection and credit control.
• Understanding of the Agriculture industry (advantageous)

Qualification

• CA registered with ZICA (Zambia Institute of Chartered Accountants)