Credit Controller
Cjp Chemicals
Total years of experience :36 years, 3 months
Full credit control function for a book value of +R70million made up of 500 active account customers and 1500 C.O.Ds.
Key accounts management i.e. Tiger Brands, Premier foods, National Brands, Pioneer foods, Foodcorp, Shell & SAB Miller.
Credit Management risk (monitor payment behavior of customers and propose credit limit changes).
Management of all accounts over 120days plus.
Conduct local and international credit vetting /trade reference checks on all customers seeking to open new accounts, review credit terms/limits as and when required.
Processing of credit applications and opening of new accounts. Submission of new credit applications online with Experian Kredit info reports, Credit Guarantee (CGIC) and Coface for credit assessment/ Declarations and making sure credit limits are adhered to as per insured value.
Daily telephonic /electronic collections, order releasing or place on hold and recording of such on the system. Emailing, fax or hand deliver copy invoices, PODs /statement and reconciliation statements on excel where required.
Proactive and effective cash collection from local and foreign customers thereby minimizing bad & old debt.
100% success rate with customers l have recommended for credit.
Predictive modeling i.e. cash forecasting, credit risk, fraud detection by developing and maintaining early detection and prevention tools. Early detection of customers closing their business.
Insolvency procedures and compiling documentation for legal action. Liaise with attorneys on outstanding legal matters.
Handle customer queries and driving solutions i.e. (price, delivery issues). Preparation of credit and debit notes on time.
Manage customer ledger, no unexplained aged credit, unmatched or outstanding balances older than 45days, clearing small balances of forex differences, bank charges deducted and refund duplicate payments.
Identify and receipting payments daily from bank statement and allocating accordingly. Assisting with identifying unallocated payments on bank reconciliation, cleaning up of accounts.
Designing and maintaining effective credit control policy models in the consumer environment.
Continuously look for process improvements to drive customer satisfaction and raise service efficiency.
Identify opportunities to expand customer base with credit worthy and potentially profitable existing customers.
Building relationships with key accounts i.e. (accounts payables, account managers, credit risk managers, Finance Managers) and internally (customer service teams, Sales team & warehouse).
Credit Control staff supervision at the branches and company induction for non-credit control staff.
Maintain and implement the credit control policy.
Manage group debtors, cash flow in accordance with the company’s credit policy.
Vet and recommend to management credit limits and credit worthiness of customers.
Collection targets management, ensure that collection targets are set and met.
Preparation of year end debtors schedules.
Reconcile and maintain debtors control account in the general ledger.
Processing receipts, batch listing, allocation and posting of receipts from the cashbook to general ledger.
Management of entire debtors function making sure all statements are sent on time.
Staff supervision.
Send out default letters.
Resolve customer queries.
Processing credit application forms and assessing the credit worthiness of customers.
Follow up on outstanding and overdue amounts from debtors.
Preparing and issuing letters of demand, summons, default judgment and warrant of execution against property in accordance with the law.
Ensure timely collection of money, timely clearance of reconciling items.
Ensure all debtor queries are dealt with timorously and professionally.
Consulting with lawyers on complicated cases.
Inquiring with Dunn and Bradstreet about credit history and trade references.
Attending court, document preparation for pre-trial conferences .Filing claims for liquidated companies.
Cultivating relationships with contacts ensuring commitments are honoured.
Tracing and collecting debts.
Resolve customer queries
Current Studies (CIMA) Grade CIMA Certificate Level Fundamentals of Business Economics Exempted Fundamentals of Business Mathematics Exempted Fundamentals of Financial Accounting Pass with 74% Fundamentals of Management Accounting Pass with 60% Fundamentals of Ethics, Corporate Governance & Business Law Pass with 70% CIMA Diploma in Management Accounting Financial Reporting (F1) Current studies Management Accounting (P1) Current studies Organisational Management Current studies Case Study Current studies
. Economics Pass . Company Law Distinction . Auditing Pass . Quantitative Pass . Taxation Pass Southern Africa Association Of Accountants Certificate . Accounting 2 Pass . Management Information Systems Credit . Business law Pass . Cost Accounting Credit Southern Africa Association Of Accountants Foundation Certificate . Accounting 1 Pass . Communication Credit . Principles Of Marketing Credit . Management Pass Computer Literacy . Working Knowledge of Excel, Word, Access, Outlook . Working Knowledge of Pastel And Accpac.3years apiece . Working Knowledge of SAP Business 1year.