Credit Controller / Letter of Credit Specialist
General Enterprises & Trading Co. Ltd.
Total years of experience :15 years, 0 Months
Performs collection activity on past due accounts within established credit policies and procedures. Evaluates credit worthiness of current and new customers based on analysis of available information to establish maximum justified credit available for current and new customers. Supervision of Import & Export letter of credit. Manages a professional and effective relationship with the sales force and motivate the collection staff to maximize collection target. Manage a portfolio of account receivables in an efficient and effective manner and in accordance with schedule targets. Ensures the adequacy of debtors age profile, prepare monthly forecast for debtors & collection. Improves credit processes and procedures, e.g. invoicing, follow up, query management. Recommends changes to the credit policy to senior management when needed and in line with the development in credit policies around the world. Manages customer credit files. Monitors the credit limit granting and updating process. Performs ongoing review for overdue accounts, follow up with sales / collection team and instigates legal proceedings. Lead the monthly debtors meeting with sales & collection team to ensure monthly collection targets are met. Follow order release guidelines issued by management and ensure that order release process works exactly within these set parameters. Personally investigates the large customers credit requests/applications. Personally visits the largest customers at risk to establish effective relationships and outcomes. Ensure that advance communication is in place with sales management and customers to guarantee timely collection of dues. Effectively utilize ‘Early Warning Systems’ to restrict the exposure to doubtful & bad debts. Provide periodic reports & lists as prescribed to ensure all problem areas are highlighted and there is a smooth workflow. Proactively resolve all issues relating to shipments that may adversely impact timely collection.