Credit Controller job at Kerchanshe Equipment
Website :
7 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Credit Controller

[ Type: FULL TIME , Industry: Logistics , Category: Accounting & Finance ]

Jobs at:

Kerchanshe Equipment

Deadline of this Job:
02 July 2022  

Duty Station:
Within Ethiopia , Addis Ababa , Horn of Africa

Summary
Date Posted: Thursday, June 23, 2022 , Base Salary: Not Disclosed

Similar Jobs in Ethiopia
Learn more about Kerchanshe Equipment
Kerchanshe Equipment jobs in Ethiopia

JOB DETAILS:
Kerchanshe Trading PLc is a fully independent Ethiopian coffee farming and exporting enterprise. It has decided to broaden its company and has recently signed a Trademark agreement with Caterpillar to officially represent and distribute the Caterpillar Brand in Ethiopia. It is the only Company in Ethiopia having such official distribution rights for Caterpillar Equipment.
The commercial name for this division, which is fully owned by Kechanshe Trading PLC, is Kerchanshe Equipment. Kerchanshe Equipment is in charge of distributing and supporting construction machinery, parts, power systems, and material-handling equipment across the country.

Management
The Management requirements of the Credit Controller include but are not limited to the following high-level deliverables:
• Implement company Group’s credit policies and credit strategies;
• Devise risk management strategies in conjunction with the Group Credit Controller and local management;
• Maintain a departmental organizational structure sufficient to meet all goals and objectives to include a fail proof succession plan;
• Drive and achieve cash flow targets through managing timely payment of credit;
• Liaising with external debt collectors and lawyers for recovery of debts as well as managing relations with Credit Reporting and Fraud agencies;
• Keep abreast of best practice methods and trends and recommend any changes to local management and Group Credit Control team;
• Manage, train, up-skill, motivate and appraise Credit Control staff;
• Measure department performance using appropriate group metrics;

Credit operations
The Operational requirements of the Credit Controller include but are not limited to the following:
• Evaluate customers for credit worthiness before granting credit by applying group credit evaluation techniques, obtaining all required documentation as well as obtaining appropriate credit references;
• Opening debtor accounts and setting up credit terms, limits and conditions;
• Minimise credit exposure by reviewing new and existing customer accounts to set credit limits and credit terms;
• Ensuring customer related correspondences, queries and inquires are timely addressed;
• Valiadating, matching nad allocating posted receipts and credit notes;
• Approval of blocked orders;
• Ensure that all transactions relating to a customer are processed through the customers’ account and that no customer account is used without the customer’s written authority.
• Prepare and process all manual credit notes ensuring that reasons for credit note requests are fully supported;
• Collect outstanding balances from all debtors including negotiating settlement payment plans in consultation with Head of Finance and Group Credit Controller;
• Plan and set up departmental debtors’ meetings and agree with sales teams on and monitor monthly collection targets;
• Follow and maintain full records of all accounts with Exceptional Credit Approvals,
• Ensure that Monthly Customer Statements are promptly sent out to customers and set up follow up mechanisms of ensuring receipt of statements by customers;
• Ensure customer accounts are reconciled with customer and any disputed billings are followed up with the respective departments and resolved in a timely manner;
• Analyse potential bad debts and recommending to the Credit Committee for appropriate action;
• Prepare monthly reports in accordance with group requirements and within reporting deadlines;
• Conduct quarterly review of the credit accounts and ensuring that customer credit limit is adequate for volume of purchases.

Others
• Ensure proper filing and archival of departmental documents and records;
• Ensure that assistant’s work is up to required standards;
• Offer on-on-the job training to develop accounts assistant knowledge and understanding of the customer’s ledger activities;
• Perform end of year performance appraisals for assigned staff;
• Any other duties that may be assigned from time to time by management.

Contacts
• Creditors
• Departmental heads

Knowledge

• High level understanding of management, financial and business practices
• High level understanding of credit and liquidity risks and their management
• High level of Information Technology and Computing
• Debt management knowledge

Qualifications
• Holder of a University degree either in Business, Finance or Accounting from a reputable university
• Certified Accountant CPA (K) or ACCA
• Certified Credit Professional Kenya would be an added advantage
• At least 7 years credit control experience 2 of which should be in a Supervisory level
• Proficiency in a computerized environment with ability to use specialized ERP software
• Demonstrate proficiency in use of computer especially Microsoft office applications

Skills
• Honesty and discretion
• Good time keeping
• Willing to work according to the needs of the business
• Self starter
• Proactive worker
• Self motivator
• Supervisory skills
• Ability to meet deadlines
• Numerate with organization skills

Qualifications

Degree or Masters in Accounting and Finance

Work Hours: 8


Experience in Months: 84

Level of Education:
Postgraduate Degree

Job application procedure

Interested and qualified applicants may send their resume directly at hr@kerchansheequipment.com 
*Only shortlisted candidates will be contacted.


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Ethiopia
Job Type: Full-time
Deadline of this Job: 02 July 2022
Duty Station: Addis Ababa
Posted: 23-06-2022
No of Jobs: 1
Start Publishing: 23-06-2022
Stop Publishing (Put date of 2030): 23-06-2065
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.