Credit Manager

The Credit Manager role involves managing the company's credit and collections process to ensure sound financial practices and minimize credit risk. Your responsibilities will include assessing creditworthiness, approving or declining credit applications, setting credit limits, and overseeing collections activities to maintain a healthy cash flow for the organization. You will be responsible for evaluating and analyzing credit applications, financial statements, and other relevant documents to determine the creditworthiness of clients. Additionally, you will develop and implement credit risk assessment tools and models, as well as establish and refine the company's credit policies and procedures to minimize risk while ensuring compliance with regulatory requirements. In this role, you will conduct periodic risk assessments of clients, monitor their credit performance, identify potential risks, and develop mitigation strategies to safeguard the organization's financial assets. You will also maintain accurate records of credit transactions, manage the aging report, and prepare regular reports on credit performance, outstanding debts, and collection activities for senior management. As a Credit Manager, you will supervise and support the credit control team, providing guidance and training to enhance their skills and effectiveness. You will set performance targets, monitor progress, and ensure the team meets organizational objectives. Key Requirements: - Bachelor's degree in Finance, Accounting, Business Administration, or a related field. - Proven experience (X years) as a Credit Manager or similar role in credit risk management. - Strong understanding of credit assessment and risk management principles. - Excellent analytical and decision-making skills. - Proficient in financial analysis and credit evaluation tools. - Strong communication and negotiation skills. - Ability to lead and motivate a team effectively. Preferred Qualifications: - Professional certification (e.g., Certified Credit Professional, CPA) is a plus. - Experience with credit management software and ERP systems. - Knowledge of industry-specific regulations and compliance requirements. This is a full-time position with benefits including health insurance and a performance bonus. The work schedule is during the day, fixed from Monday to Friday with weekend availability. The education requirement is a Bachelor's degree, and the experience required includes 3 years in banking and 2 years in financial analysis. The work location is in person, and the application deadline is 17/10/2024 with an expected start date of 11/10/2024.,