About this role
Credit Control Officer
Job Type Full Time Qualification BA/BSc/HND , MBA/MSc/MA , Professional Certificate Experience 4 years Location Lagos Job Field Sales and Business Development Salary Range Above ₦1,000,000/month
Primary Job Responsibilities [In Summary]
- Develop and implement credit policies and guidelines to ensure sound credit control practices and compliance with industry standards.
- Evaluate the creditworthiness of customers, clients and partners, making recommendations for credit limits and terms.
- Monitor and manage outstanding debts and overdue accounts, including establishing and maintaining contact with debtors to facilitate timely payment.
- Develop and implement collection strategies to recover outstanding debts and minimize bad debts, including negotiation and settlement arrangements.
- Generate reports on the credit and collection status, providing insights and recommendations for improvement. Ensure that all relevant documentation is maintained.
- Ensure that credit control processes are in compliance with applicable laws and regulations.
Major Requirements
- B.Sc./ HND in Marketing, Sales or other relevant discipline.
- MSc/MBA or relevant Professional certification such as ACA, CFA is an added advantage.
- Minimum of four years’ relevant experience preferably in the FMCG industry.
- Credit policy development and credit control and management.