Fareast Merchantile Company Limited. The Chanrai Family put down roots in Nigeria in 1890 with trading at the centre of all commercial activity. Today, Fareast Mercantile Co. Limited our flagship company in West Africa has dedicated its resources to supply chain management through the import and distribution of products covering branded food, fmcg, appliances and tires for the best multi-nationals in the world. A product portfolio spanning 1500 SKUs is managed with a capable professional team, robust infrastructure and strong delivery systems to ensure availability of products covering 93% of the throughput of the country. Other subsidiaries in the group focus on pharmaceutical distribution with a dedicated resource for institutional business in the area of health. Diversification into assembly of air conditioners in June 2003 was the first step towards backward integration with a view to import substitution, self reliance and creation of employment…bearing in mind the Government’s plan to put Nigeria on the road to industrialization.
Job Title: Credit Controller
JOB OVERVIEW
- Is responsible for the trade marketing activities across the different channels and locations, in line with the overall Trade Marketing and Communication strategy. In having customer satisfaction as main priority, is the contact point/person between marketing department, product management and sales teams to ensure achievement of sales and budget objectives.
DUTIES & RESPONSIBILITIES
- Ensure a close liaison between the credit controller and the marketing /sales department so that credit issues
- Deciding whether or not to offer the credit
- Setting up the terms and conditions of the receivable and payable balances
- Dealing with internal queries about payments, ensuring customers pay on time and negotiating re-payment plans.
- Assist in the setting up of the credit control system
- Ensure that debts are paid in a timely manner
- Meet cash & debtor day targets set by the Firm
- Chase overdue invoices by telephone, email & letter within agreed timescales
- Maintain accurate records of all chasing activity
- Regularly making contact with customers to ensure all relevant debts are managed as necessary
- Identify changes in payment patterns and propose action to avert indebtedness
- Ensure that all transactions are compliant with Company’s policies and government regulations
- Handle disputed bills and negotiate to bring payment within the agreed terms
- Provide accurate advice on billing queries
- Respond promptly and completely to both client and internal enquiries
- Propose write off of irrecoverable receivables
- Providing ad-hoc reporting as and when requested by management
- Undertake account reconciliations as required
- Ensure monthly processing deadlines are met as required
- Send out monthly client statements/letters as may be agreed from time to time
- Develop the credit management capability within the practice
- Other duties as delegated from time to time by the CFO or Finance Manager or and other person designated in their absence
- University degree in Accounting/finance/economics or related courses.
- Professional Accounting certification or post graduate qualification in finance.
- Minimum 4-6 years in accounting/finance/credit control functions preferably in a manufacturing/trade
- Prior experience in performing accounts receivable & accounting functions according to established
- Firm and organized.
- Good team management skills
- The ability to work in a team and individually
- Sound decision-making capability
- Excellent written and verbal communication skills
- Good attention to detail
- The ability to work under pressure and to deadlines
- Good business judgment
- A good head for numbers
- Sound Computer Skills (Especially excel and other statistical/accounting packages)
How to Apply
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