Agrochemicals Company Senior Credit Officer Jobs in Nairobi, Kenya

Agrochemicals Company Senior Credit Officer Jobs in Nairobi, Kenya


  • Our client is a medium sized company based in Nairobi that imports and distributes a wide range of agrochemicals to farmers and farms in Kenya.

  • They seek to hire a well-experienced Credit Officer tasked with the implementation and oversight of the company’s credit policies and procedures.

    Key Responsibilities

    Credit Control Procedures

  • Contribute in design and implementation of an elaborate company credit control policy.

  • Review the company credit procedures and develop and implement enhancement where required.

  • In conjunction with Sales and and Finance & Administration Manager, design appropriate credit limits for each customer.

  • Manage the outstanding sales balances by designing and implementing an appropriate means of collections while ensuring the Direct Debit Payment System among corporate clients is appropriately monitored and documented.

  • Ensure credit limits are adhered to as per regulations existing at the time.

  • Keep the company up to date with new credit management procedures and techniques.

    Debtors Records / Information

  • Ensure that master file data relating to credit management in the accounts receivable ledger is accurate and up-to date at all times.

  • Reconcile transactions and balances on a fortnight basis to ensure accurate debtors accounts.

  • Ensure that payments are correctly allocated, to appropriate accounts and against the appropriate invoice(s).

  • Ensure that set procedures and control of invoices, credit notes etc. are followed.

  • Be the custodian of the company debtors’ record for the overall debtors’ asset portfolio.

  • Maintain accurate and up to date clients’ accounts records by setting up and maintaining client files.

  • Obtain and maintain sufficient information to assess the credit worthiness of new and existing clients.

  • Assist in generation of legal documents for use in the credit function.

  • Ensure statements are sent to customers by first day of every month (hence need to constantly collect and update customers’ contact address).

    Reporting

  • Prepare monthly aging analysis for Ledger account balances.

  • Ensure that confirmation of clients’ accounts balances are properly prepared and mailed to customers within the required time.

  • Attend fortnight and monthly meetings of the Credit Committee.

  • Ensure that the monthly evaluation report on the collection target by company clients and field sales team is ready by first Monday of the month.

  • Prepare monthly collection forecasts and aged debt analyses to be presented to the Director by the last day of the month.

    Debt Management

  • Proactively follow up payment of outstanding invoices and ensure credit allocated to customers is monitored and controlled effectively.

  • Optimize cash flow by reducing average collection days within company’s policies and procedures.

  • Handle any disputed accounts to ensure that payments are in line with company credit policy.

  • In liaison with customer service and field sales staff, investigate and resolve queries on customer accounts.

  • Initiate and enforce ‘Stop Supply Orders’ to overdue accounts.

  • Negotiate payment schedules with bad debtors, clients in financial difficulties and/or arrange for goods possession or re-possession to cover for the outstanding debt.

  • Handle any disputed accounts to ensure that payments are in line with the company credit policy.

  • Recommend/Justify debt write-offs to the management in line with laid down regulations.

  • Identify bad debt accounts requiring assistance from a collection agency or legal action and co-ordinate collections with such third party contractors.

  • Ensure that there is no relapse on order-to-cash (OTC) audit findings.

    Skills & Qualification

  • Bachelor’s Degree/ Diploma in a finance related field

  • Qualifications in CPA/CCP will be an added advantage

  • At least 5 years of credit control experience, preferably in a busy microfinance set-up

  • Proven track record of achieving collection targets

  • Excellent communication skills

  • Must have a driving license

  • Must be at least 31 years

  • Male candidates are encouraged to apply

    N.B

  • 5 years of credit control experience is a must

  • Must be at least 31 years old

  • Must have a valid driving license

  • Male candidates are encouraged to apply

    How to Apply

  • If you are up to the challenge, possess the necessary qualification and experience; please send your CV only quoting the job title on the email subject (Senior Credit Officer – Distribution Company) to jobs@corporatestaffing.co.ke on/before Friday 4th September 2020

    N.B

  • We do not charge any fee for receiving your CV or for the interviewing process.

  • Only candidates short-listed for an interview will be contacted.

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