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Credit Manager

Quantum Change Verified

Lahore, Pakistan

Posted Jul 31, 2017 551 views

PKR. 70,000 - 100,000/Month

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Job Description

Basic Function:

The credit manager position is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews, and the assessment of the credit worthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses.

Details:

  1. Being custodian of company’s AR, leading through credit policies and procedures to ensure Company’s AR is issued to quality customers and payment is received in time according to credit terms 
  2. Maintaining Company’s DSO within agreed limit in coordination with Finance
  3. Maintaining overall OD/AR Ratio within approved standard limit on quarterly basis
  4. Coordination with all departments HODs for coherent credit operations
  5. Ensuring strategy to minimize company overall credit risk
  6. Planning of activities step by step over the year in form of Credit Department Business Plan to ensure company credit risk within acceptable limits
  7. Execution of Credit Department Yearly Business Plan within timelines
  8. Credit Analysis presentation to management reflecting credit controls / gaps and actions to control gaps
  9. Review of company credit polices to ensure that polices are amended according to business need and credit polices support in business enhancement 
  10. Credit Staff Hiring, Training, Grooming, Motivation, Retention
  11. Market Visit to benchmark competitor’s credit standards/controls and formulation of policies
  12. Any other task assigned by CFO & seniors

     

Job Details

Industry:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Full Time/Permanent
Job Location:
Gender:
Male
Age:
30 - 40 Years
Minimum Education:
Masters
Degree Title:
MBA Finance/CA Inter/CA Finalist
Career Level:
Experienced Professional
Experience:
5 Years - 10 Years
Apply Before:
Aug 07, 2017
Posting Date:
Jul 31, 2017
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Quantum Change

Education/Training · 1-10 employees - Lahore

HR Training, Recruitment, Organizational Development Consultancy, Retail Consultancy & CSR Event Management

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