Credit Finance Manager
2 weeks ago
Company Overview:
Signet Resources is seeking a seasoned Credit Finance Manager to oversee the credit control processes for our clients in Europe, ensuring timely payments and maintaining strong customer relationships.
Key Responsibilities:
- Credit Management: Manage and maintain credit control processes for clients, ensuring adherence to company credit policies.
- Debt Collection: Proactively contact clients via phone, email, or written communication to chase overdue invoices and ensure timely payment of outstanding balances.
- Account Reconciliation: Reconcile customer accounts, resolving any discrepancies related to payments or invoicing, and investigate customer queries.
- Aging Report Monitoring: Regularly review aging reports and manage the recovery of overdue accounts.
- Risk Assessment: Assess creditworthiness of new and existing customers, setting appropriate credit limits in line with company policy.
- Negotiation: Negotiate payment plans or settlement agreements with customers when necessary.
- Cash Application: Ensure all incoming payments are applied accurately and promptly in the accounting system.
- Reporting: Prepare weekly and monthly reports on outstanding debts, cash collections, and customer payment trends for senior management.
- Compliance: Ensure that all activities comply with relevant local laws and regulations, particularly regarding credit terms and debt recovery.
- Collaboration: Work closely with sales, customer service, and the finance team to resolve issues and maintain a smooth credit control process.
- Process Improvement: Identify and recommend process improvements to enhance the efficiency of the credit control function.
Requirements:
- Language Skills: Fluency in Polish or Czech (both spoken and written) is required. Proficiency in English is also essential.
- Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field is preferred.
- Experience: 2-4 years of experience in credit control, accounts receivable, or a related financial role.
- Technical Skills: Strong knowledge of credit control procedures and experience with accounting/ERP systems (e.g., SAP, Oracle, QuickBooks) and Excel (pivot tables, VLOOKUP, etc.).
- Communication Skills: Excellent verbal and written communication skills, with the ability to handle difficult conversations professionally.
- Negotiation Skills: Strong negotiation and problem-solving skills to manage debt recovery effectively.
- Attention to Detail: High level of accuracy and attention to detail in managing customer accounts and processing payments.
- Organisation: Ability to prioritise tasks, manage multiple responsibilities, and meet deadlines in a fast-paced environment.
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