Credit Control Specialist

About the Job

• Check Client credit limit and approve or reject releases based on company policies & regulations
• Negotiate payment plans with clients and/or sales team and follow up on credit terms & outstanding balance
• Maintain accurate records of credit & Cash clients, analyze the effectiveness of the company’s credit control system and implement changes to improve profitability and reduce bad debts
• Ensure that clients remit payment on timely basis and chase any overdue invoices
• Develop the credit control system in collaboration with Sales, accounting and company management
• Improve and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessary
• Maintain & update Clients master data and ensure no duplications including creating new clients
• Monthly aging reports and reconciliation for requested clients
• Application for cash deposit and collected cheques
• Review & approve refund to clients
• Ensure periodic statements are sent to clients