Deputy Manager AR & Credit

MISSION : The credit analyst is responsible for the management of risk associated with a portfolio of customer accounts within their remit as part of the Groups general credit policy as well as for reconciling commercial objectives with financial imperatives.
Their responsibilities include:
Risk assessment
Making credit limit proposals
Defining guarantees to be obtained
Recommending provisions and bad debt write-offs
In some organizations they may be in contact with Sales and customers; in others with only credit teams.
They will report directly to a credit manager or a Company Finance Director.

KEY EXPECTED ACHIEVEMENTS

• Oversee Accounts Receivable operations across regions driving global process standardization and compliance.
• Establish governance frameworks KPIs and SLA monitoring to ensure efficiency and accountability across AR/Credit teams.
• Deep knowledge of AR and risk associated with customer accounts (credit analysis)
• Defined periodically updated credit limit for all customers based on risk assessment and needs of business
• Guarantees obtained from customers renewed in timely fashion
• Sales (if need be customers) informed of defined credit limit and analysis of underlying risk
• Regular contacts maintained with customers to refine risk assessment share business prospects etc.
• Perform cash applications such as payment allocation to AR invoices Resolve Unallocated Cash Escalate unallocated cash Direct Debit Rejections Partial Payments.
• Managing Prepayments including Notification of advance payment booking and clearing advance payment Customers in Credit Balance Submit payments to customers (Reimbursement) Control of interfaces; reconciliation of errors and resolution.
• Ensure timely reconciliation of customer accounts and bank receipts..
• Analyze financial statements banking records market information and customer profiles to assess creditworthiness.
• Conduct detailed risk assessments for new and existing customers.
• Recommend credit limits payment terms and risk mitigation measures.
• Monitor exposure levels and identify early warning signals of potential defaults.
• Evaluate industry trends and market conditions impacting customer risk.
• Track outstanding receivables and aging reports to ensure healthy portfolio management.
• Implement and monitor risk control mechanisms to minimize bad debts and financial exposure.
• Ensure compliance with internal credit policies and regulatory requirements.
• Prepare daily weekly and monthly MIS reports related to receivables overdue status credit exposure and collections performance.
• Present portfolio analysis and risk summaries to management during business review meetings.
• Maintain accurate documentation for audit-ready records related to AR credit decisions and approvals.
• Escalate critical overdue cases and support legal or recovery proceedings when necessary.
• Ensure adherence to collection targets and DSO (Days Sales Outstanding) goals.
• Support cash flow forecasting through accurate AR updates.
• Ensure timely month-end closing activities related to AR & Credit.
• Preparation of Direct Debit send Direct Debit advice to clients process client returns.
• Leading and managing the AR/credit team build succession plans and enhance organizational capability maturity.

Educational Requirements
This pertains to the degree of education the candidate has completed as a prerequisite in relation to the job function described under Role and Responsibilities.
Masters degree in accounting Finance or Business Administration
CFA FRM

Work Experience
Minimum 6-7 years in the handling Finance related profiles
Experience in Business process outsourcing/Shared service is an advantage.