(This role is seeking for female profiles)

Experience & Education Requirements:

5-7 years of experience in Credit and Business Controls

ACCA, CIMA, or MBA in Finance from a reputable institution

Key Responsibilities:

Accounts Receivable:

Supervise the Accounts Receivable function

Reconciliation of customer accounts

Quarterly activity for FOC

Resolve customer account issues and clearings

Ensure timely collection recordings and adjustments

Manage unapplied credit balances

Oversee Income Tax Deduction Certificates and adjustments in customer accounts

Coordinate Balance Confirmation Letter activity twice a year

Implement group AR policy

Credit Management:

Release credit orders according to DOA (based on overdue status from the commercial team)

Perform risk screening via the D&B Portal for customer account creation and status changes (inactive to active)

Adjust credit limits and payment terms in the system (CDMS & CCMS) based on business needs

Remove credit limits from inactive and disputed accounts

Collaborate with the commercial team to manage DSO and collections from the previous year’s relevant period

Approve or reject credit limits generated by the Data Science Model (with necessary approvals)

Forecast payments, provisions for the next month, and debtors ageing

Coordinate with the commercial team to collect required payments and reduce provisions

Review open documents at month-end for material returned cases and initiate write-offs

Liaise with legal teams in case of disputes with customers

Block inactive accounts and unblock when required by business needs

Incorporate credit notes following DOA

Provide necessary data to external and internal auditors for the mentioned domains and sales

Finalize commercial team collection incentives

Manage freight and shade charges removal from the system

Perform YPCM and month-end controls (T-codes required on the last day of the month)

Release debit notes for scrap

Facilitate testing processes on the quality server

Business Controls:

Oversee the Key Control Framework (KCF) for functions under global controllership supervision and drive action points

Coordinate risk questionnaires

Collaborate with the global controllership team for clarification on policies and best practices

Ensure compliance with local DOA (Delegation of Authority)