• Manage the collections process by monitoring overdue accounts, negotiating repayment terms, and implementing collection strategies to minimize delinquencies and maintain a healthy cash flow.
• Keeping abreast of industry trends and market conditions is crucial to assess potential impacts on credit risk, with regular reporting on key credit metrics and performance indicators to support strategic decision-making processes.
• Collaborating with various departments, including sales and finance, to establish and uphold efficient communication channels is vital, offering valuable insights and recommendations on credit terms, limits, and risk mitigation strategies.

Skills

• Regulatory Compliance: In-depth knowledge of financial regulations and compliance is crucial for a credit manager to ensure that credit practices align with legal requirements. This includes staying updated on relevant laws and industry standards to avoid legal complications.
• Ensures strict adherence to financial regulations and compliance standards, keeping credit practices aligned with legal requirements.
• Exhibits advanced analytical abilities to assess credit risks through thorough examination of financial data and reports.
• Exhibits a commitment to staying informed about regulatory changes, implementing necessary adjustments to guarantee ongoing compliance.