• Manage the collections process by monitoring overdue accounts, negotiating repayment terms, and implementing collection strategies to minimize delinquencies and maintain a healthy cash flow.
• Evaluating the creditworthiness of potential customers is a primary responsibility, involving a thorough analysis of financial data, credit reports, and payment histories to inform decisions on credit approvals or rejections.
• Playing a critical role in crafting and executing credit policies and procedures is essential, ensuring the organization's strict compliance with regulatory standards and industry best practices to enhance the credit management framework.

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.
• Proactively addresses credit challenges with a solution-oriented mindset, ensuring prompt and effective resolution of payment issues.
• Maintains a deep understanding of financial laws and regulations, ensuring all credit activities are in strict accordance with industry standards.
• Exhibits a commitment to staying informed about regulatory changes, implementing necessary adjustments to guarantee ongoing compliance.