Credit Officer

Job Scope The Credit Officer is accountable for applying the company credit and collection policies and practices while implementing internal control systems. S/He assesses the creditworthiness of existing and/or prospective clients, examines and reports financial transactions and credit history. Main Duties and Responsibilities Maximize the accounts receivable performance and mitigate risks through timely collections and accurate follow-up on due amounts Approve the credit line for small to mid-sized customer accounts within the approved insurance limit Deal with customer credit issues in coordination with the sales team and other departments on a regular basis Ensure postdated cheques are collected and deposited on time Prepare and send the balance confirmation and monthly statements to clients and report on status to concerned Build and maintain the customer credit files with the necessary supporting documents and update them regularly Coordinate with the sales team on credit actions as and when necessary Position Requirements Education Bachelor’s degree in Finance, Accounting or any other related field Experience At least 2 years of relevant experience. Show more Show less