Credit Control Executive

Yeo Eng Koon (S) Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is looking for a detail-oriented Credit Control Executive to manage credit and collections effectively. In this role, you will be responsible for ensuring healthy cash flow and minimizing bad debts while fostering strong relationships with customers. Your expertise in credit management and debt collection will be crucial in maintaining compliance with company policies. This position offers an exciting opportunity to contribute to the financial stability of the organization and improve credit control processes. If you are skilled in negotiation and have a proactive approach, this role is perfect for you.

Qualifications

• Proven experience in credit control and collections.
• Strong analytical skills for monitoring accounts.

Responsibilities

• Manage and collect debts from company debtors promptly.
• Conduct credit checks and set credit limits based on assessments.
• Prepare regular credit control reports for management.

Skills

Credit Management

Debt Collection

Customer Relationship Management

Risk Assessment

Job description

Job Overview: We are seeking a skilled and detail-oriented Credit Control Executive with proven experience to manage the credit and collections processes for our organization. The ideal candidate will be responsible for maintaining healthy cash flow, minimizing bad debts, and fostering strong customer relationships while ensuring compliance with company credit policies.

Key Responsibilities:

1. Proactively manage and collect debts from company debtors in a timely manner.
2. Conduct credit checks on new and existing customers, setting credit limits based on risk assessments.
3. Monitor customer account details for non-payments, delayed payments, and other irregularities.
4. Negotiate payment plans with customers and follow up on payment commitments.
5. Maintain accurate records of all chasing activity and ensure systems are updated accordingly.
6. Liaise with the sales and customer service teams to resolve any queries or disputes.
7. Prepare regular credit control reports and aged debt analysis for senior management.
8. Recommend accounts for legal action where appropriate and liaise with solicitors or collection agencies.
9. Assist with month-end processes, reconciliations, and audits.
10. Continuously improve credit control procedures and processes.
11. Support in ad-hoc tasks such as billing and receipts.