Credit Control Manager

HL Building Materials Pte Ltd; Singapore; On-site; SGD 75,000 - 100,000; Full time

Job summary

A leading building materials supplier in Singapore is seeking an experienced Credit Manager to oversee credit applications and manage a credit control team. This role involves evaluating customer credit risks, ensuring compliance with credit policies, and negotiating payment arrangements with delinquent clients. The ideal candidate will possess at least 8 years of relevant experience, including managerial duties, and have a strong understanding of credit control and business law. A degree in Business or Commerce is essential. Transport provided at Woodlands and Jurong East MRT stations.

Benefits

Transport provided at Woodlands and Jurong East MRT station

5 days work week

Qualifications

• Minimum 8 years of experience in a similar function with 3-5 years of managerial experience.
• Strong understanding of credit control policies, contract and business law.
• Knowledgeable about current economic outlook and market credit performance.

Responsibilities

• Evaluate credit applications and perform credit checks on new and existing customers.
• Manage and liaise with credit insurance to ensure customers' credit limits.
• Supervise the credit control team and resolve disputes.

Skills

Credit risk analysis

Negotiation skills

Interpersonal skills

Education

Degree or Diploma in Business/Commerce

Job description

• Evaluate credit applications and perform credit checks on new and existing customers

• Manage and liaise with credit insurance to ensure customers' credit limits in place

• Assess and prepare internal approvals for credit limits when necessary

• Conduct credit risk analysis and regularly review customer portfolios to minimize bad debt and optimize receivables

• Handle disputes and negotiate payment arrangements with delinquent customers to recover outstanding debts

• Ensure credit control processes and procedures are in compliance with company standards and policies

• Supervise the credit control team and work closely with clients and internal business units to resolve dispute

• Timely collection and reduce exposure to potential bad debt

• Recommends to stop delivery to customers who fail to pay promptly

• Recommends to take legal action against problematic customers

• Update management any credit related development in order to mitigate the credit risk

• Degree or Diploma in Business / Commerce or related field

• Minimum 8 years of experience in a similar function and with 3-5 years of managerial experience

• Strong understanding of credit control policies, contract and business law

• Knowledgeable about current economic outlook and situation and kept abreast of overall market credit performance

• Excellent interpersonal and negotiation skills

• 5 days work week

• Transport provided at Woodlands and Jurong East MRT station