Credit Manager

Placements24; Nuwerus; On-site; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional development

Job summary

Placements24 is seeking a Credit Manager for our client in Kimberley, South Africa. You will lead credit policy development, assess customer creditworthiness, set limits, and oversee collections to minimize bad debt while supporting sales growth.

The ideal candidate holds a Bachelor's degree in Finance/Accounting or related field, with at least 5 years in credit management or A/R, strong financial analysis skills, and proficiency in accounting software.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum 5 years' experience in credit management or accounts receivable.
• Experience in credit risk assessment and financial statement analysis.
• Experience with mining/industrial services sector is a plus.
• Proficiency with accounting software and credit management tools.

Responsibilities

• Develop and implement credit policies and procedures.
• Assess the creditworthiness of new and existing customers through financial analysis and credit checks.
• Set and manage customer credit limits and terms of trade.
• Monitor customer accounts for potential credit risks and take appropriate action.
• Oversee the collections process to ensure timely recovery of outstanding receivables.
• Liaise with sales and legal departments on credit-related matters.
• Prepare regular reports on credit exposure, bad debt provisions, and collection performance.
• Manage relationships with credit bureaus and external collection agencies.
• Ensure compliance with credit policies and relevant legislation.
• Identify and recommend improvements to credit management processes.

Skills

Credit risk assessment

Financial analysis

Negotiation

Analytical thinking

Communication skills

Interpersonal skills

Education

Bachelor's degree in Finance/Accounting/Business Administration or related field

Tools

Accounting software

Credit management tools

Job description

About the Role

Our client, a well-established mining services company operating in **Kimberley**, is seeking a highly competent Credit Manager. This role is responsible for managing the company's credit operations, assessing customer creditworthiness, establishing credit limits, and overseeing the collection of outstanding debts. The Credit Manager will play a crucial role in minimizing bad debt risk while supporting sales growth. Join a stable organization that values financial prudence and offers a professional working environment in **Kimberley, Northern Cape**.

Key Responsibilities

• Develop and implement credit policies and procedures.
• Assess the creditworthiness of new and existing customers through financial analysis and credit checks.
• Set and manage customer credit limits and terms of trade.
• Monitor customer accounts for potential credit risks and take appropriate action.
• Oversee the collections process to ensure timely recovery of outstanding receivables.
• Liaise with sales and legal departments on credit-related matters.
• Prepare regular reports on credit exposure, bad debt provisions, and collection performance.
• Manage relationships with credit bureaus and external collection agencies.
• Ensure compliance with credit policies and relevant legislation.
• Identify and recommend improvements to credit management processes.

Requirements

• A Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• A minimum of 5 years of experience in credit management or accounts receivable, preferably in a B2B environment.
• Proven experience in credit risk assessment and mitigation.
• Strong understanding of financial statements and ratios.
• Proficiency in accounting software and credit management tools.
• Excellent analytical, negotiation, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with customers and internal stakeholders.
• Detail-oriented with a strong sense of responsibility.
• Experience in the mining or industrial services sector is a plus.
• Must be a resident of **South Africa** and able to work from our **Kimberley** office.

Benefits

• Our client offers a competitive salary, performance incentives, medical aid benefits, and a retirement fund.
• Opportunities for professional development are available.
• This role provides a chance to contribute significantly to the financial stability of a key player in the **Kimberley** region's industrial sector. Join a professional and supportive team environment.