Credit Risk Manager: Rental

Barloworld Equipment; Kempton Park; On-site; ZAR 700,000 - 1,100,000; Full time

Job summary

Barloworld Equipment in South Africa seeks a Finance professional to collect, analyze and present credit/investment proposals to the Credit Committee for rental customers. The role includes debtors management, policy updates, risk assessment, and setting collection targets with a focus on NCA compliance.

A BCom in Finance and Honours with four years’ credit management experience are required. The position requires strong analytical and reporting skills, with proven leadership of direct reports

Qualifications

• BCom Degree in Finance or equivalent.
• Bachelor of Commerce Honours in Finance or related field.
• Four years credit management experience.
• Knowledge of the NCA and other relevant laws.
• Proven track record of direct reports.

Responsibilities

• Prepare and present rental proposals and motivation to the Credit Committee.
• Review and manage contracts entered with mines and other customers.
• Oversee debtors and creditors and provide reporting.
• Set and monitor collection targets with Accounts Receivable Supervisor.
• Review and approve new and existing credit customers and update policies.
• Ensure compliance and process reviews to prevent bypass of credit.

Skills

Credit management

Financial statement analysis

Presentation skills

Stakeholder management

Analytical skills

Education

BCom Degree in Finance

BCom Honours

Job description

Collect the following information, analyse, prepare and present credit / investment proposal to the Credit Committee for rental customers: -

• Commodities (need to understand the difference types)
• Contracts entered with the mine and other customers
• Securities
• Debtors and Creditors
• Economic statistics
• Commodity prices
• Payment history

Group structure for both customer and the customer’s customers

Debtors' management and reporting

Process reviews to ensure that Credit is not being bypassed

Setting and monitoring of collection targets for credit controllers in conjunction with the Accounts Receivable Supervisor.

Credit management and vetting

• Reviewing and approving new and existing credit customers
• Reviewing and updating credit policies and procedures in line with market and legislation
• Preparing rental proposal and motivation for submission to the relevant stakeholders and committees
• Cash collection and management

Qualification and Experience Requirements

BCom Degree in Finance and related field equivalent

Bachelor of Commerce Degree in Finance and related field Honours

Four years credit management experience

Financial statement analysis, Credit granting, knowledge of NCA and other relevant laws, presentation skills, exposure to processes and projects, contract management.

Proven track record of direct reports

Analytical and attention to detail