Starke Ayres: National Credit Manager

Starke Ayres (Pty) Ltd.; Gauteng; On-site; ZAR 700,000 - 900,000; Full time

Job summary

A leading supplier of vegetable, flower, and lawn seeds seeks a National Credit Manager in Kempton Park, Gauteng. This management role involves overseeing credit processes, collecting debts, and managing credit risk while ensuring compliance with company policies. The ideal candidate will have relevant educational qualifications and a track record in credit management within the FMCG or retail sectors.

Qualifications

• Essential: Credit Management Diploma.
• Preferential: B.Com Accounting.
• 5 years as a credit controller, 3 years as a senior credit controller.

Responsibilities

• Oversee debt collection processes and compliance with credit policies.
• Monitor accounts and implement restrictions for overdue payments.
• Report on cash flow and collections to management.

Skills

Analytical Skills

Time Management

Process Management

Education

Credit Management Diploma

B.Com Accounting

Job description

Description

Starke Ayres is the foremost African specialist and global supplier of premium vegetable, flower, and lawn seed varieties – both for commercial and home garden planting. The following position has become available for a National Credit Manager, based in Kempton Park. The purpose of this role is to oversee efficient collection of debt and to assume overall responsibility for the company’s credit granting process, including the consistent application of the credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers.

Responsibilities

Credit Risk Management

• Control the opening of all new accounts.
• Establish the credit rating/worthiness of new account applications.
• Impose limitations on credit facilities where required.
• Motivate granting of extended credit facilities where requested to the Financial Director.
• Monitor the status of all accounts on an ongoing basis.
• Adhere to company policies and procedures.

Credit Control Operations

• Authorize credit controllers’ journal entries.
• Monitor reconciliations, including COD accounts, on a regular basis.
• Implement supply restrictions where accounts persist in being overdue for payment.
• Visit key/problem accounts to address issues and resolve outstanding debts.
• Address outstanding accounts with customers and solicit assistance from regions in collecting outstanding debts.
• Visit clients with Reps and managers.

Collections & Legal

• Hand over outstanding accounts for collection where required and handle all legal matters and correspondence involved.
• Handle all legal matters and correspondence relating to liquidations and other bad debts.
• Make every effort to prevent any outstanding account from becoming a bad debt.
• Determine a bad debt provision for the financial year and submit a bad debt write-off list for year-end to the Financial Director.

Cash Flow & Reporting

• Produce a monthly cash flow forecast.
• Generate due date monthly target goals for debt collection.
• Weekly report on target achieved to credit controllers.
• Weekly report on COD to depots and monitoring of any irregularity in policy.
• Monthly reporting on local and international results and ageing.
• Daily monitoring of collections and bank allocations.
• Monitor bank statements.
• Release forex funds and request authorisation on next mandate level.

People Management & Leadership

• Appoint credit controllers and other staff within the debtors department.
• Determine the training needs of personnel within the department and implement suitable and approved training programmes.
• Evaluate the performance of departmental personnel on a regular basis.
• Motivate and support debtors personnel, always ensuring high morale and productivity.

Requirements

Education

• Credit Management Diploma (essential)
• B.Com Accounting (preferential)

Experience

• 5 years as a credit controller
• 3 years as a senior credit controller
• Strong analytical, processes, and procedures skills
• FMCG/Retail experience advantageous (or systems experience)
• Time management and deadline driven

Other

• Willing to travel to Cape Town regularly.

Work Level: Management

Job Type: Permanent

Salary: Market Related

EE Position: No

Location: Gauteng