Internal/Credit Control

Job-                  Internal / Credit Controller.

Level-              Managerial.

Schedule-         Full time.

Location-         Port Harcourt, Rivers State.

Posting-           28th March, 2018.

Closing Date-   17th April, 2018.

Key Responsibilities.

Credit Management.

  • Monitoring and follow up on customer’s credit situation by reviewing Receivables from time to time.
  • Dealing with internal enquiries relating to payments, ensuring customers pay on time and channelling re-payment plans to Executive Management through the Financial Controller.
  • Ensuring customers’ debts are paid in a timely manner.
  • Meeting cash & debtor collection targets set by the Firm.
  • Follow up on overdue invoices via telephone, email & letter within agreed timescales and maintaining regularly contact with customers to ensure all due debts are paid on or before due dates.
  • Maintain accurate records of all activity.
  • Identify changes in payment patterns and propose actions to avert bad debt.
  • Handle disputed bills through proper reconciliation and follow up to bring payment within the agreed terms.
  • Respond promptly and completely to both client and internal enquiries on customers’ debts/receivables.
  • Propose to Executive Management for approval through the Financial Controller the write off of irrecoverable receivables/debts.
  • Providing ad-hoc reporting as and when requested by management.
  • Undertake account reconciliations as required.
  • Send out monthly client statements/letters as may be agreed from time to time.
  • Other duties as delegated from time to time by the Financial Controller or Finance Manager or any other person designated in their absence.
  • To identify any customers that have stopped paying or pay late and liaising with the respective Business unit Manager the next step either recommending a stop in service or start a legal action to collect the money owed.
  • To regularly review the company’s debt recovery procedures.

 

Internal Control

  • Ensure total adherence to the company policy and procedures.
  • Daily review/check of posting done by Finance staff to facilitate early detection of errors.
  • Conduct periodic (monthly) stock taking. He/ she will agree physical stock to the systems records and differences if any must be investigated and resolved.
  • Continuous review of processes in order to ensure that inherent process gaps that could lead to error and fraud are closed out immediately once noticed.
  • Check and ensure that are no wastages and leakages in our admin and procurement transactions.
  • Review of bank charges on monthly basis in order to ensure early detection and to ensure that wrong charges are immediately reversed by banks.
  • Fixed assets verifications.
  • Review and ensure compliance to regulations and laws governing oil and gas industry.
  • To carry out investigation of abuses, error, fraud etc., recommend according to human resources sanction grid and report same directly to the CEO for immediate action.
  • To check and ensure that all statutory deductions as taxes are remitted as and when due.
  • To render weekly exceptions report with appropriate recommendations.

 

KNOWLEDGE, COMPETENCIES & EXPERIENCE:

 

Knowledge:

  • Computer literacy, experience in using computer system, Word and Excel.
  • Good understanding of financial accounting, Fraud auditing, Data mining and analytic, risk management assurance and business processes.

 

Competencies:

  • Managerial skills.
  • Excellent communication skills at all levels, clear presentation and reporting skills.
  • Strong negotiation skills.
  • High standard of numeracy, accuracy with attention to detail.
  • Service-oriented and proactive team player.
  • Outgoing and confident personality who is able to operate at all levels.
  • Willingness to make decision.
  • Strong organizational & time management skills
  • Able to motivate and challenge team members.

 

Experience:

  • Minimum of 7 years in auditing and credit collection management with at least 2 years managerial experiences from a consulting or Oil / Gas industry.
  • Proven track record in effective credit management.

 

Professional Qualification:

Degree in Finance or Accounting Economics with certification; ICAN, ACA, ACCA and CISA. Master degree / MBA will be an added advantage.

Click here or send an email with your CV and cover letter to hr@librod.com

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