Manager Credit Controller (Textile or Garment Industry)

Designation: Manager Credit Controller

Job Responsibilities:

• Monitor and manage the credit control processes, ensuring adherence to company policies and procedures.
• Evaluate and assess the creditworthiness of new and existing customers through financial analysis, credit checks and payment history review.
• Set appropriate credit limits for customers based on risk assessment and maintain accurate credit files and records.
• Monitor customer accounts to ensure timely payments and address any payment delays or discrepancies promptly.
• Engage with customers to establish payment plans, negotiate payment terms and resolve billing inquiries or disputes.
• Develop and implement strategies to minimise late or non-payment by customers, including initiating collection actions and negotiating payment plans.
• Coordinating with other departments such as sales, customer service and finance to handle all credit-related matters appropriately.
• Conduct regular credit reviews and reassess credit limits based on payment history and changes in creditworthiness.
• Generate regular reports on accounts receivable, collections and credit risk to management, highlighting areas of concern or improvement opportunities.
• Stay updated on industry trends and best practices related to credit control and propose process enhancements or system improvements when necessary.
• Maintain strong relationships with customers, providing excellent customer service and addressing their queries or concerns related to credit matters.

Desired Candidate Profile:

• Preferable from Textile/ Garment industry.
• Working knowledge in various schemes related to textile industry credit control.
• A bachelor’s degree in finance, accounting, or a related field.
• 5-10 years of experience in similar field.

Salary as per Market Standard.