About the role
Contexte et environnement
- Meeting of stringent deadlines with regards to timeous reports and audit requirements.
- High degree of responsiveness expected from Commercial divisions.
- Cross-department collaboration.
- Risk sensitivity to high-risk economic cycles in South Africa and business.
- Necessity to analyse rapidly financial information in stressed scenarios.
Activités The incumbent will be responsible for performing the following duties and responsibilities:
Controlling and Reporting:
- To prepare and provide documents to the Credit Committee and ensure alignment to Financial Accounting Standards.
- To perform a Risk Assessment on all new customers (prior to entering into any commercial relationship). This must be based on Internal and External information.
- To analyse the Credit Results on a monthly basis and to provide the Accounts Receivable Manager with a guideline of ensuring accurate and prompt collections in lieu of critical risk elements.
- To provide an accurate and ongoing reconciliation of securities and approved Credit limits.
- To prepare, submit and examine reports pertaining to Customer Accounts Manager.
- To assist in the Credit application document verification process
- To manage sub-portfolio of customers within the credit control department.
- To manage Customer Accounts Banking Control portfolio.
Business Developments:
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Analyse customer financial situations to ascertain strengths and weaknesses and keep commercial teams informed.
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To establish a suitable Credit Limit for customers in line with delegation of authorities.
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To ensure guarantees in place in line with credit risk associated to the customer, or choose no risk payment terms (pre-payment)
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Manage the relationship with external service providers- credit bureau (Inoxico), all credit insurers(Garage Sure,CGIC,Lombard).
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To ensure Credit Insurance claims are submitted timeously to avoid repudiation due to late submission.
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To apply an ongoing reviewing methodology on all Credit limits within the various channels of trade and to monitor and report on all Credit limits changes.
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To ensure P&L budget objectives are adhered to with regards to Bad Debt Provision and Bad Debt write off.
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Establish a control framework (e.g. information systems access and authorities, delegation of Authorities, SOX controls to follow all request of file transfers to Litigation to have a managed approach to minimise the Bad Debt Provisions trader accounts).
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To establish controls/processes to manage Credit Risk exposure to reduce DSO and optimize Working Capital.
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To establish Classification Risk classes.
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Referral of all Acknowledgement of Debts requests to the Customer Account Manager/ Legal/Credit Committee.
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To ensure correct information for auditing purposes and provision plus WCR calculation.
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To define clear segregation of duties between the Credit/Business Support and Sales and Marketing teams.
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To establish and maintain a Credit Risk Policy in conjunction with Customer Accounts Manager, allowing Risk control (calculate and validate credit limits).
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To manage timeous annual credit reviews including:
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Preparation of approval memo for CDMS (9 customers above 20M$).
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Preparation of approval memo for Afrique Direct (16 customers above 4.8 M$).
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To implement clear rules on term setting/conditions of payment in order to minimise the bad debts and to optimise the cash flow from debtors.
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To define the rules in conjunction with Customer Accounts Manager of order blocking and release as per the Group Policy and in terms of Levels of Authority.
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To provide assistance to the Auditors on all requirements (for internal and external auditors).
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To build and maintain relationships with key internal and external customers and stakeholders.
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To ensure a well-managed Credit Risk Department regarding resource allocation and workload.
HSEQ:
- To ensure that Customer files safekeeping and are updated and kept up to date with the required documentation for the approval of accounts and limits.
- To ensure the safekeeping of all documents securing debt.
People management and development:
- To ensure sustainable motivation and talent development within the team.
- To regularly monitor team and individual results and identify problems.
Profil du candidat The following qualification, skills and attributes are essential for success in this role:
- BComm (Accounting, Finance, Commerce) degree is a requirement
- Minimum of 5 years’ experience business related experience
- Understanding of Commercial Law
- Ability to analyse financial statements
Key competencies required:
- Deciding and Initiating Action,
- Adhering to Principles and Values,
- Presenting and Communicating Information,
- Analysing, Planning & Organising,
- Delivering Results,
- Leading and Supervision,
- Meeting of Customer expectations,
- Strong understanding of Credit Analysis and Policies.
- Good understanding of Risk Management Principles.
- Excellent time-management skills.
Technical competencies required:
- Good working knowledge of Accounts Receivable module of Harmonie/SAP
- Good SAP report writing skills,
- Good working knowledge of Microsoft Products
- People management skills is must have.
- English is the working language
Informations supplémentaires TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.
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