CREDIT CONTROLLER

CTR Manufacturing Industries Ltd. is looking for CREDIT CONTROLLER to join our dynamic team and embark on a rewarding career journey

• A Credit Controller is responsible for managing the credit and collection activities of an organization
• They ensure timely payment from customers, minimize bad debt, and maintain healthy cash flow
• Credit Controllers work closely with customers, sales teams, and other stakeholders to establish credit terms, monitor outstanding balances, and resolve payment issues
• They play a crucial role in maintaining strong financial relationships with customers while safeguarding the financial interests of the organization

Key Responsibilities:

• Establish credit policies and procedures to guide credit approval processes and manage credit risk
• Evaluate customer creditworthiness by analyzing financial statements, credit reports, and payment history
• Set credit limits and terms for customers based on risk assessment and business requirements
• Monitor customer accounts to ensure adherence to credit terms and timely collection of outstanding payments
• Contact customers regarding overdue payments, resolve payment discrepancies, and negotiate payment plans if necessary
• Maintain accurate and up-to-date records of customer transactions, payment history, and collection activities
• Work closely with sales teams and customer service representatives to resolve billing and payment issues
• Collaborate with legal teams or external agencies for debt recovery and legal action, if required
• Prepare regular reports on accounts receivable, aging analysis, and credit risk assessment for management review
• Conduct regular credit reviews and reassess credit limits based on changing customer circumstances or creditworthiness