Credit Control & Business Analyst (Assistant Manager)

Credit Control Responsibilities:

• Credit Management: Oversee and manage the company’s credit control processes, ensuring timely collections from partners and clients (banks, insurance companies, etc.).
• Accounts Receivable Monitoring: Regularly monitor accounts receivable to ensure all dues are paid in a timely manner and within credit terms.
• Credit Risk Assessment: Assess the creditworthiness of clients and partners, setting appropriate credit limits.
• Collections Process: Design, implement, and optimize processes for the collection of overdue accounts while maintaining a strong relationship with business partners.
• Debt Recovery: Initiate appropriate actions for overdue debts, including liaison with external debt recovery agencies where necessary.
• Reporting: Prepare and present monthly credit control reports to senior management, detailing outstanding debts, credit risks, and collection performance Reporting.
• Cash Flow Management: Contribute to cash flow forecasting by accurately projecting collections.

Business Analysis Responsibilities:

• Financial Analysis: Analyze financial data and trends related to credit control and cash flow, providing actionable insights for decision-making.
• Cost Analysis & Control: Perform cost analysis, identifying areas for cost reduction and profitability improvement across the business.
• Budgeting & Forecasting: Assist in the preparation of the annual budget, forecast, and variance analysis, ensuring alignment with company goals.
• Performance Metrics: Develop and monitor key performance indicators (KPIs) relevant to credit control, cash management, and overall business performance.
• Business Process Improvements: Evaluate and recommend process improvements for credit control and financial operations, aiming to enhance operational efficiency.
• Reporting & Presentation: Compile and present detailed business performance reports to senior management, summarizing key trends, risks, and opportunities.
• Collaboration & Stakeholder Management:
• Internal Collaboration: Work closely with the Finance Manager, business units, and the wider finance team to support business objectives.
• Cross-functional Teams: Engage with cross-functional teams (sales, operations, etc.) to align credit control efforts with business development and growth strategies

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Professional certifications such as CPA, ACCA, CIMA, or CFA are preferred.

Experience:

• 5+ years of experience in a finance or credit control role, ideally in a bancassurance, financial services, or insurance industry.
• Proven experience in credit risk assessment and management.
• Experience with financial modeling, budgeting, and performance analysis.
• Proficiency in financial analysis tools and credit control software.
• Strong knowledge of accounting principles and practices.
• Advanced Excel skills and experience with ERP systems (SAP, Oracle, etc.).
• Excellent analytical and problem-solving skills, with a focus on data-driven decision-making.
• Ability to interpret financial data and provide actionable insights.
• Strong verbal and written communication skills, with the ability to present complex information clearly.
• Ability to collaborate and build relationships with internal and external stakeholders.
• Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
• Detail-oriented, with strong organizational skills.