Vacancy title:
Head of Credit
Jobs at:
Avenue HealthcareDeadline of this Job:
15 July 2022
Summary
Date Posted: Wednesday, July 13, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Job Objective/Purpose
• To efficiently manage the credit team to ensure that they maintain the Group’s Debt portfolio at a reasonable minimum and that payments due to the Avenue Group are effected and collected on time.
Key Responsibilities
• Effective supervision and management of the Accounts Receivables team
• Ensure effective Debt collection from Insurance & Direct Credit Companies as per agreed contract terms
• Timely preparation of monthly debtor’s report including monthly collections, aging analysis, DSOs, collections rates, accurate commentaries.
• Ensure that client statements are sent out by 5th of Every month.
• Timely &correct receipting& allocation of payments
• Propose credit notes to be passed for approval by CFO/FC.
• Recommend suspension or withdrawal of facilities to companies where appropriate and obtain approvals for facility suspension/withdrawal from the CFO.
• Regularly review and refer all inactive debtors above 60 days to approved external debt collectors.
• Timely reconciliations of all Insurance & Direct Credit Companies
• Attainment of set DSOs for all Insurance & Direct Credit Companies.
• Timely collection of all staff credit accounts and suspension of accounts where staff are non-compliant
• Ensure the Debtors database is timely and accurately updated.
• Liaising with external debt collectors and preparing payable debtor commission reports.
• Develop and motivate a cohesive, efficient & effective Accounts Receivable Team
• Any other duty as assigned by the supervisor in line with the job description.
Personal Specifications
• Bachelor’s Degree in Finance
• CPA-K
• 5 years’ experience
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Application documents (CV and Certificates) must be emailed to vacancies@avenuehealthcare.com with the job position you are applying for as the subject of the email by 15th July 2022.
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