JOB TITLE: Credit Manager

JOB TITLE THIS POSITION REPORTS TO: Financial Manager

DIRECT REPORTS: Debtors administration clerks

BRIEF DESCRIPTION OF JOB PURPOSE:
To manage the Debtors Department according to sound financial systems, practices and processes that are compliant with relevant legislation, meet principles of international best practices and that will allow the organisation to achieve its strategic financial objectives.

QUALIFICATIONS, EXPERIENCE, COMPETENCIES:
Qualifications:
• Chartered Accountant, CFA/ relevant financial qualification

Experience:
• 8 years broad-based financial management experience in a relevant industry
• 3 years of which should have been in a similar senior management capacity

Competencies:
• Knowledge of Generally Accepted Accounting Practice (GAAP) and International Accounting Standards (IAS)
• Knowledge of relevant financial legislation (e.g. Public Finance and Management Act)
• Knowledge of Financial Modelling
• Knowledge of Company Business Planning and Business Management principles
• Knowledge of Taxation (Company, Personal, VAT)
• Numeracy
• Attention to detail
• Communication skills
• Planning and organising

Leadership Competencies:
• Driving accountability
• Drive and energy
• Initiating action
• Building and maintaining stakeholder relationships
• Cross-cultural awareness
• Impact and influence
• Organisational understanding
• Business understanding
• Facilitating and managing performance
• Attracting, developing and retaining talent
• Strategic focus
• Articulating and cascading the vision and values
• Decisive insight
• Team leadership
• Communication skills

KEY RESPONSIBILITIES OF THIS ROLE:
1. Financial systems management
2. Financial planning and reporting
3. Financial advice and direction
4. Sound financial management
5. Leadership

MAIN ACTIVITIES OF THIS ROLE:
1. Financial systems management
• Establish and maintain mechanisms for budgeting, financial controls, accounting, reporting
• Establish and maintain a management information system

2. Financial planning and reporting
• Prepare and revise departmental budgets against the business plans
• Compile monthly, quarterly and annual accounts
• Provide accurate financial (including budget and variance) reports and schedules as required

3. Financial advice and direction
• Provide financial inputs into the preparation of Business Plans
• Provide key financial inputs into client risk decisions

4. Sound financial management
• Verify Bank Cash General receipts and payments
• Verify client’s claims and reconcile client statements to income generation
• Ensure compliance of all policies, procedures and systems with legislative, shareholder and statutory requirements (including PFMA, Treasury
regulations) and advise accordingly (incl. advise on corporate governance)
• Monitor adherence to financial systems and processes
• Plan, direct and manage the activities of the department to ensure efficient discharge of accounting obligations in line with GAAP, IFRS and
legislation

5. Leadership
• Manage the section within time and budget
• Plan, select, develop and maintain suitable manpower capabilities for the function
• Develop, lead and maintain a motivated and high performance team
• Identify and timeously address functional related problems and opportunities
• Build and maintain relationships with stakeholders
• Provide financial information direction
• Ensure compliance with relevant legal and statutory requirements and internationally accepted environmental, health, safety and quality
standards