Financial Risk Manager

6 days ago


Nairobi, Nairobi Area, Kenya Employd Staffing Solutions Ltd Full time
Company Overview
Employd Staffing Solutions Ltd is a leading recruitment agency that specializes in providing top talent to various industries. Our mission is to deliver exceptional service and build long-lasting relationships with our clients.

Salary Package
The successful candidate will be offered a competitive salary ranging from 40K to 50K per annum, depending on experience.

About the Role
We are seeking an experienced Credit Controller to join our team. As a key member of our finance department, you will be responsible for developing and implementing credit control policies, procedures, and strategies to minimize credit risk. Your primary objective will be to ensure timely collection of outstanding balances while maintaining excellent relationships with customers.

Key Responsibilities
- Develop and implement credit control policies, procedures, and strategies to minimize credit risk
- Follow-up on outstanding balances and maintain effective communication with customers
- Prepare and present detailed reports on credit control performance, including aging reports, cash flow forecasts, and bad debt provisions
- Build and maintain strong relationships with customers, resolving disputes and queries promptly and professionally
- Lead the credit department in achieving its objectives by setting departmental and individual goals, developing staff, and providing feedback and appraisal to maximize departmental performance
- Ensure all internal emails received in the department are responded to and addressed within 24 hours
- Monitor and manage concentration risks in the credit portfolio
- Reconcile client accounts in cases of dispute
- Maintain and develop professional and technical credit knowledge through training programs, meetings, staff forums, and other initiatives

Required Skills and Qualifications
- Bachelor's degree in finance, accounting, business administration, or a related field
- A minimum of 3 years' experience in collections and credit control roles
- Strong understanding of credit risk management and debt collection processes
- Excellent analytical and problem-solving skills, with the ability to interpret data and make informed decisions
- Strong communication and negotiation skills, with the ability to effectively interact with internal and external stakeholders
- Proficient in Microsoft Office suite, particularly Excel, and different back-office systems
- Knowledge of relevant laws, regulations, and industry best practices related to billing, credit control, and collections
- Proven track record of successfully implementing process improvements and driving positive change
- Ability to meet tight deadlines


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