NPE Supervisor Credit Controller at Sasol

Purpose of Job

• To implement financial processes, systems and action plans in support of business and financial objectives.
• To manage the debtor’s book according to established accounts receivable policies and agreed terms.
• To implement Credit Management policies and procedures in order to maximize sales and profitability and to minimize bad debts.
• Train and coach credit controllers on the credit policy and collection process/procedure.
• Provide guidance to direct reports regarding compliance to policies and the implementation of operational procedures.
• To ensure timeous debt collection in terms of credit exposure, whilst adhering to internal controls.
• Supervise a team of at least Credit Controllers.
• Performance management and people development in line with a high-performance culture.
• Ensure compliance and corporate governance in debtors reporting, audit work procedures, management of credit exposure, and internal controls within Credit Management environment.

Recruitment Description / Key Accountabilities

• Manage accounts based on Credit Insurance per the signed contract. 
• Notify Credit Risk Manager and Credit Control Manager immediately of any defaults. to enable timeous notification to Insurance provider for timeous settlement. 
• Manage debtor’s book of the Business Unit, within approved credit limit and terms. 
• Reduce overdue and set targets for credit controllers. 
• Constructive relationship with external customers and marketing teams to manage the credit extension in line with business requirements. 
• Check reasons for orders on static block and release orders within authority levels. 
• Release orders for blocked accounts after obtaining approval in line with the Delegation of Authority. 
• Accurate calculation of Monthly rebates/refunds/settlement discounts/ other marketing support initiatives. 
• Ensure timeous query resolution. 
• Conduct age analysis to ensure accounts managed within approved limit and terms to minimize bad debt. 
• Identify doubtful debts and notify the Credit Manager to institute appropriate action. 
• Assist with preparation of bad debt provision. 
• Provide input for justification for bad debt write off. 
• Ensure bad debt write offs are processed in the system. 
• Compliance to company policy. 
• Accurate forecast of potential non-recoverable debt. 
• Adherence to company policy and limits of authority. 
• Ensure compliance to policies and procedures. 
• Implement policies and procedures within the team. 
• Ensure compliance to the provision of SOX/Business Control. 
• Compliance and adherence to all relevant statutory requirements of IFRS, Tax etc. 
• Adherence to Companies Act, NCA etc. 
• Provide accurate information to internal and external auditors. 
• Promote and achieve SHER targets consistently 
• Manage and monitor team performance and ensure that any problems are addressed timeously and appropriately. Effective people management and leadership that supports the Finance Talent Management policy. 
• Ensure that responsibilities and accountability of team members are adequately fixed. 
• Provide training, coaching and mentoring, where required, to team members 
• Contributes and shares knowledge on new AR system. 
• Accurate Credit Management master data maintained.

Formal Education

• University Bachelors Degree

Min Experience

• Experience: 4+ relevant years