Job Purpose:
The Director, Credit Control position is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses. Structuring and maintaining best in class collection procedures including dispute management resolution to avoid aging provision and to achieve forecasted cash days targets. Director, Credit Control will create and drive standard, best in class processes across the region to both manage risk and enable the sales organization.
Responsibilities:
Maintain a sufficient department/organizational structure to meet all goals and objectives
Provide education, training and motivate the credit and collections staff to achieve targets set
Plan for AOP/Forecast (Credit Cost & DSO) and measure department performance with appropriate metrics
Manage relations with Factoring and 3rd Party Financing companies
Manage relations with credit reporting and collections agencies
Manage relations with Credit- and other Insurance providers
Manage close relations with Resellers and Vendors (external) as well Sales, Marketing and other (internal) Customers
Maintain the corporate credit policy and recommend changes to senior management
Create and maintain risk reduction programs such as rating-tools, as well cont. develop on fraud detection processes
Manage periodic customer credit files and Country portfolio risk reviews
Monitor the credit granting and updating process / review cycles
Accept or reject the staff\'s credit recommendations and personally investigate on the largest customer credit applications
Visit customers and interact with external Companies, Vendors as well Customer events
Monitor deductions being taken by customers and organize on management reporting and customer meetings
Manage Finance Solutions Programs/Offerings, as well develop on other alternative financing options
Participate on and support WW Projects and share best practices with the WW Finance and Credit Community
Knowledge, Skills and Experience:
10 years in similar position and/or credit background / experience
Bachelor\xe2\x80\x99s degree (or similar) in accounting, finance, economics, or business and experience with credit scoring and collection systems. MBA and credit certification preferred
Strong negotiation skills and willingness to periodically travel to customer sites
Able to interact with senior leaders, create and present professional presentations, and drive strong leadership within the finance organization. Collaboration, influence and inclusion skills are important
Fluent English skills (spoken/written)
What\xe2\x80\x99s In It For You?
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