Credit Officer in Anambra, Nigeria

Sales / Marketing
Financial Services
Minimum Qualification
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

Reports To: Finance Manager


  • Management of the credit risk associated with the portfolio and ensuring high quality of the portfolio

Key Roles and Responsibilities

  • Monitoring of outstanding sales invoices, debts collection and scheduling meeting with customers towards resolving all disputed payment
  • Analyse and evaluate distributor credit applications in line with company’s credit management policy
  • Review and monitoring of customers’ credit limit
  • Preparation of Weekly and Monthly debtors’ report and collections to Management
  • Responsible for reconciliation of disputed account and negotiates to bring payment into line with terms
  • Preparation of Dealers rebate and debtors provisions schedule to Financial Accountant
  • Respond to all queries on payment by customer and proper treatment of WHT credit notes
  • Maintenance of GL to ensure data integrity
  • Monthly preparation of Prepayments schedules and posting of month end journals
  • Participate in the annual and statutory physical stock taking exercise
  • Assisting in the preparation and coordination of schedules to the Statutory Financial report
  • Preparation of periodic and on-demand account reconciliation with key customers
  • Carry-out APV/Pricing
  • Continually review the existing SOPs and ensure update where necessary to meet current business environment and group standard requirement
  • Create more awareness for staff on SOPs, and ensure adherence to policies
  • Deploy Demand to Cash Policy aiming at reinforcing the internal control in the sales activities

Required Skills and Competencies

  • Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation
  • Good corporate and merchant credit and exposure analysis skills
  • Strong process and project management skills
  • Ability to read and interpret credit bureaus reports, analyze trade experience, and utilize external financial resources to underwrite credit requests
  • Appreciation of finance & investment management principles
  • Ability to use several accounting packages (Sage, QuickBooks, etc.)
  • Knowledge of Microsoft excel, word processing, and other database applications
  • Oral & Written Communication skills
  • Relationship Management
  • Possession of human skill (ability to interact effectively with people - both staff and clients alike)
  • Ability to develop, build and maintain relationships with customers
  • Expert knowledge of credit structuring, cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis and credit arrangements
  • Advanced knowledge of financial modelling techniques and preparation of pro-forma financial statements
  • Excellent presentation, oral and written communication skills

Qualifications and Experience

  • Minimum of 5 years credit control experience in the FMCG or financial industry
  • Age 30 years and below
  • A good University degree or HND in Accounting or related field
  • A recognised professional accounting certification (i.e. ACA, ACCA or equivalent)
  • A post graduate degree or any other qualification/certification will be an added advantage.


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