Job summary

Location:
Cape Town, South Africa, Africa
Career Level:
Not Applicable
Education:
Not Applicable
Job type:
Full time
Positions:
1
Salary:
Market Related
Apply before:
22 Apr, 2015

Credit Analyst

* There have been 5 Applications for this position
* This job opening has been viewed 2308 times
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About this job

Synopsis
A leading company seeks to employ a Credit Analyst to join their growin team to Effectively review, monitor and report on Credit and Risk management at a company level & Ensure effective and consistent management of our debtor’s book towards successful achievement of our national targets and key performance indicators.

Minimum Requirements
Education & Experience

  • Matric and Diploma /B.Tech Credit Management or equivalent B.Comm Degree

Knowledge, Skills & Attributes 
Knowledge :

  • The oil industry
  • Finance and administration
  • Accounting procedures
  • Tax: sales related
  • Legal: sales / debt related
  • Company systems
  • In depth understanding credit and risk management

Understanding of:

  • Profitability within the Oil Industry and Sales & Marketing
  • Organisational ethics

Skills:

  • Above average computer literacy
  • Strong business sense
  • Customer care
  • Leadership skills
  • Decision making
  • Entrepreneurial skills
  • Negotiation skills
  • Conflict management skills
  • Report writing skills
  • Good interpersonal skills
  • Good communication skills (presentation skills)
  • Time management skills
  • Planning and organising
  • Analytical ability

Attributes:

  • Ability to work independently
  • Ability to lead, influence and work with people at different levels
  • Self-motivating and engaging
  • Team-player
  • Stress tolerance and flexibility
  • Ability to prioritise and co-ordinate work
  • Ability to use initiative, self-driven and goal-directed
  • Persuasive
  • Customer service-oriented
  • Innovative
  • Dynamic personality
  • Attention to detail
  • Assertive
  • Integrity

Responsibilities

  • Business Planning and Credit Analysis
  • Risk Management
  • Account Management
  • Business Controls Management
  • People Management
  • Relationship Management

Specific Outcomes

  • Business Planning and Credit Analysis
  • Risk Management
  • Measure risk undertaken by the Company (VAR)

Account Management

  • Business Controls Management
  • Analyzing information and evaluating results to choose the best solution to solve problems
  • Using relevant information and individual judgment to determine whether processes comply with laws, regulations, or standards
  • Evaluate credit processes and controls and make recommendations to increase efficiency in collections and day-to day operations

People Management

  • Relationship Management
  • Liaise and build relationships with Market information service providers
  • Liaise with business units
  • Business plans consolidated
  • Update monthly forecast
  • Variance analysis
  • Minimised credit risk and exposure:
  • Monitor ESMs credit exposures to ensure it is within set credit limits
  • Observe and obtain information from all relevant sources
  • Review customer files to identify delinquent accounts for collection
  • Recommend a course of action, example reduce credit line
  • Analysed Credit Performance
  • Monitor customer payment history
  • Assess past dues on a month-to-month basis, investigate causes

Monthly credit report consolidation

  • Competitor (OOCs) credit analysis
  • Market trend analysis:
  • Using computer systems / database to set up a platform to enter market related data
  • Read and interpret up to date financial industry information to see how in general the Industry is doing and impact on the Company
  • Knowledge of key issues impacting the Company's customer base

Identification of high risk business sectors

  • Support the Regional Credit units with risk assessments
  • Risk assessment / certain national account review (outside of regional LOA / scope)
  • Assessments /analysis of credit submissions by regional credit teams
  • Gather, interpret and analyse financial information to evaluate customers ability to the Company
  • Utilize financial ratios (liquidity, solvency)

Highlight exposure outside if regional LOA / scope

  • Increased focuses on bad debt recovery opportunities through improved account management review, support to the regions and monthly consolidated reporting
  • Monitoring and proper control of doubtful debt
  • Control bad debt exposure through monitoring past dues and exceeding credit limits
  • Doubtful debts Year end Provision calculation
  • Ensure compliance with IFRS and Tax legislation

Account management:

  • Loans & Grants
  • distribution related accounts (non sales / exchange)
  • 3rd party transport carrier Distribution related accounts (non sales)
  • Effective query management
  • Strict adherence to business procedures, controls and policies
  • Business controls reviewed
  • Most competent people
  • Most effective team
  • Internal:
  • Effective interface with Sales, Customer Service Group (Distribution & CSC)
  • Effective credit support / focus to the Regional Credit Units
  • Group credit
  • External: Effective business relationships established

Please answer the below questions when submitting your CV.....

1     Please confirm your current monthly salary net and gross?
2     Please confirm your current CTC inclusive and exclusive of all benefits?
3     Please confirm your salary expectations (gross) / (nett)?
4     Do you have Matric and a Diploma / B Tech Credit Management or equivalent BCom Degree?
5     If you selected yes, please specify which qualification you have completed.
6     Do you have 1-2 years experience in the oil industry including in-depth understanding credit and risk management?
7     Rate your knowledge in: Finance & administration Accounting procedures Tax: sales related Legal: sales/debt related


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