QUALIFICATIONS:
- Bachelor in Accounting, Finance, Business Administration, or any related field.
- At least 3-5 years of experience in credit and collection, preferably within construction, equipment sales and rental, or heavy machineries industries.
- Strong knowledge of credit assessment, collection strategies, and accounts receivable processes.
- Ability to assess financial data and make sound credit decisions.
- Skilled in handling difficult payment discussions with professionalism.
- Responsible in managing sensitive financial information.
- Goal oriented, with a focus on meeting collection targets and reducing overdue accounts.
- Able to maintain good client relationship while effectively enforcing credit terms.
JOB DESCRIPTION:
Credit Management
- Evaluate and approve customer credit applications based on financial capacity, payment history, and company credits policies.
- Set and review customer credit limits, terms, and conditions.
- Coordinate with the Sales Department to ensure customers will comply with credit requirements before releasing equipment for sales or rental.
- Maintain updated customer files and documentation for all clients.
Collection Management
- Monitor accounts receivable aging reports and follow up an overdue account.
- Implement effective collection strategies to ensure timely payment of invoices.
- Negotiate payment arrangements with customer when necessary.
- Issue demand letters and coordinate with legal counsel for delinquent accounts requiring legal action.
- Coordinate collections with the Accounting Department.
Coordination and Reporting
- Work closely with the Sales, Accounting, and Operation Team to address payment issues and customer disputes.
- Provide weekly collection status reports to management, sales, and accounting, including risk accounts and potential bad debts.
- Recommend accounts for suspension or credit hold based on payment performance.
Compliance and Documentation
- Ensure adherence to company credit policies and relevant legal requirements.
- Maintain accurate and organized records of customer communications, invoices, receipts, and collection activities.
- Safeguard confidential customer and company information.
Job Types: Full-time, Permanent
Pay: From Php20,000.00 per month
Benefits:
- Company Christmas gift
- Company events
- Free parking
- Health insurance
- Life insurance
- Opportunities for promotion
- Pay raise
- Promotion to permanent employee
- Staff meals provided
- Transportation service provided
Work Location: In person