Credit Control Officer At JMG Limited

Category: Jobs

Applications are invited from interested and qualified candidates to apply for the job vacancies at JMG Limited.

Job Specifications:

• Full Time
• Required Qualifications: BA/BSC/HND
• Location: Lagos | Nigeria

Job Description:


Location: Head Office Victoria Island

• Prepare weekly and monthly reports on Budgeted collection.
• Updating of monthly stock count report.
• Responsible for ensuring all activities of Accounts Receivable functions are completed in a proper and timely manner.
• Prompt allocation of Payments to Invoices in ERP System
• Responsible for all activities relating to developing, collection of age receivables, investigating credit and recommending credit limits.
• Manage client billing and collection activities; follow-up inquiries, negotiation with past-due accounts, referring critical collection issue to management.
• Handle accounts reconciliation from identifying errors by applying appropriate accounting standards.
• Verification of credit limit and confirmation of client’s order to proceed with SO creation
• Ensure all files and documents are maintained accurately and thoroughly in accordance with company policy and acceptable accounting practices.
• Responsible for ensuring policies, procedures and internal control for debtors and Accounts Receivable processes are adequately designed and implemented.
• Manage bad debt write-offs to planned goal and ensure that collection strategy has been completed on those account processed for write-off.
• Responsible for the development, modification and review of credit & collection systems, reporting methods and controls.
• Review collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures.
• Audit delinquent accounts considered to be uncollectable to ensure maximum efforts have been taken before assigning bad debt status to account.
• Identify changes in payment patterns and propose actions to avert indebtedness.
• Submits delinquent accounts to attorney or outside agency for collection.
• Review debtors credit worthiness position and take appropriate actions.
• Establish and updates customers’ credit activities, follow up with clients on outstanding invoices on account.
• Prepare monthly Debtor status report and yearly doubtful debt and bad debt.
• Provide ad-hoc trade debtor positions reporting as and when requested by management.

Qualifications and Requirements:

• Candidates should possess a Bachelor’s Degree qualification.
• 3 – 4 years of experience in credit control.

Salary: 150,000.00 Gross

Deadline: September 30, 2022

Interested and qualified candidates should forward their CV to: career@jmglimited.com using the position as subject of email.