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Credit Control Manager at LEC

741

LESOTHO ELECTRICITY COMPANY (PTY) LTD


VACANCY
CREDIT CONTROL MANAGER
In the Customer Experience Division
ECED: CCD 0273 DATE: 23/01/2025


Applications are invited from suitably qualified candidates for the above-mentioned position. The position will be on a five-year performance-based contract. The position is based at the Head office in Maseru. The incumbent will be responsible for the Head of Customer Experience.


QUALIFICATIONS, EXPERIENCE & OTHER REQUIREMENTS


• Professional Certifications such as CA, ACCA, CIMA, OR equivalent.
• Minimum of 5 years of experience in credit control, collections, or revenue management, with at least three (3) years in managerial role.


KEY PERFORMANCE AREAS


Credit Management

• Develop and implement credit control policies and procedures in line with company objectives.
• Evaluate and approve customer credit applications, ensuring adherence to company policies and risk thresholds.
• Monitor and analyze customer accounts to identify risks and take proactive measures to minimize default rates.
• Manage the company’s credit portfolio, ensuring compliance with legal and regulatory requirements.


Debt Recovery
• Oversee the collection of outstanding debts to maintain positive cash flow.
• Develop strategies to reduce aged debt and minimize bad debt write-offs.


Reporting and Analysis
• Prepare regular reports on credit and collections performance, including key metrics such as DSO (Days Sales Outstanding), collection rates, and bad debt ratios.
• Analyze trends in customer payments and recommend strategies to improve credit control processes.


Team Management
• Lead, mentor, and train the credit control team to ensure optimal performance and professional development.
• Set performance targets for team members and monitor their progress regularly.


Customer Relationship Management
• Establish and maintain strong relationships with key customers to facilitate prompt payments.
• Resolve disputes efficiently to maintain customer satisfaction and loyalty while safeguarding company interests.


Interested candidates must submit their applications, CVs and certified copies of their certificates via [email protected]. NO hand deliver will be accepted. Closing date is 07th February 2025 @ 1700Hrs. References should be made to ECED: CCD 0273 on all applications.

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