Nextzon Business Services Limited

Credit Officer

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Job Description

Nextzon Business Services Limited - Our Client, a start-up mega drug distribution centre in the Pharmaceutical sector, located in Anambra State, is currently seeking to employ suitably qualified candidate to fill the position below:

Job Title: Credit Officer
Location: Anambra
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
Job Requirements
Minimum years of experience


Other Requirements

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

Application Closing Date:
9th March, 2016

How to Apply:
Interested and qualified candidates should send their Resumes (as an attachment), stating the reference code CRDTOFCR0013 as the subject of the email

Only shortlisted candidates who apply correctly will be contacted.
All applications will be treated in strict confidence.

This job is no longer accepting applications.

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About Nextzon Business Services Limited
NEXTZON Business Services Limited was incorporated on 7th March, 2005 to carry on business as a corporate venturing and management/business advisory company. It also assists businesses in operating at world class level and is a strategic investor and incubator of some companies in new sectors which are set up to compete favourably and exploit the commercial opportunities in their various markets.We are an emerging market management consulting and enterprise development company; inspired by a col...
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Job Summary
March 2, 2016
Offer Type
Minimum of 5years
Salary Range
N0.00 - N0.00K
March 9, 2016
Finance / Accounting
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