Objective

The role aims to mitigate financial risk by managing credit policies, analyzing customer creditworthiness, and overseeing debt recovery. It plays a crucial role in maintaining the organization's financial health.

Description

Manages credit risk and implements effective collection strategies.

Sample Questions

• How to evaluate a customer's creditworthiness?
• What strategies improve debt recovery rates?
• How to mitigate financial risk in credit management?
• How does credit policy impact overall financial health?

Key Functions

Assessing creditworthiness of customers, implementing credit policies, managing debt recovery, conducting credit reviews, maintaining credit records, providing credit advice to management, collaborating with sales and customer service teams, monitoring overdue accounts, and preparing financial reports.

Required Skills

Credit analysis, debt recovery, financial risk management, credit control, financial reporting, credit policy development, knowledge of credit-related laws, financial forecasting, business acumen, and proficiency in credit management software.