Duties and Responsibilities 

Maintain the corporate credit policy
Recommend changes in the credit policy to senior management
Manage customer credit files
Monitor the credit-granting and updating process
Personally investigate the largest customers for credit applications
Personally visit the largest customer credit applications
Personally visit the largest customers to establish relations
Conduct periodic circularizations of customers to confirm their outstanding balances.
Manage the application of late payments
Ensure the timely collection of monies due to the company
Ensure timely and accurate invoicing
Manage cash application, making sure all cash receipts are applied properly
Conduct credit checks on all customers, establish and manage limits
Make recommendations to improve the quality of invoicing and collection procedures
Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments
Process daily backup reports after data entry
Maintain the general ledger
Proper recording and application of cash, management of outstanding invoices, and
Direct interfacing with customers on collection matters and dispute resolution
Support Management by providing timely and accurate payments and accounts
Produce monthly debt reports, Collection Days, and Bad Debt provision/expense, Revenue, and Payments.