We are representing an international oil trading firm seeking a credit controller to join their team.
Payments and Overdue Management
- Process and apply incoming payments daily for the company, ensuring alignment with corresponding invoices or proforma invoices. Reach out to clients for payment confirmations when necessary.
- Monitor overdue receivables diligently, and follow up with customers, operators, and traders to resolve outstanding payments.
- Implement and oversee collection strategies, ensuring their effective execution.
- Track positive vendor balances closely and report on them in the weekly overdue reports submitted to management.
- Oversee and track incoming demurrage payments, coordinating with the demurrage department as needed.
- Guarantee that invoices are issued correctly and promptly to and from counterparties.
- Manage the reconciliation process for client accounts to ensure accuracy.
- Oversee the collection of interest on late payments from third parties.
- Generate and issue interest invoices for delayed payments within the group.
- Prepare and deliver monthly and quarterly accounts receivable reports.
Additional Duties
- Ensure adherence to the Company's Credit Policy.
- Support colleagues in evaluating credit exposure and determining the adequacy of credit limits for new transactions.
- Engage in ad hoc projects and contribute to the development and implementation of new Credit Control initiatives.
- Share expertise and insights with fellow Credit Control & Credit Risk Management team members.
- Perform other credit-related tasks as assigned by the manager.