Job Summary:

Regional Credit Controller (SBU) will manage a dedicated account receivable portfolio for the respective zone of Ingersoll Rand SBU in South Africa managing the credit control, driving collections, Hold/release Order management as per LOA for the respective IR-SBU level.

 

Responsibilities:

 Drive zonal collections of all Account Receivable invoices: Contact customers, Meet Customers regularly, follow up on payments for payment details and engage late payers to maximize collection efficiency, minimize past dues & DSO. Drive Past Due & DSO reductions for a zone with Sales & key stakeholders for the portfolio to close open invoices & payment allocation issues. Manage zonal LC & CAD document transactions & ensure timely collection through such channel. Liaise with Finance, Trade compliance & logistics for CAD, LC & COD transactions. Commercial knowledge based at factory location Ensure zonal compliance with Corporate and Local credit policies and other compliance requirements such as Trade Compliance, Sarbanes Oxley, etc. Business partnership & manage the month end at the factory with complete adherence to policy & provide functional support at the plant level. Participate & conduct zonal AR review calls/meetings for gaining traction on receivables & avoid bad debts Where appropriate recommend legal actions to team Lead Credit Control (SBU), in discussion with commercial organization of the SBU & business.  Identify disputes & expedite dispute resolution by escalating to respective stakeholders. Engage with Sales/Order Management/Warranty teams, as required for payment.  Do customer account reconciliation: To assess true receivable position of the customer. Meet customers for account reconciliations for agreed balances.  Promote a culture of continuous process improvement and collaborate actively with the OTC Operational Excellence team & Credit Excellence Team.  Ensure compliance with Corporate and Local credit policies and other compliance requirements such as Trade Compliance, Sarbanes Oxley, etc.  Collection of C-forms/TDS certificates/WCT.

Education & Experience:

Bachelor’s Degree in Business, Finance, Accounting or similar field (Essential) 5 years’ experience in Credit & Collection.

Key Competencies:

Business Focus Customer Focus Cash flow management Problem / Solving Decision Making Communication Skills Influencing Skills

Technical skills:

Essential:

Good understanding of commercial credit and collection practices and significant knowledge of financial analysis. Worked in project billing environment.

Desirable:

Worked in the manufacturing set-up; being aware how to drive collections for projectbillings Person have some credit & collection experience of South Africa Region will have preference

Computer-skills:

Essential Proficiency in Microsoft Excel – v-lookup, pivots & sub-total etc.

Desirable

Oracle/Sap/iScala working knowledge in collections & credit modules.

Language-skills:

Essential Fluent in English (written & verbal)

Travel requirements:

50% - customer visits in the dedicated region