Credit Executive
cEYLON COLD STORES PLC
Executive - Credit
Ceylon Cold Stores PLC (CCS), manufacturer of Elephant House Beverages and Ice Creams is a leading consumer food company in Sri Lanka. CCS is a subsidiary of John Keells Holdings PLC.
The company is seeking a suitable candidate to fill the position of Executive - Credit. The position exists to assist the credit control function and to monitor & enforce credit control procedures. Provide Finance Outcomes expected from the Finance Division such as Revenue Accounting and monthly financial reporting.
Job Responsibilities
Collect all Confectionary distributor daily sales invoices from the invoice desk and collect cheques from the Sales Admin Department while verifying the accuracy of credit periods.
Upload Confectionary sales summary details to the Deutsche Bank site.
Hand over cheques to the courier service according to the summary report.
Ensure cheques are deposited by the bank upon maturity of the credit period.
Raise receipts and clear Confectionary distributor invoices from open-line items daily after receiving bank deposit confirmation.
Obtain all cancelled distributor invoices from the Logistics Department and clear them in customer accounts.
Analyze distributor miscellaneous credit notes and forward them to SSC for arranging cheque payments.
Raise receipts for cheques/drafts received from distributors, including returned cheque payments, and arrange banking without delay.
Maintain returned cheque records for the Confectionary category and circulate updates among management staff.
Ensure distributor accounts are blocked for purchases until returned cheque payments are settled or special approval is received.
Update and reinstate distributor accounts with returned cheque values in SAP.
Calculate monthly interest for returned cheques, charge distributor accounts, and recover payments.
Submit unsettled returned cheque details every Friday and provide the total number of returned cheques at month-end.
Provide weekly returned cheque reports to Sales and Planning Departments for top management updates.
Respond to telephone inquiries from distributors, ASM’s, FBS, and Sales Admin regarding returned cheques, payments, credit notes, credit blocks, cheque deposits, and distributor exposure.
Person Specifications
- Minimum of 3 passes at the Advanced Level examination.
- Currently following or have started CMA / AAT / Credit Management qualification.
- Minimum two (2) years’ experience in an FMCG company will be an added advantage.
- Good command of English with strong interpersonal skills.
- Planning and control skills, organizing skills, communication skills, interpersonal relations, leadership and motivational skills, 'Quality' mind-set, Ability to quickly adjust to changing business requirements. Business Acumen and Financial analytical skills; Decision Taking and problem Solving.
If you are confident that you possess the above requirement, please send your cv, which includes the names of two non-related referees. Click on the advert now to join our team via Elephant House Careers site.