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Head, Credit Control at PZ Cussons Nigeria Plc

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PZ Cussons is a dynamic consumer products group and innovator of some of the world’s best known and loved brands. Calling on over 130 years of expertise, we operate internationally in carefully selected developed and emerging markets that present the greatest strategic potential for future growth. Our world-class supply chain and distribution networks enable us to meet our global consumer needs and deliver quality brands that add value and enhance everyday lives.

We are recruiting to fill the position below:

Job Title: Head, Credit Control
Job Requisition ID: JR000576
Location: Ilupeju, Lagos
Job type type: Full time
Job Grade: G5
Department: Finance
Reports to: Finance Controller

Job Purpose
Why does the job exist?

  • The role leads a team that ensures accuracy of the Account Receivables of all the entity in their respective balance sheet, providing support to all SBUs in term of meeting their sales target but ensure the company procedure are followed to the letter, the section also ensure minimal bad debt exposure from the credit granted to distributors.
  • The team manages over a thousand distributors ledger across all entity and ensure that the detail ledger agrees with the company receivables. This team comprises of 6 credit control managers covering all the SBUs.

Reporting Relationships:

  • Peer Relationships
  • Attach organization chart showing manager and direct reports as well as peers
  • Works with Finance team in other SBU (HPZ, PZC)

Dimensions:

  • Turnover of unit
  • Budget responsibility
  • Team Size
  • Other

Principal Accountabilities:

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  • The key outputs of the job
  • List in priority order if possible, typically 8-10
  • NOT a task list
  • Any requirement for organizing & planning including own work and the allocation of resources
  • Typical decisions made and if they are advisory or directly responsible for the outcome 
  • Reconciliation of Receivables control to customers detail and carry out investigation on customers’ account
  • Application of approved credit and invoice extension on MfG
  • Monitoring of trade debtor ageing analysis to ensure proper classification which forms the basis of bad and doubtful debt provision
  • Preparation of monthly balances and reconciliation of trade debtors
  • Generate weekly/monthly credit control report for sales team and other stakeholders
  • provide monthly advance notifications of potential doubtful or bad debt to all SBUs management
  • Responsible for the Integrity and accuracy of Receivables in the balance sheet
  • Management of credit sales in conjunction with the sales team
  • Monitoring and managing Tuck-shop and depot transporters account The Credit Control section is responsible for the following:
  • Reconciliation of Export ledger
  • Ensure prompt settlement of export sales
  • Attending to all other functions related to credit control

Internal & External Relationships:

  • Identify the most significant ones
  • Attach a preferred suppliers list if available
  • Detail which networks the jobholder will be part of e.g. finance, category

External:

  • External auditor, Dealers/Distributors,

Internal:

  • Financial reporting team; Sales team, Treasury, SBU’s management, etc

Qualifications

  • HND, BSc in Accountancy
  • Membership of Institute of Chartered Accountants of Nigeria (ICAN)
  • Computer expertise especially in MS Word, MS Excel and PowerPoint

Technical/Professional Experience:

  •  5-7 years work experience
  • Working knowledge of at least one ERP (Sage, Mfg, Peachtree, etc.)

Knowledge, Skills & Experience Needed:

  • List any qualifications required to do the job
  • Be specific about the experience needed
  • Focus on type of experience not the time served

Job Context & Special Features:

  • Explain any special features or context in which the job operates
  • Detail any language or mobility requirements
  • Good communication skill, good team player and leadership skill.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

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