Date Posted:

2024-10-03

Country:

South Africa

Location:

17 Angus Crescent, Gauteng

Credit Evaluation and Approval

Evaluate the creditworthiness of potential customers by reviewing credit reports, financial statements, trade references, and other relevant information.

Determine appropriate credit limits, terms, and payment plans based on risk assessment and company guidelines.

Monitor changes in customers' credit profiles, financial conditions, and market dynamics to anticipate and mitigate credit risks proactively.

Approve or decline credit applications and negotiate terms with customers to facilitate sales while minimizing credit exposure.

Collections Management

Monitor customer accounts to identify overdue invoices, outstanding balances, and delinquent accounts.

Implement and enforce collection strategies, including reminder notices, phone calls, and collection letters, to encourage timely payment and resolve payment disputes.

Coordinate with collection agencies or legal counsel for escalated collection efforts, including legal actions or debt recovery, when necessary

Risk Assessment & Monitoring

Identify potential credit risks and exposure by analyzing customer payment histories, credit scores, and financial stability

Implement risk mitigation strategies, such as requiring collateral or personal guarantees, to safeguard against potential losses. Customer Relations & Communication

Build and maintain positive relationships with customers, sales teams, and other stakeholders to foster collaboration and resolve credit-related issues effectively

Communicate credit terms, payment expectations, and collection efforts clearly and professionally to ensure transparency and compliance. Reporting & Analysi

Generate regular reports to track key credit metrics, including aging receivables, credit limits, bad debts, and cash flow impacts.

Analyze credit data and trends to identify patterns, insights, and opportunities for process improvements in credit management and collections.

Present findings and recommendations to senior management to inform strategic decisions and optimize credit management strategies. Compliance and Regulatory Compliance

Ensure compliance credit laws, regulations, and industry standards.

Stay updated with changes in credit-related regulations and industry best practices to maintain compliance and minimize legal risks.

Implement internal controls and audit procedures to monitor compliance and address any issues or discrepancies promptly. Managing a team

Provide guidance and support to your teams on credit policies, customer credit status, and collection procedures to facilitate informed decision-making and customer interactions.

Ensure that credit controllers and supervisors are regularly following up with the customers with regards to payments.

·Have regular meetings to stay up to date with the books that each credit controller/supervisor.

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge. 

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here (https://www.otis.com/en/us/our-company/esg) .

Become a part of the Otis team and help us #Buildwhatsnext!

Otis is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com .

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We go to great lengths to hire and develop the best people, and offer a supportive environment where employees are motivated and empowered to perform at their full potential. Today, we continue pushing the boundaries of what's possible to thrive in a taller, faster, smarter world.