Chief Treasury Officer / Chief Credit ControllerRole Description
- Oversee and manage the organization's treasury operations, credit control functions, cash flow management, and financial risk management to ensure financial stability and operational efficiency.
- Develop and implement treasury strategies, credit policies, financial procedures, and internal controls aligned with organizational objectives.
- Manage daily cash flow activities, liquidity planning, cash positioning, fund allocation, and working capital management to ensure sufficient financial resources.
- Monitor cash balances, banking transactions, payment schedules, and financial obligations to maintain effective cash management.
- Oversee banking relationships, credit facilities, loan arrangements, foreign exchange transactions, and other treasury-related activities.
- Develop and maintain effective credit management policies, customer credit assessment procedures, credit limits, and payment terms.
- Supervise accounts receivable and credit control activities, ensuring timely collection of outstanding payments and effective management of customer accounts.
- Monitor customer payment behavior, overdue accounts, credit exposure, and potential bad debts, implementing appropriate actions to minimize financial risks.
- Coordinate with sales, finance, and customer service departments to resolve payment disputes, overdue invoices, and credit-related issues.
- Evaluate customer creditworthiness through financial information, payment history, credit reports, and risk assessments before recommending credit approvals.
- Establish credit monitoring procedures, collection strategies, and escalation processes to improve debt recovery and reduce outstanding receivables.
- Oversee financial forecasting, treasury reporting, liquidity analysis, and working capital performance monitoring.
- Identify and assess financial risks related to liquidity, credit exposure, foreign exchange fluctuations, and counterparty transactions.
- Ensure compliance with applicable financial regulations, banking requirements, internal policies, and corporate governance standards.
- Lead and supervise treasury, credit control, and collections personnel to ensure effective financial operations and accountability.
- Prepare treasury reports, cash flow forecasts, credit risk assessments, collection reports, and financial performance summaries for senior management.
- Identify opportunities to optimize cash utilization, strengthen credit control procedures, improve collection efficiency, and enhance overall financial performance.
Qualifications
- * Bachelor's degree or above in Finance, Accounting, Banking, Economics, or a related discipline.
- Professional qualifications such as ACCA, CPA, CIMA, CFA, or equivalent are highly desirable.
- Strong understanding of treasury management, cash flow forecasting, liquidity management, and working capital optimization.
- Comprehensive knowledge of credit management, customer credit assessment, accounts receivable, debt collection, and credit risk analysis.
- Familiarity with banking operations, credit facilities, financing arrangements, foreign exchange transactions, and financial instruments.
- Good understanding of financial statements, accounting principles, financial analysis, and corporate finance.
- Knowledge of credit policies, payment terms, credit limits, overdue account management, and bad debt prevention.
- Familiarity with ERP systems, treasury management systems (TMS), accounting software, and financial reporting tools.
- Understanding of financial risk management, internal controls, regulatory compliance, and corporate governance.
- Excellent numerical, analytical, negotiation, and problem-solving skills.
- Strong leadership, strategic planning, decision-making, and team management capabilities.
- Effective communication and stakeholder management skills, with the ability to coordinate with banks, customers, auditors, and internal departments.
- High level of integrity, professionalism, accountability, and attention to detail when handling confidential financial information.
- Proactive, commercially minded, and results-oriented, with a strong commitment to cash flow stability, credit risk control, and financial performance.
