Cecile Spies

• Credit Control
• Increased collection rates through proactive account management and regular follow-ups with clients.
• Consistently met or exceeded targets set for reducing outstanding balances while adhering to strict deadlines.
• Streamlined the credit control process by developing a comprehensive debtor management system.
• CASH AND BANK:
• Opening cash accounts
• Processing of payments from Bank ledgers.
• Month end procedure including GL recons and resoliving unidentified payments.
• RISK ANALYST:

• Process and Evaluate customer signed ‘applications to do business’, conditions of sales and other statutory documents for completeness and correctness as per the Sasol credit policy.

• Verify customers details for correctness e.g. address, contact details etc. and ensure minimum documents requirements met, Audited financial statements and /or management accounts are obtained.

• Request and compile data from financial statements, bank and trade references, credit agency reports, taking into account industry and country risk and other third party information.

• Perform fnancial analysis to evaluate credit worthiness and identify the risks assosciated with granting credit to customers.

• Obtain credit insurance coverage where needed.

• Ensure that credit terms and credit limits are approved in compliance to company policy and DOA.

• Prepare, analyse and evaluate new and existing customer accounts and provide recommendation to management.

• Review existing customers’ accounts to ascertain compliance with agreed terms and identify potential risks.

• Coordinate with Collections team to identify defaulting customers and establish payment schedules for them.

• Liaise with business to understand the systems and variables that affect credit management decisions.

• Assist with development and improvement of processes relevant to the credit management to reduce the risk of bad debt.

• Security register accurately updated and signed off on a monthly basis and securities filed in a fireproof environment.

• Ensure securities are valid and legally enforceable Ensure signed credit application/ supply agreemet is on file for every customer we deal with on credit Keeping abreast of prevalent economic conditions and industry dynamics.

• Visit customers from time to time to obtain financial information.

• Compile and maintain a database of accounts with adverse information.

• Assist with review of credit policy Credit limits based on goodwill updated on a half yearly basis.

• Ensure adherence to segregation of duties, company policies and procedures, current legislation, country risk metrics.

• Ensure compliance to DOA and versa segregation of duties Insurance.

• Prepare timeous monthly declaration to credit insurance provider.

• Prepare and submit accurate information to credit insurance provider.

• Complete internal management reports.

• Ensure that correct GL account number is allocated to respective debtors.

• Comply to credit management policies and procedures with emphasis on credit risk, International Accounting Standards (IAS), provision of SOX and business control, relevant statutory requirements of IFRS, Companies Act, and NCA.

• Continuously improve own skills and knowledge.

• Complete, implement, and track personal development plan to attain personal performance goals.

• Build and maintain positive relationships with internal and external stakeholders to enable the achievement of higher effective credit management process.

• Identify and implement value adding initiatives.

• Present ways of doing work questioned focus on continuous improvement.

• Apply evidence-based SHE practices in alignment with set standards for safe operations.

• Process and Evaluate customer signed ‘applications to do business’, conditions of sales and other statutory documents for completeness and correctness as per the Sasol credit policy.

• Verify customers details for correctness e.g. address, contact details etc. and ensure minimum documents requirements met, Audited financial statements and /or management accounts are obtained.

• Request and compile data from financial statements, bank and trade references, credit agency reports, taking into account industry and country risk and other third party information.

• Perform fnancial analysis to evaluate credit worthiness and identify the risks assosciated with granting credit to customers.

• Obtain credit insurance coverage where needed.

• Ensure that credit terms and credit limits are approved in compliance to company policy and DOA.

• Prepare, analyse and evaluate new and existing customer accounts and provide recommendation to management.

• Review existing customers’ accounts to ascertain compliance with agreed terms and identify potential risks.

• Coordinate with Collections team to identify defaulting customers and establish payment schedules for them.

• Liaise with business to understand the systems and variables that affect credit management decisions.

• Assist with development and improvement of processes relevant to the credit management to reduce the risk of bad debt.

• Security register accurately updated and signed off on a monthly basis and securities filed in a fireproof environment.

• Ensure securities are valid and legally enforceable Ensure signed credit application/ supply agreemet is on file for every customer we deal with on credit Keeping abreast of prevalent economic conditions and industry dynamics.

• Visit customers from time to time to obtain financial information.

• Compile and maintain a database of accounts with adverse information.

• Assist with review of credit policy Credit limits based on goodwill updated on a half yearly basis.

• Ensure adherence to segregation of duties, company policies and procedures, current legislation, country risk metrics.

• Ensure compliance to DOA and versa segregation of duties Insurance.

• Prepare timeous monthly declaration to credit insurance provider.

• Prepare and submit accurate information to credit insurance provider.

• Complete internal management reports.

• Ensure that correct GL account number is allocated to respective debtors.

• Comply to credit management policies and procedures with emphasis on credit risk, International Accounting Standards (IAS), provision of SOX and business control, relevant statutory requirements of IFRS, Companies Act, and NCA.

• Continuously improve own skills and knowledge.

• Complete, implement, and track personal development plan to attain personal performance goals.

• Build and maintain positive relationships with internal and external stakeholders to enable the achievement of higher effective credit management process.

• Identify and implement value adding initiatives.

• Present ways of doing work questioned focus on continuous improvement.

• Apply evidence-based SHE practices in alignment with set standards for safe operations.