Lucas Moifo
Senior Credit Controller
Midrand
Summary
Experienced Credit Controller with a strong background in risk assessment and cross-functional collaboration. Demonstrated success in credit management and a track record of implementing effective strategies. Bringing 6 years of industry experience to contribute to the growth and profitability of your organization.
Overview
6
6
years of professional experience
2015
2015
years of post-secondary education
Work History
Senior Credit Controller
Dräger South Africa (Pty) Ltd
01.2019 - 01.2020
- Sending invoice to customer
- Customer Statements
- Debtors Collection Management Report
- Dunning Process and Customer Visits
- Payment and Credit Application, credit limits
- Proactively reach out to customers to address overdue payments and outstanding invoices
- Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments
- Process monthly interest charges on defaulting customers as per agreed credit policy
- Prepare and submit reports on overdue and term accounts
Credit Controller
Woodmead
08.2020 - Current
- Regularly review outstanding debts and follow up on overdue invoices
- Manage debtors book (Age Analysis)
- Contact customers via phone, email, or letters to secure cash collection payments on accounts
- Evaluate the creditworthiness of new and existing customers and new credit application
- Release orders of sales order daily
- Allocation of payments received and allocate them to Clear bank general ledgers daily
- Address and resolve customer billing queries and discrepancies
- Set and monitor credit limits for customers and Minimizing bad debt
- Prepare regular reports on receivables, aging balances, and collection status
- Ensure all credit activities comply with company policies and relevant regulations
- Work closely with sales, customer service, and finance teams to manage credit and collections
- Identify and mitigate risks associated with credit and collections collection of bad debts within agreed terms and conditions
- Client visit twice a month
- Managing book value of 80 million
Credit Controller
SIGNEDITION PTY LTD
02.2020 - 07.2020
- Accurately allocate payments on daily basis
- Download bank statements (Absa/Standard bank Euro/USD)
- Clear bank general ledgers daily
- Communicate with internal and external customers
- Prepare credit/debit, refund
- Ensuring internal and external stakeholders perform within agreed turnaround time and Service Level Agreements by monitoring the accounts
- Rehabilitate accounts by contacting, negotiating, concluding and monitoring arrangements with client and authorised third parties
- Reduce and manage impairments and credit loss ratio by applying the appropriate actions including drawing daily reports and distributing to relevant stakeholders
- Maintain client satisfaction by responding to general queries on risk or arrears timeously
- Build and maintain business relationships with internal and external stakeholders by sharing performance expectations
- Ensure client account status are correct by checking the account history details on the system
- Prioritise customer accounts by grading all accounts into risk categories and age analysis
- Minimise potential loss to the bank by implementing the collection process and strategy
- Ensure to comply with policies, procedures and regulations by following prescribed processes and mandates
- Notify clients of dormant /excess or arrears accounts by preparing and sending relevant correspondence
- Outline progress and planned actions for the forthcoming month by meeting with stakeholders on a monthly basis
Education
Grade 12 - National Senior Certificate
FRANK MASHILE SEC SCHOOL
NQF 6 Diploma - Accounting
IIE ROSEBANK COLLEGE
NQF 7 Bcompt - Accounting science
UNISA (UNIVERSITY OF SOUTH AFRICA)
Skills
- CREDIT MANAGEMENT
- ENSURES ACCOUNTABILITY
- COMPLIANCE MANAGEMENT
- MICROSOFT OFFICE -ADVANCED
- EXCEL
Timeline
Credit Controller
Woodmead
08.2020 - Current
Credit Controller
SIGNEDITION PTY LTD
02.2020 - 07.2020
Senior Credit Controller
Dräger South Africa (Pty) Ltd
01.2019 - 01.2020
NQF 6 Diploma - Accounting
IIE ROSEBANK COLLEGE
NQF 7 Bcompt - Accounting science
UNISA (UNIVERSITY OF SOUTH AFRICA)
Grade 12 - National Senior Certificate
FRANK MASHILE SEC SCHOOL
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