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Credit Manager job at Eleglance Finance Limited | Apply Now
Are you looking for Finance jobs in Uganda 2024 today? then you might be interested in Credit Manager job at Eleglance Finance Limited
Entebbe, Uganda
Full Time
About the Organisation
Eleglance Finance Limited is a privately owned microfinance institution dedicated to delivering benefits of financial services tailored to individuals, groups and SMEs that find it challenging to access services from mainstream banks. Our investment goes beyond providing capital but creating innovative solutions tailored towards the financial needs of a growing private equity. We opened doors in May 2012 and have since then expanded to several branches with our headquarters in Entebbe.
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Job Title
Credit Manager job at Eleglance Finance Limited
Eleglance Finance Limited
Job Description
The Credit Manager is responsible for overseeing an organization’s credit-granting process, ensuring that credit policies are followed and managing the credit risk associated with clients and vendors. They lead the credit assessment process, monitor outstanding balances, and aim to optimize sales while minimizing bad debt. This role requires strong analytical and decision-making skills to balance risk and reward effectively.
Duties, Roles and Responsibilities
Key Responsibilities:
Credit Assessment: Analyze creditworthiness of clients by reviewing financial statements, credit reports, and payment history.
Policy Development: Develop, implement, and update credit policies to ensure efficient and secure lending practices.
Risk Management: Monitor and manage the credit portfolio, identifying potential risks and taking action to minimize defaults.
Collections Oversight: Oversee the collections process to ensure timely payments and coordinate with collections staff on overdue accounts.
Team Leadership: Lead and train a team of credit officers, setting targets, reviewing performance, and ensuring adherence to policies.
Reporting: Prepare regular reports on credit metrics, outstanding balances, and delinquent accounts for senior management.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Qualifications
Must hold a bachelor’s degree in business administration, commerce, Economics, Microfinance, Development Economics, or any other relevant business-related course from a reputable university.
Master’s Degree or postgraduate in credit management will be an added advantage.
A minimum of 5 years of working experience in credit administration.
Should be a strategic thinker with high degree of innovativeness, creativity, and ambition.
Should have strong business and analytical skills.
Skills
Strong analytical skills and attention to detail
Effective leadership and communication skills
Knowledge of credit assessment tools, regulations, and best practices
How to Apply
All suitably qualifying candidates should send their application and updated CV together with copies of certified academic and professional certificates, (saved as one PDF document) to hr@eleglancefinance.co.ug.
Deadline: 30th November 2024.
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