Credit Monitoring Officer

Job Context:

The Credit Monitoring Officer is responsible for overseeing the credit risk associated with the organization`s accounts and hire purchase activities. This role involves continuous monitoring of credit exposure, ensuring compliance with credit policies, and implementing measures to mitigate credit risk.

Duties & Responsibilities:

• Checking Cash in hand between cash book & Software.
• Creating Sales Invoice, Collection & LPR Receipt.
• Providing daily visit report.
• Verifying HP Customer before sale.
• Checking Overdue collection & team work with PM, ASM.
• Checking Credit Life Cycle (Documentation of Hire Purchase)
• Checking Showroom managers are using instrument against bad or irregular hirer properly or not for smooth collection, instrument are promise to pay, very urgent notice, and final notice.
• Visiting bad hirer’s address to check the customer’s address, product & related documents physically.
• Checking bad accounts & try to help the plaza with installment collection.
• Updating Hire purchase account balance to reconcile between plaza record & software.
• Counting the physical stock of the plaza when needed.
• Motivating plaza manager to follow the hire purchase policy properly.
• Ensuring Cash book/ Stock register/ Hire register at Plaza.
• Verifying stock register & physical stock on when visit plaza.
• Finding potential area for new Plaza.
• As per management requirement helping audit.