The Ugandan Jobline

Job Title:  Credit and Risk Management Officer

Organisation: African Fertilizer and Agribusiness Partnership (AFAP)

Duty Station:  Kampala, Uganda

About US:

The African Fertilizer and Agribusiness Partnership (AFAP) is a non-profit social enterprise that collaborates with public and private sector partners to develop and strengthen inputs value-chains, and in particular, to deepen and broaden fertilizer markets across Africa. AFAP is dedicated to designing and executing sustainable development projects that support policy and regulatory reforms, capacity building, financial credit provision, and data collection and market intelligence dissemination. By providing innovative and market-oriented business solutions, AFAP promotes the growth of the agricultural inputs and agribusiness value chain sectors.

Job Summary:   The Credit and Risk Management Officer will ensure that the credit policies and procedures are adhered to, that potential risks are identified and mitigated effectively and planned tasks for the TCGP are carried out. The responsibilities outlined below shall be coordinated closely with the Approved Suppliers extending trade credit to approved hub agrocers.

Key Duties and Responsibilities:

Hub Agrodealer Credit Assessment and Approvals:

• Conducts thorough assessments of approved hub agrodealer creditworthiness to determine their ability to repay trade credit extended. This will entail analyse financial statements, credit history, and other relevant information to make informed decisions about approving or declining trade credit provision

Credit Monitoring and Control:

• Once credit has been extended to hub agrodealers, the officer will closely monitor their payment behaviour. This entails ensuring that the hub agrodealers adhere to agreed-upon payment terms, track outstanding balances, and follow up on overdue payments

Collection and Debt Recovery:

• The officer shall be responsible for implementing effective debt collection strategies to recover outstanding payments from hub agrodealers.
• Working closely with the Suppliers who have extended the subject credit, they may establish payment plans, negotiate settlements, or, if necessary, initiate legal action to recover unpaid deb

Risk Assessment and Mitigation:

• The officer will proactively identify potential risks associated with credit transactions and develop strategies to minimize these risks. This includes monitoring market trends, assessing industry-specific risks, and evaluating the creditworthiness of existing hub agrodealers to mitigate potential financial losses.
• This may apply, but not limited to, governments subsidy interventions, new technologies or products that may have a disruptive effect in the market

Policy Development and implementation:

• Work closely with the HQ-based Financial Services Director, the officer will help review and develop in-country credit control policies and procedures to ensure alignment with AFAP’s overall risk management strategy.
• This will also ensure that AFAP staff involved in the program understand and adhere to these policies, which helps maintain consistency, align with the ONE AFAP concept and reduce the organization’s exposure to credit-related risks

Reporting and Analysis:

• The officer shall provide regular reports on credit control and risk management metrics, including key performance indicators, doubtful det analysis, aging debtor analysis.
• These reports help management report back to financiers, make informed decisions, identify areas for improvement, and assess the overall effectiveness of credit control measures

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s degree in business studies with a major in Finance, Banking, Accounting, of Commerce Studies in Agribusiness would be an added advantage.
• Five years of experience in a busy Credit Control / Oversight in a busy corporate environment engaged in tracing, commerce, banking enterprise
• Excellent organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment impeccable verbal and written communication skills, ensuring effective interaction with individuals at all levels of the organization
• Outstanding attention to detail and a commitment to maintaining high- quality standards in all aspects of work.
• Strong problem-solving abilities, anticipating needs and providing innovative solutions

How to Apply:

If your qualifications align with the requirements of this position, we encourage you to apply. Please send your CV, a one-page cover letter, copies of relevant certificates, and your salary expectations to kmanaka@afap-partnership.org use the position and country as your reference in the email address subject line.

Deadline: 9^th January 2024

NB: Please note, only candidates who have been shortlisted will be contacted. We appreciate your interest in becoming part of the AFAP team.

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