The Ugandan Jobline

Job Title:  Credit Manager

Organisation: NFT Consult Ltd

Duty Station:  Kampala, Uganda

Reports to: Head of Finance

About US:

NFT Consult Ltd is a business process outsourcing firm with offices in Uganda, South Africa, Kenya, Botswana Rwanda, Tanzania, Zambia, Burundi and South Sudan.

Client Brief:

Our client’s vision is to build a world where people take control of their environment in rewarding and sustainable ways. Our client does this by developing and commercializing life changing technology that solves the biggest daily challenges for the world’s 570 million smallholder farming households. We are the largest distributor of solar water pumps / solar irrigation for smallholder farmers in Africa and were selected by Fast Company as one of the World’s Most Innovative Companies in 2021. Here is a good explainer video recently made by CNBC. Over the last 5 years the company has grown significantly and now employs 400+ people around the world.

Job Summary:   The Credit Manager role requires a leader with outstanding analytical reporting and problem solving abilities alongside team management skills. Being a key member of the leadership team, you will be responsible for:

• Country credit models, strategies and teams
• Leading reporting, providing reliable and accurate credit risk management advice
• Developing internal control procedures to increase efficiency of operations and minimize business exposure
• The role requires you to have competency in managing PAY-AS-YOU-GO credit models, assessing credit risk, managing administrative and field teams, preparing reports and ensuring regulatory compliance.

Key Duties and Responsibilities:

Financial & Operational Strategy:

• Create, monitor and refine and country credit strategies to manage risk and drive sustainable growth of the portfolio
• Own the implementation of credit models to be used by the business, including but not limited to bad debt modeling and predictive loss rate models
• Identify, quantify, and evaluate credit risks owning PAR30, RAR, collections and FPD performance

Portfolio Performance Reporting

• Provide quality analysis for regular and ad-hoc credit performance reporting at portfolio, product or customer-level(s), including management reporting on PAR30, RAR, collections and FPD
• Provide insights on deviations to budget, commentary on periodic performance to support the Head of Credit with strategic insights to help the business maintain excellent portfolio health
• Work closely with department heads to understand monthly expenses (BvA), monitor spending and drive efficiencies
• Coordinate with the Global Team to benchmark, analyze and report on credit performance and trends

Tax, Legal and Regulatory Compliance

• Keep abreast of changes in relevant legal and regulatory environment and communicates major changes to the Head of Credit
• Ensure company compliance for all financial record control including credit contracts

Governance & Risk

• Internal control maintenance, identification, profiling and reporting potential risks as well as propose and implement mitigation plans
• Evaluate whether credit risk falls within acceptable parameters, approve and recommend appropriate credit facilities including terms or conditions of facilities

Team Leadership and Culture

• Deliver results through others through mentorship and coaching of team members and allowing teams to take accountability and ownership of their work
• Set and monitor the attainment of departmental KPIs and SLAs, ensuring effective escalation and adoption of the SMART approach as necessary
• Ensure performance consequences are taken by team leads in the department i.e. recognize best performers and manage poor performers from time to time through both, formal and informal feedback
• Conduct regular check-ins for communication, open feedback sessions and attain team alignment in terms of strategic progress and changes
• Assess and monitor the training and development needs in the department owning skill building and capacity development including but not limited to managing recruitment processes and onboarding (30,60,90-day plans) and performance reviews for key staff

Qualifications, Skills and Experience:

• The applicant must hold a B.A or B.S in Accounting with MBA or Masters in a quantitative field, including economics, econometrics, data analytics, statistics, credit management or finance preferred.
• Fellow of CIMA/ACCA and CPA (U)
• Minimum of 5 years progressive leadership and functional experience in an analytical field such as consumer credit, asset finance or data science, with 3+ years of experience leading a Finance function, preferably in the Pay-As-You-Go solar or irrigation industry
• Credit, data, and financial analysis skills to effectively evaluate and report on key business performance metrics with a clear understanding of statistics and quantitative methods and best practices
• Knowledge of lending business practices and consumer credit in emerging markets strongly preferred.
• Team player willing to work with all parts of the business with a track record of managing team OKR’s and/or KPIs in high growth organizations
• Proficiency in ERP systems and tools including PowerBI, Excel/Google Sheets, PowerPoint, and Word

How to Apply:

All suitably qualified and interested candidates should apply online through the NFT jobs portal.

Click Here

Deadline: 18^th March 2024

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