Job Details

An opportunity has arisen in the Finance department for a self-driven and motivated individual who will be responsible for the Credit Department of a large dynamic FMCG Global company.

• Drive the maintenance of and ongoing enhancements to processes and procedures within the business unit.
• Build effective working relationships with internal and external stakeholders to ensure buy-in and support from the relevant business units
• Prepare annual cost and capital budgets and drive the achievement of these budgets
• Report on and manage the business/credit risks associated with the business unit.
• Contribute to policy determination within the Wholesale Credit environment.
• Enter into loan agreements on behalf of the company.
• Jointly make decisions with the Head: Legal Services (for example) or FM whatever applicable to the company in regard to accounts in liquidation.
• Delegate appropriate signing authorities to the business unit\\\'s Head: Legal and Risk Compliance.
• Credit Mandate is ..... (Rand value)

Qualifications and Experience

• B.Com degree with Accounting or Finance as major a minimum requirement.
• MBA, CFA, C.A., Law degree advantageous.
• 5 - 10 years experience in a credit or financial FMCG environment essential.
• Understanding of the South African corporate lending industry a requirement.
• Understanding of credit grading and credit pricing models a requirement.
• Sound general knowledge of the relevant regulatory environment, laws and acts, e.g. Basel II, Commercial law, the RSA Company\\\'s Act, the Bank\\\'s Act, NCA etc

Competencies required

• General knowledge of macro economy and RSA commerce and industry.
• Understanding of business models, management and theories.
• Strong financial skills, as demonstrated by an analytical ability and an understanding of financial reports and of business drivers.
• Excellent presentation skills.
• Excellent verbal and written communication - Professional and accurate.
• Excellent organisational skills.
• Excellent negotiation skills.
• Confidence to liaise and debate complex issues effectively and efficiently at the highest governance levels through out the organisation and group.