Vacancy: Invoice Financing Manager
- Type: Full-Time
- Industry: Consulting
- Category: Accounting & Finance
Jobs at: Nft Consult Ltd
Application Deadline: Monday, August 05, 2024
Duty Station: Within Uganda, Kampala, East Africa
Summary:
- Date Posted: Wednesday, July 10, 2024
- Base Salary: Not Disclosed
Job Details:
Job Summary: The Invoice Financing Manager will oversee and manage invoice financing operations, developing and implementing financing solutions, managing client relationships, assessing risks, and ensuring regulatory compliance. This role involves close collaboration with sales and credit teams to enhance the financing process and improve the overall client experience.
Duties and Responsibilities:
Client Management:
- Develop and maintain strong relationships with clients to understand their financing needs and provide tailored solutions.
- Assist clients with the application process for invoice financing and provide ongoing support and guidance.
Operations Management:
- Coordinate with sales and credit teams to ensure timely approval and disbursement of funds.
Risk Assessment and Management:
- Evaluate and assess the creditworthiness of clients and their invoices to mitigate potential risks.
- Monitor and manage the risk profile of the invoice financing portfolio, taking proactive measures to address any issues.
Compliance and Regulatory:
- Ensure compliance with all relevant regulations, laws, and internal policies related to invoice financing.
- Stay updated with changes in regulatory requirements and implement necessary changes to the financing processes.
Product Development and Improvement:
- Identify opportunities for improving existing invoice financing products and services.
- Develop and implement new financing solutions to meet the evolving needs of clients.
Reporting and Analysis:
- Prepare and present regular reports on the performance of the invoice financing portfolio to senior management.
- Analyze financial data and market trends to identify opportunities and risks in the invoice financing market.
Education, Skills, and Qualifications:
- Bachelor’s degree in Finance, Business Administration, or a related field. A Master’s degree or relevant professional certification (e.g., CFA, CPA) is preferred.
- Proven experience (5+ years) in invoice financing, factoring, or a similar role within the financial services industry.
- Strong understanding of credit risk assessment and management principles.
- Excellent interpersonal and communication skills, with the ability to build and maintain strong client relationships.
- Demonstrated leadership and team management skills.
- Proficiency in financial analysis and reporting tools.
- Knowledge of relevant regulatory requirements.
- Strong problem-solving and decision-making abilities.
- Financial Acumen: Deep understanding of financial products, credit risk, and market trends.
- Analytical Skills: Ability to analyze financial data and market trends to make informed decisions.
- Customer Focus: Strong client relationship management skills to ensure high levels of customer satisfaction.
- Communication: Excellent verbal and written communication skills for client interactions and report preparation.
- Attention to Detail: High level of accuracy and attention to detail in financial assessments and documentation.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job Application Procedure:
Interested and qualified candidates should click here to apply