Schneider Electric – As the Global Specialist in Energy Management™ and market leader in industrial automation and software, Schneider Electric enables people to experience and transform efficiency where they live and work; from home to enterprise, across the grid and the city. Focused on making energy safe, reliable, efficient, productive and green, the Group brings a world where innovative individuals use collaborative solutions to make the most of their energy, while using less of the common planet.

We are recruiting to fill the position below:


Job Title: Senior Credit Controller

Location: Lagos
Employment Type: Full-time

This Position Works with the following Key Internal Teams

  • Sales, BU VPs, Country GM
  • Finance (Local Finance teams: Cluster CFO, Country Finance FBP, Project Controllers & FBPs and Functional: Zone & Corporate Credit, Treasury Team)
  • Project Management / Contract Management Team
  • Shared services (when applicable)


  • Implement & Drive a Credit Management Organization in accordance with the Standard of the Group.
  • Enhance credit risk control to support business growth under controllable credit risk

Key Responsibilities

  • Lead Country Credit committee & other periodic calls and meetings to ensure the A/Rec Health is maintained with minimum Overdue and DSO
  • Implement policies and procedures to achieve DSO and A/R insurance targets
  • Investigates and determines credit risks, per established policies and procedures:
  • Customer relationship/business intimacy: Have solid experience interacting and working with customers to ensure expectations of both sides are fulfilled
  • Insurance relationship
  • Minimize the Company’s risk and loss potential in extending credit by negotiating various types of security agreements.
  • Responsible for Bad Debt/write off/black listed customers
  • KICs Compliance, Self-assessment campaign
  • Coordinate Collection with Sales & Project/Services execution, resolve credit problems
  • Manage and develop credit team staff, introduce best practices from SE Group or other entities.
  • Preliminary risk assessment for Transactional (threshold based on CoA) /on-site-local intelligence: annual and regular credit risk review of customers to identify potential risk and take initiatives to control risks
  • Preliminary assessment for Projects
  • Conduct financial statement analysis and analysis of data obtained from trade and bank references. Prepare recommendations and make credit approval decisions on new & existing accounts
  • Escalation of critical overdue non-payment to PA Management and Zone Credit
  • Provide regular reports to help monitor credit exposure of customers on an on-going basis.
  • Responsible for credit control on open accounts: customers assessment, customer code creation, propose credit limit and terms, A/R follow up and reporting, overdue accounts collection
  • Identify and document invoicing and/or equipment problems that may unduly delay payment to the Company and expedites solutions
  • Maintain credit management system (SAP, myDSO etc) to keep track of performance

Required Skills

  • At least a Bachelor’s Degree in Accounting, Finance, Business, Mathematics or related field.
  • At least 10 years of experience in Credit, preferably in an international company environment.
  • Advanced knowledge of MS Office
  • Proven track record of making successful credit decisions
  • Excellent teamwork, organization and communication skills
  • Strong analytical skills and an eye for detail, along with strong problem-solving skills


How to Apply
Interested and qualified candidates should:
Click here to apply


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