Invoice Financing Manager job at Nft Consult Ltd

About the Organization

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

We are an ISO 9001:2015 accredited Human Resource Management firm offering Recruitment, Manpower Outsourcing, Payroll and Provision of IT Enabled HR Solutions. We specialise in the Oil & Gas, Telcoms, IT and Financial Sectors and are located in Uganda, Kenya, Rwanda, Tanzania, Burundi, Zambia and South Sudan. Through the partnerships we have developed with our clients and firms offering similar services we are able to extend our services throughout Africa. We are committed to making a difference in our community through the relevant solutions we offer.

Job Description

The Invoice Financing Manager will be responsible for managing and overseeing the invoice financing operations within the company. This role involves developing and implementing financing solutions, managing client relationships, assessing risks, and ensuring compliance with regulatory requirements. The Invoice Financing Manager will also work closely with the sales and credit teams to optimize the financing process and enhance 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 the 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.

Qualification, Experiences and Competencies

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.