D-22, SITE Area Manghopir Road, Karachi., Karachi, Pakistan, karachi
Department Manager - Main Cash
Job description
- Ensuring credit sales only to credit customers.
- Approving all transactions to Credit Customers according to their Credit Limit, Credit Days and overdue balances.
- Shall ensure the input of credit sales and receipt in MCOP.
- Executing Dunning process as per Group Guideline.
- Ensure complete documentation of all new Customer Registration (Deferred Payment Agreement, its related documents and Master Data Form)
- Completion of existing customer's documentation according to Metro Group Guidelines.
- Monthly reconciliation with all Credit Customers.
- Analyses and integrates numerical, verbal and other information whilst perceiving relationships, patterns, causes and effects.
- Supervise and manage the Main Cash department team, ensuring optimal performance and adherence to company policies.
- Develop and implement strategies to improve cash flow and reduce outstanding debts.
- Liaise with other departments to ensure smooth financial operations across the organisation.
- Prepare and present regular financial reports to senior management.
- Maintain up-to-date knowledge of financial regulations and ensure compliance within the department.
- Identify and mitigate financial risks associated with credit sales and customer accounts.
- Conduct periodic training sessions for staff on credit management and cash handling procedures.
METRO opened its first cash & carry wholesale center in Pakistan in 2007 & expanded to 5 wholesale centers in a short span of 18 months. In July 2012 METRO and Makro-Habib combined their wholesale business in Pakistan marking the beginning of a long-term partnership to the mutual benefit of both companies. The merger allowed METRO and Makro-Habib to combine resources and gain the financial strength to lead and grow in a challenging environment and to gain synergies targeted to generate value for our customers and suppliers alike. Today the company is operating 10 wholesale centers in Lahore, Karachi, Islamabad & Faisalabad with the registered name of METRO Pakistan (Pvt) Ltd.
METRO Pakistan is part of METRO GROUP’s sales division METRO Cash & Carry, the international leader in self-service wholesale. The company operates more than 700 stores in 21 countries and has a workforce of over 100,000 employees. Sales in 2015 were approximately 30 billion Euro.
Bachelors or Intermediate with 6-8 years of experience.
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