Key Technical Skills of an International Credit Director

☆ A competent International Credit Director has the ability to:

• Create an environment with a continuum of highly accelerated cash released from A/R.
• Forecast the AR position, cash collected, bad debt provision requirements and write-offs over the course of the financial year.
• Accurately understand the impact of the credit function on the profit and loss of the business.
• Understand and quantify the financial risk to the enterprise and communicate the 360-degree magnitude of that risk.
• Understand, quantify, and explain the impact of financial loss to the enterprise.
• Understand and manage the cultural and legal diversity of all territories within the portfolio.
• Be the trusted source for the identification of opportunity to generate incremental revenue at tolerable financial risk.
• Be instrumental in the creation of an efficient OTC model with extremely low defect tolerance.
• Create an organisational model which caters comprehensively to the needs of the enterprise.
• Manage the functional budget, delivering the best people, systems, and processes in support of the enterprise.
• Be the principal provider of Credit and Collection expertise, in the organisation, in relation to organisational development.