Finance Manager: Legal Credit

Overview

We are seeking a high-calibre, commercially-minded Finance Manager: Legal Credit to lead our credit risk and recovery operations. This critical role requires a strategic leader who can balance aggressive financial goals with robust risk mitigation, ensuring our legal exposure is minimised while optimising the long-term health of our portfolio.

The ideal candidate brings a sophisticated blend of financial acumen and legal expertise, specifically within credit management and recovery frameworks. You are a decisive leader with a proven track record of developing data-led collection strategies and navigating complex regulatory environments to drive sustainable business outcomes.

Responsibilities

• Manage the relevant department’s collection targets on a daily/weekly/monthly basis.
• Manage the department’s target with regard to normalised accounts and ensure that all normalised accounts are identified, activated and transferred back to credit control.
• Oversee and control the top 40 legal accounts under his/her control (Including those of Supervisors), ensuring that relevant risks are identified and reported to Senior Manager: Legal Credit.
• Prepare monthly handover files (New instructions) to attorneys/ pre-legal and bad debt call centres in accordance with the prescribed format provided.
• Prepare monthly debit order resubmission files in accordance with the prescribed format provided.
• Prepare bulk update requests as and when necessary, in accordance with company policy.
• Calculate/prepare and submit monthly incentives for the department in accordance with company policy.
• Manage, control and oversee the monthly legal handovers received from credit control.
• Ensure that systems are updated with the relevant process statuses.
• Provide supervisors with the necessary support with regard to difficult debtors.
• Oversee and control the accounts under his/her control, ensuring that legal credit controllers work on all accounts at least every 14 days.
• Check and authorise (within mandate) the relevant financial documents received from legal credit controllers on a daily basis.
• Check all invoices for correctness and ensure that supervisor/s provide all relevant invoices for payment received from attorneys, pre-legal and bad debt call centres on a weekly basis and authorise for payment.
• Manage, control and ensure that all payments received from attorneys, pre-legal and bad debt call centres are captured from the suspense account onto the debtor’s accounts within 24 hours of receipt thereof.
• Ensure that there are no unallocated credit balances older than 30 days as at month end. (Invoices wrt damages to be raised on a daily basis).
• There are no debit balances older than 30 days on all relevant sub-segments (Bad Debt).
• There is no active billing on legal/Bad debt accounts.
• Any ad hoc requests as per the General Manager: Legal Credit.
• Ensure that products meet customer needs and expectations.
• Supervise normal credit control functions under his/her control, including allocations, debit and credit balances, etc.
• Authorisation of financial documents, journals, debit and/or credit notes within the mandate.
• Ensure that all policies and procedures of the department/company are adhered to.

Qualifications, Experience & Skills

Educational Qualifications:

Bachelor’s degree in Law

Years of Experience

5+ years’ experience in credit/legal/finance roles; exposure to tech, telematics, or fleet industries.

Proficient in financial analysis, risk assessment, legal frameworks, and contract law.

A minimum of 3 years’ experience in a management role.

Why Join Netstar?

• Be part of South Africa's leading telematics company with a strong market position and growth trajectory.
• Access to Altron Group resources, shared services, and career development opportunities.

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