Job - Credit Risk Manager

About Us

East African Breweries PLC (EABL) is East Africa’s leading branded alcohol beverage business with an outstanding collection of brands that range from beer, spirits and adult non-alcoholic drinks (ANADs), reaffirming our standing as a total adult beverage (TAB) company.

EABL has extensive operations in Kenya, Uganda and Tanzania with breweries, distilleries, support industries and a distribution network across the region. It also runs a growing export operations business within and outside of the wider Eastern Africa region. The group’s diversity is an important factor in delivering the highest quality brands to East African consumers and long-term value to East African investors.

EABL operates within a multi-cultural, multinational, multi-currency environment, dealing with various regulatory, tax and compliance requirements

EABL is a Public Listed Company (Plc) listed on the Securities/Stock Exchange in Kenya, Uganda and Tanzania.

Purpose of role

The Credit Risk Manager is responsible for safeguarding Serengeti Breweries Limited’s revenue and cash flow by effectively managing customer credit risk and working capital requirements. The role ensures that credit is granted in line with company policies, exposures are monitored, and overdue receivables are minimized while supporting commercial growth in a highly competitive FMCG environment.

Top 3-5 Accountabilities

Credit Risk Management

• Develop, implement, and maintain robust credit risk policies and procedures aligned to SBL and group standards.
• Assess customer creditworthiness using financial analysis, market intelligence, and internal sales data.
• Review and approve credit limits, payment terms, and guarantees in line with delegated authority levels.
• Continuously monitor credit exposure, debtor aging, and risk concentrations across routes to market.

Accounts Receivable & Cash Flow

• Partner with the Sales and Customer Service teams to ensure timely collections, adequate working capital and optimal cash conversion.
• Track overdue balances and drive action plans to reduce aging and bad debt provisions.
• Recommend and implement corrective actions for high‑risk or delinquent customers.

Stakeholder Collaboration

• Work closely with Sales, Commercial Finance, Legal, and Supply Chain teams to balance risk and growth objectives.
• Provide credit risk insights to support customer negotiations, promotions, and new route‑to‑market strategies.
• Engage with external parties such as insurers, banks, and auditors on credit‑related matters.

Reporting & Governance

• Prepare regular credit risk and receivables performance reports for management and group reporting.
• Monitor compliance with internal controls, audit requirements, and governance standards.
• Support internal and external audits by providing required credit documentation and analysis.

People & Capability Development

• Coach and support credit controllers and finance team members to improve credit management capability.
• Promote strong risk awareness and adherence to credit policies across the business.

Qualifications and Experience

Education

• Bachelor’s degree in finance, Accounting, Economics, Business Administration, or a related field.
• Professional qualification (CPA, ACCA, CFA, or equivalent) is an added advantage.

Experience

• Minimum of 5–8 years’ experience in credit risk management, accounts receivable, or commercial finance.
• Proven experience in FMCG, beverage, or distribution‑intensive environments preferred.
• Strong understanding of Tanzanian market dynamics and customer credit behavior.

Diversity statement:

Our purpose is to celebrate life, every day, everywhere. And creating an inclusive culture, where everyone feels valued and that they can belong, is a crucial part of this.

We embrace diversity in the broadest possible sense. This means that you’ll be welcomed and celebrated for who you are just by being you. You’ll be part of and help build and champion an inclusive culture that celebrates people of different gender, ethnicity, ability, age, social class, educational backgrounds, experiences, mindsets, and more.

Our ambition is to create the best performing, most trusted and respected consumer products companies in the world. Join us and help transform our business as we take our brands to new heights and build new ones as part of shaping the next generation of celebrations for consumers around the world.

Feel inspired? Then this may be the opportunity for you.

If you require a reasonable adjustment, please ensure that you capture this information when you submit your application.

Recruitment Scam Warning

Protecting candidates is very important to us. All communications regarding your application will come from an email address ending in @diageo.com. In our recruitment process, we'll never ask for money.