Senior Credit & Collection Analyst

Asia Cement Public Company Limited (Bangkok)

Sathorn City Tower 8/1 Floor, 175 ,, South Sathorn Road, Tungmahamek,Sathorn, Bangkok

10310, Sathorn

Bangkok, Thailand

Asia Cement Public Company Limited is one of the major cement producers in Thailand. The company operates as a manufacturer and distributor of cement for Thailand, Cambodia, Myanmar, Laos. Our reputation is built on outstanding performance, quality of products, creating innovative products, customer service, dedication and our employees. Further, Asia Cement is dedicated to contributing to the sustainable growth and development of every community where Asia Cement operates.

About this position

The Senior Credit & Collection Analyst is responsible for credit analysis, collection monitoring, reporting, forecasting, and business partnering to manage credit risk and optimize working capital.

Responsibilities

Credit Analysis and Operation Management
• Perform credit analysis of business background, financial statement, and bank statement of new customer applications including set up credit line/ risk class generation
• Perform credit evaluation of existing customers based on risk categories and reassessment cycles
• Release blocked order causing by over credit limit or overdue problems
• Manage collaterals in credit custodian and monitor their database
• Ensure compliance, credit risk controls in accordance with credit policies & procedures
• Make recommendations and update change of credit policies & procedures as appropriate
• Gather and analyse economic, industry or related data to determine impact on business operations/ company’s credit risk as appropriate

Collection Monitoring
• Manage Day Sales Outstanding (DSO) and debtor level (as part of working capital) within set target
• Review and approve hold and release blocked order or escalate to approvers per authorization matrix as defined under credit procedures
• Manage bill collectors and ensuring their optimal arrangement

Reporting & Forecasting
• Develop and analyse appropriate credit reporting requirements (e.g., aging report commentary) to assist in management decision-making
• Monthly monitor overdue and problem accounts with In-house sales team in order to minimize company’s credit risk
• Review and propose to set up/ maintain/ reduce bad debt provisions monthly according to credit policies and procedures
• Coordinate the Credit Committee and providing necessary information for both cement & RMC business on quarterly basis
• Significantly contribute to the forecast & re-forecast process with the business comprehension to forecast and predict A/R and Bad debt provisions

Business Partnering & Others
• Provide risk mitigation solutions and facilitate various risk discussions with business teams and leaders while keeping in mind the growth/ expansion of business.
• Perform customer visit to develop understanding of the market situation and business requirement and demonstrate such understanding in his/her credit decision, when required
• Take part in developing Invoice to Cash (I2C) work process/ system improvement/ change management
• Other duties as assigned by the Superior

Requirements

• Bachelor Degree in Accounting/Finance or Economics.
• Minimum 5 years of experience in the I2C processes especially credit control/ collection/ account receivables. Experience in working with MNCs preferred.
• Must have thorough experience of SAP especially Credit Control/ AR/ Invoice modules.
• Possess analytical and process-driven skills
• Attention to detail and data accuracy is a must
• Able to work under pressure and have “Can do” attitude
• Strong interpersonal and communication skills, good command of English
• Proficiency in Microsoft Offices particularly Excel, Word and PowerPoint