Senior Credit & Collection Analyst
About this position
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