Job Role :-
ØResponsible for the timely and accurate performance of a full range of credit tasks (New Customers’ Credit Assessment, Periodic Review of Existing Customers & Thorough Review of Ad-hoc Credit Limit increase requests)
ØShould possess a clear understanding of Company Financials (P&L, Balance Sheet & Cash Flow Statements
ØProvide recommendations tied to analysis and assessment of credit risk
ØAnalyze / approve new account applications (Credit limit assessment)
ØResponsible to categorize the customers basis the risk (High, Medium & Low)
ØPreparation and reporting of business unit wise Credit Reports
ØKeep up to date with the company’s Global Credit Policy and Standard payment terms policy
ØReinstate or suspend accounts based on credit policies and payment behavior
ØTo continuously seek out better ways of performing the processes and support process improvement initiatives
ØTo ensure compliance to applicable policies, SOX guidelines, and regulations
ØAudit support for own BU and any other assigned BU on internal and external Audit.
·Adherence to company’s Global Credit Policy (in detail) and a thorough knowledge of it
·Conduct thorough Credit Risk Analysis, reinstate, or suspend accounts based on credit policies and payment behavior.
·Ensure performance measures are met or exceeded in a timely manner.
·Based on sales demand review customer past trend and propose for additional Credit Limit
·Adhere to the DOA and seek necessary approvals before setting up the credit limits and order releases
·Updating approved credit limits to the ERP system
·Coordinate month end closing process within given timelines.
Responsibility :-
·Graduate or Postgraduate in commerce / master’s degree in finance
·Proficient in English, both verbal and written communication skills would be preferred
·Working experience within a shared services environment is mandatory
·2-5 Years of experience required in combination of Credit & Collection, MS-Office, SAP, Oracle, D&B etc.
·Should have in depth knowledge of all the parameters which will help evaluating the credit worthiness of the customers.
·Intermediate skills in Microsoft® Word, Excel, Outlook, and Internet navigation and research, including
üAbility to utilize basic formulas
üUtilize Pivot Tables and V-Lookups
·Ability to manage meeting deadlines and flexible enough to work in a pressured work environment.
·Strong attention to detail and ability to notice discrepancies in data.
·Should have an understanding of CRA (Credit Rating Agencies), Credit Ratings (D&B Ratings preferred), Payment Plan, Bank References, Trade References, Different types of Guarantees, Different Payment Terms, Group Credit Limit (Parent & Subsidiary Ownership) etc
Eligibility :-
ØHave been in your position for not less than 12 months.
ØFY23 Performance should be minimum “Consistently Meets Expectations” or higher
ØEmployees on active warning letters and in PIP for last 6 months are not eligible to apply
ØEmployees with required education/qualification background can only apply which meets the job description
ØUpon selection in one IJP, employee will not be considered for another role and application will cease to exist
ØApplicants undergoing company sponsored certification program are not eligible to apply
ØFresh graduates/postgraduates during their training period are not allowed to apply.