Debt Risk Management Specialist
4 days ago
Givaudan is a leading manufacturer of fragrances and flavors. We create taste and scent experiences that touch people's lives.
Role OverviewThis role is responsible for the entire credit granting process, including consistent application of a credit policy, periodic credit reviews of existing customers, and assessment of creditworthiness of potential customers.
Key Responsibilities- Credit Risk Analysis: Analyze customer annual financial reports, quarterly and regulatory filings, debt service ratings and other reporting tools to manage and mitigate credit risk.
- Collection Management: Resolve simple collection issues, perform collection follow-up on potential credit risk accounts with significant past due amounts, and monitor/follow up collection action with outside agencies and legal counsel.
- Credit Limit Management: Establish and review credit limits for both new and existing accounts, working with corporate and regional finance to analyze bad debt reserve requirements and recommend monthly accruals.
This role will participate in the quotation and proposal stages to ensure credit terms are appropriate in meeting management's cash flow objectives and the corporate credit and collections policy.
Requirements- A degree in Business, Accounting or Finance and/or relevant professional qualification.
- Experience in credit analysis to quantify risk and assign credit limits within established guidelines.
- Proficiency in English language is required to perform job responsibilities, knowledge of additional languages is an added advantage.
- SAP experience is an added advantage.
- Good command of Microsoft Office (Word/Excel).
We offer competitive pay, best-in-class benefits, and a nurturing environment. Excellent opportunities for progressive learning and development. A creative team environment that will inspire you.
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