Senior Executive- Credit Specialist

Job Description

How will you do it? Responsible 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) Should possess a clear understanding of Company Financials (P&L, Balance Sheet & Cash Flow Statements Provide recommendations tied to analysis and assessment of credit risk Analyze / approve new account applications (Credit limit assessment) Responsible to categorize the customers basis the risk (High, Medium & Low) Preparation and reporting of business unit wise Credit Reports Keep up to date with the company s Global Credit Policy and Standard payment terms policy Reinstate or suspend accounts based on credit policies and payment behavior To continuously seek out better ways of performing the processes and support process improvement initiatives To ensure compliance to applicable policies, SOX guidelines, and regulations Audit 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. What we look for? 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 Ability to utilize basic formulas Utilize 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