Senior Specialist - O2C

NOVARTIS

7 - 10 years

20 - 25 Lacs

hyderabad

Posted:2 days ago| Platform:

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Skills Required

financial analysis accounts receivable sap documentation credit management auditing accounting root cause analysis order to cash budgeting ifrs statutory audit operations compliance financial reporting taxation reporting finance statistics

Work Mode

Work from Office

Job Type

Full Time

Job Description

Monitor and resolve blocked sales orders using tools like SAP and High Radius, ensuring adherence to turnaround time (TAT) and prioritization based on release reason codes (e.g., credit limit exceedance, overdue payments, legal holds).
Conduct root cause analysis for each block, identifying issues such as insufficient credit limits, expired reviews, or payment delays. Collaborate with internal stakeholders (collections, cash application, business teams) to validate payment commitments and ensure accurate release decisions.
Evaluate new and existing customers for creditworthiness, especially when courtesy credit limits are insufficient.
Perform scoring and risk categorization using internal systems (SAP RM, GCMT) and external data providers (e.g., D&B), ensuring proper documentation and approvals. Maintain compliance with annual review cycles, ensuring all active customers have valid risk categories and inactive ones are appropriately blocked.
Update credit master data post-assessment, including credit limits, risk categories, review dates, scoring outputs, and DUNS numbers. Ensure all documentation (scoring results, approval emails, parent-child account changes) is stored per audit and compliance standards.
Support audit readiness by maintaining high standards of data integrity and traceability across all credit management activities. Work with direct managers to support financial activities, decision making and general projects.
Prepare analysis or reporting with particular emphasis on accuracy, compliance and timeliness of data provided (i.e.: reports on profit and loss activity).Provide all data needed for internal (Financial Consolidation and Reporting System) and external reporting (including statutory accounts, national statistics and tax information) in a timely and accurate manner.
Provides first line support on SAP issues including Order Blocks, Credit Worthiness, Financial Risk, Compliance.
Contribute to FRA projects at country or BU level.

Essential Requirements:

University degree
7-10 Years of work experience in Credit Management Process
Proven ability to work cross-functionally with collections, operations, business partners, and IT teams to resolve order blocks and credit issues.
Proficiency in evaluating credit limits, overdue receivables, and total credit exposure using SAP, HighRadius, and Celonis
Skilled in updating credit master data with revised limits, risk categories, review dates, and scoring outputs

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