Reed Accountancy
Ford, UK
20 Mar 2019
20 Mar 2019
Job Role
Credit Manager
Contract Type
Level of qualification
A company that is a global leader in it's field and a fortune 500 company is looking for a Credit Manager, details below: Role: Credit Manager Department: Credit UK

Very competitive - happy to discuss upon application Benefits: Include final salary pension, free family medical cover, discretionary annual bonus of up to 6% and company car

Haddenham, Aylesbury Contract type: Permanent / Full time Overall Purpose: The Credit Manager is responsible for taking timely and sound credit decisions within the assigned business area and within delegated authorities, accommodating client sales while ensuring a clear path to payment aiming at minimization of Credit Losses and past dues. NB. You MUST have a degree in order to be considered for this role. Key accountabilities:
• Translate Global Credit Policy to EU Credit Policy and define the department strategy
• Ensure the Credit Department operates in compliance with policies and procedures
• Achieve client's Credit goals targeting at minimization of credit losses and past dues
• Accountable for order board credit quality, credit losses and past dues
• Ensures client compliance policies related to customer due diligence meet client's Standards of Conduct
• Management of risk mix of new business purchased aiming at goals for PFE's portfolio risk mix distribution
• Recommend or approve credit proposals within delegated authority
• Recommend or approve extended payment terms
• Approve trucks for production prior to fixed scheduling
• Preside Credit Committee to resolve non-approved trucks for production
• Restructure distressed accounts
• Establishment of collateral and security
• Recommend receivables for write-off and pursue bad debt collection
• Determine frequency and schedule touch audits
• Recommend and approve dealer appointments / terminations and perform due diligence for new customers
• Manage timely collection of quarterly dealer financial statements
• Manage dealer-watch process to identify high risk accounts and enforce effective dealer watch action plans
• Ensure accurate and timely Credit reporting
• Operate as internal point of contact for alleged violations of Compliancy regulations and collaborate with other departments to address Compliance issues
• Establish internal controls aiming at mitigation of risk in line with SOX & ICAP programs in place Further information Credit Manager has a direct reporting line within the Credit Organization and dotted reporting line to the Managing Director of the sales unit. There are 3 direct reports. This role involves very high business complexity, conflicting interests in multiple markets and operating in International setting; global markets. Qualifications University degree business administration, multiple years relevant experience in Credit, Finance and Control. Certificate as RA, CPA, RC or MBA is preferred NB. A degree and relevant experience are a prerequisite Multiple years of experience with risk based decision making Knowledge of multiple reporting standards including IFRS If you are interested in this role please send me your most up to date CV asap to Reed Specialist Recruitment Limited is an employment agency and employment business