Credit Manager

Recruiter
ABB GROUP
Location
Bangalore, IN
Salary
Competitive
Posted
22 Oct 2019
Closes
26 Oct 2019
Ref
1217637432
Job Role
Credit Manager
Contract Type
Permanent
Hours
Full-time
Level of qualification
Qualified
Join ABB and work in a team that is dedicated to creating a future where innovative digital technologies allow greater access to cleaner energy. One of the reasons for ABBs success is our rigorous and forward-thinking Finance function. With more than 3,600 people in over 100 countries, the integrated Finance organization delivers the insights we need to make successful, long-term business decisions. This position is responsible for consistent application of a credit policy, periodic credit reviews of existing customers & the assessment of the creditworthiness of potential customers.This individual will also provide key business reports, and provide suggestions to improve the companys credit management procedures and to prevent future issues. Your responsibilities Maintain the corporate credit policy for all customers, across country zones Conduct research and provide fundamental analysis and initial recommendation on large customers and other high impact counterparties Prepares and provides reports reflecting status of overdue receivables, accounts receivables report monthly Coordinate with business controllers to identify reasons the delay in payment from the top customers and contribute to the annual review process for the customers. Establish and maintain effective and cooperative working relationships with business controllers and perform other assigned tasks and duties necessary to support the Accounts Receivable Department Provide various inputs to the Country Credit Committee meetings and ensure SOX compliance Periodic review of Credit limits of various customers & taking necessary action to revise the same as required Living ABBs core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business. Your background Commerce Graduate or equivalent, preferably in Accounting or Finance or Engineering with Master of Business Administration (MBA) 5-7 years experience in a fast paced finance / Credit Management environment Knowledge of credit assessment procedures and ability to Interact with various Rating Agencies in getting the required information Excellent written and verbal communications skills