Job Title

Role Description Statement The Order to Cash (OTC) Senior Credit & Collections Accountant is responsible for assessing the creditworthiness of current and potential customers and advice on the setup of new customers, managing credit risk, and supporting the overall OTC process in close collaboration with the country Project Managers and Credit Control Managers. Moreover, the professional is responsible for managing and executing the collections process to ensure timely payments from customers, maintaining healthy cash flow and minimizing risk of bad debts. The Senior Credit & Collections Accountant will play a crucial role in maintaining financial stability of the organization by ensuring that receivables are collected in a timely manner. Key Responsibilities (High Level) Evaluate customer credit applications using credit scoring models and financial analysis to determine the degree of risk involved in extending the creditAnalyze new customer and advise on the acceptance/rejection for the setup in the Master DataConduct thorough financial analysis, including reviewing financial statements, credit reports and payment history to set and adjust credit limitsMonitor and analyze customers’ credit exposures and make recommendations to minimize risk and optimize accounts receivablesCollaborate closely with the Credit & Collection Accountants, local Project Managers, sales and customer service teams to resolve credit issues and support business growth while managing credit risk as well as to address any disputes or issues that delay paymentsExecute collections strategies to reduce Days of Sales Outstanding (DSO) and improve cash flowEngage with customers via phone, email or other communication channels to negotiate timely payments and resolve outstanding receivablesMaintain accurate and up-to-date records of all credit & collections-related activities, including credit review, limits and termsCommunicate credit policies and procedures to relevant stakeholders within the organizationLead the collections process, ensuring timely payments from customersPrepare and present credit & collections reports and risk assessments to management, highlighting trends, potential risks and opportunities for improvementSupport the OTC and Reporting & Analytics team with the month-end closing activities, ensuring accurate and timely financial reporting related to credit and accounts receivableMentor and support junior credit & collection professionals, providing guidance and training to ensure a high level of competency within the teamParticipate in continuous improvement initiatives to enhance credit processes and systemsEnsure OTC internal controls are in place in the CoE and followed for the processes performed by this roleEducation and experienceUniversity degree in Finance, Accounting, Business Administration or related fieldMinimum of 3-4 years of experience in OTC, credit analysis, risk assessment or a similar roleExperience within the manufacturing or industrial sectors is preferredCritical success factorsStrong understanding of financial analysis, credit scoring, and risk management principles as well as the collection processesProficiency in financial statement analysis and interpreting credit reportsExcellent analytical, problem-solving and decision-making skillsExcellent communication skills for delivering key insights to i.e.CoE Accounting Manager, Reporting & Analytics team and Country Finance Heads as well as the ability to build relationships with internal and external stakeholdersTechnical & language skillsProficient in ERP systems (relevant to your business unit; SAP, Microsoft Dynamics 365 or iScala)Strong MS Office (Excel, PowerPoint) skillsExperience with Tagetik and Qlik Sense is a plusProficiency in EnglishInterfaces withCustomersOTC AccountantsLocal Project ManagersReporting & Analytics teamAccounting ManagerCountry Finance Heads