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This position reports to
Global Credit Risk Management
Your role and responsibilities
In this role, you will have the opportunity to support activities in line with defined strategies, policies, and Credit management procedures. Each day, you will be responsible for managing and analyzing Credit reporting data. You will also showcase your expertise by ensuring accurate financial reporting and compliance with the relevant accounting standards.
The work model for the role is: ,
This role is contributing to the Finance in Bangalore-Hebbal.
You will be mainly accountable for:
- Experience in credit analysis or credit control, acting as Senior Credit Specialist or similar role in a global organization
- Presenting high seniority in Credit Risk Management process, understanding the differences of the country specifics across the organization
- Take active participation in the Credit Circle sessions with the Global O2C Process Owners, Head of Global Credit Risk Management and Team Leader Credit Management
- Regular liaising on difficult matters and escalations with Internal and External Stakeholders (Front Office/Business/3rd Party Customers located globally)
- Assisting and giving professional advice in all credit-related matters to Team Leader Credit Management and Cluster Credit Manager
- Analyzing the creditworthiness of both new (credit assessments) and existing (credit reassessments) customers from quantitative and qualitative point of view and making detailed recommendations on their credit rating and credit limits
- Conducting annual/monthly credit limit review of customers for countries in scope
- Researching companies, gathering and analyzing financial and non-financial information from available sources such as for example external agency, financial statements (balance, cash & flow, profit & loss statements) to develop an understanding of customer's credit profile to make credit extensive recommendation and provide partnership to the Business
- Managing complex customers portfolio
- Having thorough understanding of the processes related to the Credit Control
- Managing the process for new orders put on hold due to exceeding credit limits
- Supporting the Cluster Credit Manager with assessments up to 10M USD, providing analysis to representatives of Local Credit Committee & Group Credit Risk Management in terms of assessments +10M USD and interacting with Business and Sales team on customers credit limit issues and escalations
- Supporting commercial business strategies/objectives by driving global strategy on credit
- Monitoring compliance to Global Credit Policy
- Sharing knowledge and expertise on risk exposure and credit risk mitigation practices within credit area and other functions
- Close cooperation with CFIN SAP4HANA Specialist to implement new credit tools, systems, etc
Qualifications For The Role
- You are immersed engaged in working with SAP S4/Hana good in accounting, payment processing
- 4 to 8 years of experience in credit analysis or credit control, acting as Senior Credit Specialist or similar role in a global organization
- You are passionate about Analytics skills, presentation skills and team handling
- Must- An ability of analyzing financial reports: P&L, Balance Sheet, Cash Flow statement and credit bureau reports
- Degree in Mcom/MBA-finance/ BCOM
- With 30days to 60days Notice period or immediate joiner serving notice
- You are at ease communicating in communication (verbal/written)
- Knowledge of Microsoft Office, specifically on MS Excel & PowerPoint
What's in it for you
- Learn from highly experienced, genuine, and caring colleagues people who are committed to helping you achieve your personal and professional goals.
- Help customers in driving efficiency and sustainability, making a strong impact
- Get motivated by continuous improvement in what we do and how we do it, bring your know-how.
More about us
ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards.
We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory
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