Deputy Manager AR & Credit

Benefits

Additional Information

Deputy Manager AR & Credit - - - - - - - - - - - - MISSION : The credit analyst is responsible for the management of risk associated with a portfolio of customer accounts within their remit as part of the Group's general credit policy, as well as for reconciling commercial objectives with financial imperatives. Their responsibilities include: - Risk assessment - Making credit limit proposals - Defining guarantees to be obtained - Recommending provisions and bad debt write-offs In some organizations they may be in contact with Sales and customers; in others with only credit teams. They will report directly to a credit manager or a Company Finance Director. KEY EXPECTED ACHIEVEMENTS Oversee Accounts Receivable operations across regions, driving global process standardization and compliance. Establish governance frameworks, KPIs, and SLA monitoring to ensure efficiency and accountability across AR/Credit teams. Deep knowledge of AR and risk associated with customer accounts (credit analysis) Defined, periodically updated, credit limit for all customers based on risk assessment and needs of business - Guarantees obtained from customers renewed in timely fashion Sales (if need be customers) informed of defined credit limit and analysis of underlying risk Regular contacts maintained with customers to refine risk assessment, share business prospects, etc. Perform cash applications such as payment allocation to AR invoices, Resolve Unallocated Cash, Escalate unallocated cash, Direct Debit Rejections, Partial Payments. Managing Prepayments including Notification of advance payment, booking and clearing advance payment, Customers in Credit Balance, Submit payments to customers (Reimbursement), Control of interfaces; reconciliation of errors and resolution. Ensure timely reconciliation of customer accounts and bank receipts.. Analyze financial statements, banking records, market information, and customer profiles to assess creditworthiness. Conduct detailed risk assessments for new and existing customers. Recommend credit limits, payment terms, and risk mitigation measures. Monitor exposure levels and identify early warning signals of potential defaults. Evaluate industry trends and market conditions impacting customer risk. Track outstanding receivables and aging reports to ensure healthy portfolio management. Implement and monitor risk control mechanisms to minimize bad debts and financial exposure. Ensure compliance with internal credit policies and regulatory requirements. Prepare daily, weekly, and monthly MIS reports related to receivables, overdue status, credit exposure, and collections performance. Present portfolio analysis and risk summaries to management during business review meetings. Maintain accurate documentation for audit-ready records related to AR, credit decisions and approvals. Escalate critical overdue cases and support legal or recovery proceedings when necessary. Ensure adherence to collection targets and DSO (Days Sales Outstanding) goals. Support cash flow forecasting through accurate AR updates. Ensure timely month-end closing activities related to AR & Credit. Preparation of Direct Debit, send Direct Debit advice to clients, process client returns. Leading and managing the AR/credit team, build succession plans, and enhance organizational capability maturity. Educational Requirements - This pertains to the degree of education the candidate has completed as a prerequisite in relation to the job function described under 'Role and Responsibilities'. - Master's degree in accounting, Finance or Business Administration - CFA, FRM Work Experience - Minimum 6-7 years in the handling Finance related profiles - Experience in Business process outsourcing/Shared service is an advantage.

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Company Intel

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