Accounting & Reporting Analyst: Receivable Job in Bangalore at ABB Group

ABB is hiring for the role of Accounting & Reporting Analyst - Receivable!

Responsibilities of the Candidate:

• Evaluating the creditworthiness of customers and assessing their ability to repay their debts.
• Analyzing financial statements, credit reports, and other relevant information to make informed decisions regarding credit limits, terms, and conditions Developing and implementing credit policies and procedures that align with the company's overall financial goals and objectives (in line with ABB Group Credit Policy).
• Establishing guidelines for credit limits, payment terms, credit terms, and credit terms negotiation Collaborating with the sales team to evaluate potential customers and providing guidance on credit terms.
• Additionally, working closely with the collection team and business to reconcile accounts, assess credit risk, and manage cash flow Monitoring customer accounts to ensure timely payments and manage the collections process for overdue accounts.
• Sending reminders, making collection calls, and coordinating ABB’s collection team and various business units if necessary Generating regular reports on credit-related metrics such as accounts receivable aging, bad debt provisions, and collection efficiency.

Requirements:

• Bachelor’s or Master’s degree in Accounting, Business Administration, and Finance.
• Minimum 2 to 3 years of experience in credit management in any manufacturing company.
• Must be flexible in working for any shift timings.
• Good analytical and communication skills.
• Must be proficient in MS Office Suite, SAP knowledge is a huge plus.