Credit Analyst – Accounts Receivable Job in Bangalore at ABB Group

ABB is hiring for the role of Credit Analyst - Accounts Receivable!

Responsibilities of the Candidate:

• Evaluating the creditworthiness of customers and assessing their ability to repay their debts. This involves 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). This includes establishing guidelines for credit limits, payment terms, credit terms, and credit terms negotiation.
• Working with ABB’s collection team and ABB’s various business units to build strong relationships and resolve any credit-related issues. This involves effective communication and negotiation to ensure prompt payment and manage any disputes or delinquencies.
• Collaborating with the sales team to evaluate potential customers and provide guidance on credit terms. additionally, you will work closely with the collection team and business to reconcile accounts, assess credit risk, and manage cash flow.
• Conducting periodic credit committee meetings (including preparation of various data required for the meeting), and implementation of committee action items.

Requirements:

• Bachelor’s or master’s degree in accounting, Business Administration and Finance.
• 1 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.