Credit Analyst ( H/F)

Key Purpose Statement

The Senior Credit Specialist is responsible for monitoring, reporting and control of credit risk of all account receivable positions in France. Including adequate receivables collection and managing any disputes with customers. With an overall responsibility for overdue and bad debts management . Overall goal is minimization of credit risk while maximizing sales by co-creating the credit control strategy, managing receivables, securities, and customers with respect to credit control.

Outputs & Accountability :

• Credit & Receivables Collection
• Monitoring and Reporting of AR
• Continuous Improvement
• Business Partner and Supporting Function

Credit Control

• Provide input for annual budget for bad debts and overdues
• Responsible for bad debts and management of bad debt reduction
• Responsible for overdue management, in line with company strategy and risk appetite
• Provide input for credit policy and procedures and company adhering to this policy
• Timely and consistent bad debts provisioning calculation on monthly basis
• Timely and accurate proposals for write-offs

Credit & receivables collection

• Work together with the commercial team to optimize collection of receivables
• Individual follow-up with customers in case of disputes and/or overdues
• Internal follow-up of disputes, to be able to successfully handle such requests
• Propose and agree to payment schemes or (re)financing to optimize collections
• Manage and monitor collection activities that are outsourced, e.g. bailiff or collection agency
• Engage in recovery exercises in case of bankruptcies or emerging risks, in cooperation with (internal/external) legal counsel
• Proper recording of agreed collection activity in writing and in SAP
• Proactive follow-up of overdue, agreed collection activity and undertaking of any necessary actions

Monitoring and reporting of AR

• Responsible for monitoring and reporting of receivables positions
• Administrative handling of overdue management and collection schemes in collaboration with ABS
• Archive relevant information in line with agreements and/or legislation
• Responsible for a good functioning credit management tool with adequate information
• Recurring credit reports to stakeholders, incl. overdue (development) at customer level
• At request, provide relevant reports for customers or internal stakeholders (incl. management)

Continuous improvement

• Actively participate in projects to improve current credit control processes
• Responsible for quality of information systems that are used in France for AR
• Contribute to actualization of the administrative organization of receivables management
• Signal any relevant development and translate into credit management policy

Business Partner and Supporting Function

Collaborate effectively with the FP&A Specialist and the Finance Business Partner on other duties as required.

Knowledge & Experience Required

1. Bachelor’s degree, business economics or finance related
2. Experienced with MS Office (excel) and automated systems (SAP)
3. Intermediate English knowledge, speaking and writing
4. Relevant working experience in AR or credit collection

Role, Skills and Attribute

Problem Solving : Identify and analyze issues, then develop and implement effective solutions