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Your role and responsibilities

Your role and responsibilities

In this role, you will have the opportunity to support Credit analysis, Credit management activities in line with defined strategies, policies, and procedures. Each day, you will be responsible for managing and analyzing accounts receivable 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:

• Credit Assessment and Risk Analysis: You will be responsible for 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.
• Credit Policy Development and Implement: You will be responsible to develop and implement credit policies and procedures that align with the company's overall financial goals and objectives This includes establishing guidelines for credit limits, payment terms, credit terms, and credit terms negotiation.
• Business Relationship Management: You will be closely working with Collection Team and 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.
• Collaboration with Sales and Finance Teams: You will collaborate 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.
• Conduct Credit Committee Meetings: You will be responsible for conducting periodic credit committee meetings (including preparation of various data required for the meeting), implementation of committee action items.
• Credit Monitoring and Collections: You will be responsible for monitoring customer accounts to ensure timely payments and manage the collections process for overdue accounts. This includes sending reminders, making collection calls, and coordinating Collection Team and various Business units, if necessary.
• Financial Reporting and Analysis: You will be responsible to generate regular reports on credit-related metrics such as accounts receivable aging, bad debt provisions, and collection efficiency. These reports help management assess the overall credit risk and make informed decisions.
  
  

Qualifications For The Role

• You are immersed engaged in you enjoy working with SAP good in accounting
• Minimum 0-2 years of work experience in SAP / S4 HANA is preferred.
• You are passionate about Analytics skills
• Degree in Mcom/MBA-finance/ BCOM
• You are at ease communicating in communication (verbal/written)
• Knowledge of Microsoft Office, specifically on MS Excel & PowerPoint
  
  

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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Skills: Ms Excel, Sap, Accounting, Microsoft Office, Powerpoint, Financial Reporting, Analytics, Sales, business relationship management, Risk Analysis, Credit Monitoring, Analysis, credit assessment, Collections

Experience: 0.00-2.00 Years