Credit Risk Manager

Cummins

4.3

(41)

Scoresby, Australia

Why you should apply for a job to Cummins:

  • 4.3/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 83% say women are treated fairly and equally to men
  • 85% would recommend this company to other women
  • 97% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Annual merit and profit sharing based on individual and company performance.
  • More than 150 employee resource groups (ERGs) worldwide provide opportunities for leadership training and professional development.
  • 55% of Cummins’ Executive Team, made up of leaders guiding company strategy, is made up of women.
  • #R-B312ACB78F604D99836BAE249EB2AD86

    Position summary

    Partner with sales/commercial function on key business growth needs by providing credit/financial support.

    • Encourage cross business segment communication on credit issues involving common customers within the region to develop risk mitigation strategies.

    • Coordinate effectively with all stakeholders to optimize customer experience

    • Support the implementation of Corporate Credit Policies and assures audit compliance against them.

    • Lead special projects to improve Accounts Receivable credit systems, reporting and processes.

    • Implement and manage the reporting and analysis of credit risk strategies and receivables performance health metrics with a focus on continuous improvement

    • Responsible for audit of credit notes raised by the business to ensure compliance

    • Manage the internal and external audit reviews of our department.

    • Interpret credit policy, guidelines and procedures, particularly with respect to both compliance and performance reporting

    • Understand, implement and monitor PPSR Strategy

    RESPONSIBILITIES

    Critical Competencies:

    Financial acumen - Interpreting and applying understanding of key financial indicators to make better business decisions.

    Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.

    Values differences - Recognizing the value that different perspectives and cultures bring to an organization.

    Credit Management - Assesses customer credit worthiness and risk to ensure that credit limits support sales strategies while maximizing accounts receivable collectability and minimizing bad debt balances; evaluates business opportunities to maximize sales without taking on undue balance sheet risks; analyzes customer payment performance to identify potential risks in order to optimize collection efficiency and minimize bad debts.

    Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.

    QUALIFICATIONS

    Additional Information:

    Hybrid Work - Mondays & Tuesday On-Site/ Wednesday - Friday Remote

    Highly Preferred Skills/Experience:

    • Strong Business Partnering skills

    • Experience in operational credit strategies both credit risk & collections

    • College, university, or equivalent degree in Accounting, Finance, Economics or related subject required.

    • Progress toward financial certification is also preferred.

    Job Finance

    Organization Cummins Inc.

    Role Category Hybrid

    Job Type Exempt - Experienced

    ReqID 2405471

    Relocation Package No

    Why you should apply for a job to Cummins:

  • 4.3/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 83% say women are treated fairly and equally to men
  • 85% would recommend this company to other women
  • 97% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Annual merit and profit sharing based on individual and company performance.
  • More than 150 employee resource groups (ERGs) worldwide provide opportunities for leadership training and professional development.
  • 55% of Cummins’ Executive Team, made up of leaders guiding company strategy, is made up of women.