Senior Credit Analyst, Invoice to Cash

Professional
All Job Posting Locations:
Paranaque, National Capital Region (Manila), Philippines
Job Description:

Overall description

The Senior Credit Analyst is responsible for processing and service delivery in SO release management and customer credit risk assessment in the Invoice to cash (ITC) function for specific business MRCs and markets in Asia Pacific serviced by JNJ Global Services Manila. This position report to Credit Supervisor.

Job responsibilities

• Ensure that adequate and effective internal controls are in place and that processes and policies are established and documented in compliance with WWP, ICH, DTP and other control requirements.

• Work on continuous improvement programs to standardize and improve the efficiency of credit management process across various entities.

• Customer risk assessment and mitigation:

• Leading customer credit risk assessment process, and review customer credit condition based on local business, sales forecast, credit agency report, financial statement analyzing, bank collateral and available public and non-public medical channel.

• Assess customer type and establishes credit limits based on deep study of customer credit worthiness and industry tendency.

• Proactively work with internal business partners with comprehensive understanding of local business and marketing, to update customer credit risk. Support review credit applications and provide comments on credit risk assessment.

• Prepare detailed credit reports and provide insights to the stakeholders on the data gathered.

• Stay updated on market trends and regulatory changes affecting credit policies.

• Sales order block/release management:

• Run customer orders held systematically for over limit and/or overdue per local schedule.

• Manage blocked order in terms of value of on hold order and sales forecast in low and peak season to avoid delay shipping of customer orders.

• Perform SO release/hold report on a regular basis and make dynamic analysis with management and collection team to ensure proper follow-up on blocked order.

• Support monitor KPI results to meet the commitment of Service Level Agreement, and deliver high quality of service.

• Other ad-hoc tasks assigned by manager.

Job Requirements

• Bachelor's Degree in Accountancy or relevant Finance field
• At least 2 years of professional experience in a related Accounting function, specializing in Financial Statement Analysis and Credit Risk Assessment
• Strong stakeholder management skills, and works well with cross-functional teams such as Sales, Finance, and Collections
• Professional exposure in SAP is a strong plus
• Strong exposure in a Shared Services organization is a strong plus
• Willing to work in a hybrid set-up
• Willing to work in Bicutan, Paranaque