Associate, Business Services

2 weeks ago

Thane, India Avient Full time

**DESCRIPTION**:
Avient Corporation (NYSE: AVNT), with expected 2021 revenues of $4.9 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

- Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials
- Light-weighting solutions that replace heavier traditional materials which can improve fuel efficiency in all modes of transportation
- Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

**WHY AVIENT**:
At Avient, we strive for a culture of trust and engagement. Our associates are leading company initiatives such as Lead by Women, HYPE (Harnessing Young Professionals), Pride at Avient and Embrace to advance diversity in professional and personal development. We also provide our associates with robust development programs such as Avient Academy, Lean Six Sigma, and various leadership workshops to allow for career growth in a variety of ways. With workplace flexibility, health and wellness programs, casual dress days, and paid time off for community service, we are committed to building upon our positive momentum.

At Avient, we believe diversity of ideas and backgrounds gives us the creativity to be successful in a rapidly changing world. In support of this, we stress equality of opportunity for all qualified individuals in accordance with applicable laws. Decisions in hiring, promotion, development, compensation and advancement are based upon non-discriminatory factors such as, for example, qualifications, abilities, experience, and performance.

**Job Specification - Associate, Business Services - Credit Management (CM)**

**Job location**:Renaissance Industrial & Warehousing Complex, Unit no. WA-06, Village: Vashere, Amane B.O Padgha-Kalyan Toll Road, Tehsil
- Bhiwandi, District
- Thane, PIN 421 302.

**Job Summary**

To contribute to deriving operational excellence for SSC OTC by playing a key role in Offshore process Migrations, Month End Closing, Credit risk mitigation, Order release, Account Reconciliations creation and review.

**Essential Functions**

**Essential Function 1: Process Operations**
- Should be able to create credit scoring models as a credit risk team member.
- Should ensure that all the credit limits given out should comply with the procedures and regulations.
- Should be able to keep track and record the AR payments and bad debts account.
- Should lookout for the company’s credibility and potential revenues and losses.
- Should be able to negotiate credit terms with Sales team for new and potential customers.
- Have regular interaction with Sales team to discuss outstanding collections Coordinate with Customer service team to gather additional details with respect to collections or credit management transactions
- Credit assessments for Existing customers Maintaining Internal Tracker for the activities/SLA DTP-SOP s updating regularly basis Adhere to process defined Service Level Agreements (SLA).
- Perform collection and credit management tasks as per defined TAT Accuracy: Ensure 100% accuracy rate in day-to-day activities.
- Analyze individual and business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios.
- Use ratio analysis and evaluate other qualitative factors to determine a client’s risk of default.
- Work with Credit Manager and Closing partners to ensure a seamless and timely delivery of credit to the client, while maintaining a strict regulatory and control environment.

**Essential Function 2: People Aspects**
- Participate in weekly team meetings
- Team oriented and process driven. Proactive and one team attitude
- Share and assist Team manager on building lean culture in the team, for efficient service delivery
- Perform and ensure smooth month end close and reporting for assigned entities.

**Essential Function 3: Stakeholders /Cross Functional Relationship Management**
- Maintain positive & strong work relationships with cross functional teams and respective stakeholders.
- Establishing and maintaining strong, collaborative relationships with internal and external customers
- Interface with other SSC teams to ensure compliance with cross-team responsibilities

**Education**
- B.COM/MCOM
- Accounting education Must; any degree in accounting

**Business Experience**
- Essential: +2 Years (Non CA)
- Essential: High end Accounting & Analytical skills
- Desirable: SAP FICO Closing and Reporting Experience.
- Desirable: Working experience within a shared services center/BPO

**Additional Qualifications**

Desirable: Degree/Diploma in Business Management

**Competencies**

Each position at Avient focuses on eight Core Competencies as a Leader of Self

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