Credit Control Executive
2 days ago
**Croda is a FTSE100 organisation focused on our purpose of Smart Science to Improve Lives. With a market capitalisation of ~£6 billion and nearly 6,000 employees globally, our smart science is found in products that touch our lives every day. As the name behind some of the world’s most successful brands, we are developing innovative and sustainable ingredients that provide vital functionality to the Consumer Care markets.**
**As we continue to deliver cutting-edge technology and new ideas, we are looking for a Credit Control Executive to join our organisation and be a part of our finance team to ensure efficient collection of receivables from customers and compliance to Crdoa's credit and ethics policy.**
**Reporting into the Finance Controller, you will prepare monthly collection plan, monitoring the actual collections, issue daily collection updates to the management, follow up for delayed payments, implementing credit control measures and monitoring accounting of collections from customers. You will also be responsible for timely reconciliation of accounts for each customer and undertaking review of customer-wise credit limits with sales & marketing teams twice a year.**
**Who We’re Looking For**:
**At Croda, we believe our people are the heart of our success. We are committed to fostering an environment where you can grow, make a meaningful impact, and thrive.**
**Degree qualified in Accounting, MBA or semi qualified CA.**
**Proven Experience of credit management processes**
**Must have exposure to SAP**
**Strong inter-personal skills and ability to communicate with customers in an assertive manner**
**Must have Knowledge of Transfer Pricing Compliance, FEMA, Insurance & Companies Act**
**Ability to work within a team**
**What You’ll Be Doing**:
**The Primary activities include on-line review of orders under credit lock, processing the debit / credit notes for discounts and commissions and monitoring the advances and security deposits received from customers.**
- **Provide senior management with analysis and updates on old overdue and prepare monthly provisions for bad and doubtful debts.**:
- **Certain problems faced such as the release of goods for dispatch following receipt of authorization can be resolved after further investigation. The remaining problems regarding credit locks are directed to the line manager.**:
- **Will be responsible for preparing monthly balance sheet schedules and handling internal and external audit queries pertaining to the accounts receivable area.**:
- **Regular communication with customers in persuading them to settle their accounts in a timely manner. Build and maintain strong relationships with internal departments, more importantly sales & marketing and customer service.**:
- **To assess, review & upload the revised credit limit twice in a year based on the customer’s past payment history, future business plan and Sales Manager’s recommendation. Other daily decisions are taken within clearly defined tasks. This affects entire department or disciplines within other departments. In case of more complex decisions, advice of the line manager is readily available.**:
- **While usual work will be within established methods, it may be required that you suggest ways of improved cash collection. The role requires you to develop short term plans on how to achieve your objectives improved collection.**:
- **You are required to comply with Internal Group ethics framework**
**What We Offer**:
**Join a global organization with countless opportunities for growth and leadership.**
**Free Parking at site**
**Best in class Medical Benefits**
**Transportation**
**Career Development**
**Generous leave policies**
**Additional Information**
**Croda recognises employees as our strength and the diversity they bring to our workforce are directly linked to our ongoing success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including age, race, colour, religion, national origin, gender, sexual orientation, gender identity, gender expression, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
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