ABB accounting, finance graduates and postgraduate jobs
overview:
ABB is hiring experienced credit analysts for its Bangalore location. You will work as a Credit Analyst and part of the Financial Services business in the Finance and Accounting practice based in Bangalore, India. In this role, you will report to the Accounts Receivable Accounting and Reporting Manager and be responsible for processing the Accounts Receivable team’s accounting transactions in a complete, accurate, and timely manner, ensuring compliance with internal guidelines and procedures and external regulatory requirements.
Here are the complete details for this job:
Roles and responsibilities:
The ideal candidate should be able to:
- Assess a customer’s creditworthiness and assess their ability to repay debt. This includes analyzing financial statements, credit reports, and other relevant information to make informed decisions regarding credit limits, terms and conditions.
- Develop and implement credit policies and procedures in line with the company’s overall financial goals and objectives (in line with ABB Group Credit Policy). This includes establishing guidelines for credit limits, payment terms, credit terms, and negotiation of credit terms.
- Work with the sales team to evaluate potential customers and provide guidance on financing terms. Additionally, we work closely with collections teams and businesses to reconcile accounts, assess credit risk, and manage cash flow.
- Monitor customer accounts to ensure on-time payments and manage collection processes for past due accounts. This includes sending reminders, making collection calls and coordinating with ABB’s collections team and various business units, as required.
- Generate periodic reports on credit-related metrics such as receivable age, allowance for doubtful accounts, and collection efficiency. These reports help management assess overall credit risk and make informed decisions.
Eligibility criteria
- Bachelor’s or Master’s degree in Accounting, Business Administration, or Finance
- 1-3 years of credit management experience in a manufacturing company.
- Must be able to work flexibly to suit shift timings
- Excellent analytical and communication skills
- Familiarity with MS Office Suite is required, but knowledge of SAP is an added advantage
To apply for this job, please visit the official website
Disclaimer: The above recruitment information is for informational purposes only. The above recruitment information is extracted from the association’s official website. We do not guarantee employment. Recruitment will follow the formal recruitment process of the company or organization posting the vacancy. There is no charge for providing this job posting. Neither the author nor Studycafe and its affiliates accept any liability for any loss or damage of any kind arising from the information in this article, or for any actions taken based on it.
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