Credit Analyst jobs

Summary of Requirement - We are seeking a highly organized and detail-oriented individual to join our Commercial Experience team as a Analyst Credit Controller. As a crucial member of our credit controller team, you will be responsible for managing and optimizing our credit and collections processes. The successful candidate will play a key role in ensuring timely payment from customers, minimizing credit risk, and maintaining strong relationships with clients.

Work Timings - 6.30am to 3:30 pm

Responsibilities and Duties:

• Credit Risk Assessment:
• Evaluate and analyse the creditworthiness of new and existing customers.
• Conduct thorough reviews of credit applications and financial statements.
• Collaborate with Commercial team in market to understand customer profiles and business dynamics.
• Credit Limit Determination:
• Establish and recommend appropriate credit limits for customers based on financial analysis.
• Monitor and adjust credit limits in accordance with changing financial conditions.
• Collections Management:
• Implement effective strategies for timely collections and reduction of overdue accounts.
• Work closely with customers to resolve payment issues and negotiate payment plans when necessary.
• Credit Reporting:
• Generate and maintain credit reports for management review.
• Provide regular updates on credit metrics, trends, and potential risks.
• Policy Compliance:
• Ensure compliance with credit policies, procedures, and relevant regulations.
• Develop and update credit control policies to align with business objectives.
• Customer Communication:
• Maintain open communication with customers regarding credit-related matters.
• Respond promptly to inquiries and provide clarification on credit terms and policies.

Qualifications and work experience:

• Educational qualification: Graduation from a recognized institution
• Work Experience: 3-5 years

Skills and competencies:

• Strong understanding of order-to-cash processes and a keen eye for detail
• Strong understanding of credit risk management principles.
• Excellent communication and negotiation skills.
• Basic knowledge of Microsoft office applications like Word, Excel and PowerPoint.
• Preferred working experience with Major ERPs

Pay: ₹60,000.00 - ₹80,000.00 per month

Application Question(s):

• What is your Current and Expected CTC?
• How soon can you join if selected?

Work Location: Hybrid remote in Bengaluru, Karnataka