Accounting, Finance Graduates, Postgraduates Vacancy at ABB

Overview:

ABB is hiring an experienced Credit Analyst at their Bangalore location. You will be working as Credit Analyst and will be part of Finance Services business for Finance and Accounting Operations division based in Bangalore, India. In this role you will be reporting to Accounting and Reporting Manager Accounts Receivable and will be responsible to processes accounting transactions for the Accounts Receivable team in a complete, accurate, and timely manner, ensuring compliance with internal guidelines and procedures, and external regulatory requirements.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

• Evaluating the creditworthiness of customers and assessing their ability to repay their debts. This involves 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 that align 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 credit terms negotiation.
• collaborating with the sales team to evaluate potential customers and provide guidance on credit terms. Additionally, you will work closely with the collection team and business to reconcile accounts, assess credit risk and manage cash flow.
• Monitoring customer accounts to ensure timely payments and manage the collections process for overdue accounts. This includes sending reminders, making collection calls and coordinating with ABB’s collection team and various business units, if necessary
• Generate regular reports on credit related metrics such as accounts receivable aging, bad debt provisions and collection efficiency. These reports help management assess the overall credit risk and make informed decisions.

Eligibility Criteria

• Bachelor’s or Master’s degree in accounting, Business Administration and Finance
• 1 – 3 years of experience in credit management in any manufacturing company
• Must be flexible in working for any shift timings
• Good analytical and communication skill
• Must be proficient in MS Office Suite, SAP knowledge is huge plus

To Apply For This Job, Visit Official Website

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