Assistant Credit Manager

ADM Philippines Inc; Cebu City; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

ADM Philippines Inc. is seeking a senior Credit Analyst to manage credit risk and collections across the Philippines. You will analyze financial statements, recommend credit limits, and coordinate with Commercial, Legal, Operations, Treasury and Finance to resolve issues. Strong English communication, multi-cultural collaboration, and independent work style are essential for success.

Travel and after-hours calls may be required as part of regional coverage and process improvements.

Qualifications

• Bachelor’s degree or equivalent in accounting, finance or related discipline.
• Min 5 years of credit analysis and collections management experience in a commodity trading/manufacturing MNC or a bank.
• Ability to communicate fluently in English.
• People management experience is a bonus.
• Open to after-office hours conference calls and travelling when required.

Responsibilities

• Manage credit risk and collections for the Philippines and other assigned portfolios.
• Recommend and approve credit limits, payment terms, block releases, and risk mitigation measures through credit insurance, guarantees, financial statement analyses, competitive analyses, projection of business volumes, payment performance and trade references
• Engage business partners in discussions on credit and collection issues and evaluate business case to decide on exceptional credit approvals
• Review and structure AR factoring solutions to improve working capital and mitigate credit risk while meeting business needs
• Manage and drive AR results
• Administer credit insurance policies and support the preparation and follow-up of credit insurance claims.
• Recover bad debts through credit insurance claims, bank/corporate guarantees, collaterals, payment plans
• Work closely with stakeholders such as Commercial, Legal, Operations, Treasury and Finance to resolve credit and collection issues
• Support portfolio integration initiatives, develop and implement processes to meet integration requirements, and establish measurements to monitor and track integration progress and success.
• Represent regional credit centre and participate in corporate initiatives and system implementation projects
• Identify gaps in processes, recommend and manage initiatives to improve credit operational efficiency
• Perform regular reviews on customers, markets and countries
• Conduct customer visits when necessary to resolve credit issues and establish relationship
• Ad-hoc responsibilities as assigned

Skills

Credit analysis

Collections management

English fluency

Stakeholder communication

Team collaboration

Education

Bachelor's degree in accounting/finance

Job description

Responsibilities:

• Manage credit risk and collections for the Philippines and other assigned portfolios.
• Recommend and approve credit limits, payment terms, block releases, and risk mitigation measures through credit insurance, guarantees, financial statement analyses, competitive analyses, projection of business volumes, payment performance and trade references
• Engage business partners in discussions on credit and collection issues and evaluate business case to decide on exceptional credit approvals
• Review and structure AR factoring solutions to improve working capital and mitigate credit risk while meeting business needs
• Manage and drive AR results
• Administer credit insurance policies and support the preparation and follow-up of credit insurance claims.
• Recover bad debts through credit insurance claims, bank/corporate guarantees, collaterals, payment plans
• Work closely with stakeholders such as Commercial, Legal, Operations, Treasury and Finance to resolve credit and collection issues
• Support portfolio integration initiatives, develop and implement processes to meet integration requirements, and establish measurements to monitor and track integration progress and success.
• Represent regional credit centre and participate in corporate initiatives and system implementation projects
• Identify gaps in processes, recommend and manage initiatives to improve credit operational efficiency
• Perform regular reviews on customers, markets and countries
• Conduct customer visits when necessary to resolve credit issues and establish relationship
• Ad-hoc responsibilities as assigned

Requirements:

• Bachelor’s degree or equivalent in accounting, finance or related discipline
• Min 5 years of credit analysis and collections management experience in a commodity trading/manufacturing MNC or a bank
• Ability to work in a multi-cultural environment and liaise with various groups and management levels
• Ability to communicate fluently in English language
Committed, independent, analytical, meticulous, mature and effective team player
• Strong communication, presentation, interpersonal and team collaboration skills, with the ability to work independently.
• Receptive to changes in responsibilities from time-to-time and willing to accept new challenges
• People management experience is a bonus
• Open to after-office hours conference calls and travelling when required