Credit Analyst Invoice to Cash

Johnson & Johnson; Parañaque; On-site; PHP 400,000 - 600,000; Full time

Job summary

A leading company in healthcare seeks a Credit Analyst to manage credit risk assessment and sales order processes. This role involves ensuring compliance with financial controls and improving the credit management process to support business operations in the Asia Pacific region.

Qualifications

• Strong analytical and quantitative skills.
• Experience with credit assessment processes.
• Familiarity with local business conditions and sales forecasting.

Responsibilities

• Conduct customer credit risk assessments and establish credit limits.
• Manage sales order block and release management effectively.
• Ensure compliance with internal controls and processes.

Skills

Credit assessment

Data analysis

Customer relationship management

Education

Bachelor's degree in Finance or related field

Job description

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com

Job Function: Finance

Job Sub Function: AP/AR

Job Category: Professional

All Job Posting Locations: Paranaque, National Capital Region (Manila), Philippines

Job Description:

Overall description

The Credit Analyst is responsible for processing and service delivery in SO release management and customer credit risk assessment in the Invoice to cash (ITC) function for specific business MRCs and markets in Asia Pacific serviced by JNJ Global Services Manila. This position reports to Credit Supervisor.

Job responsibility

• Ensure that adequate and effective internal controls are in place and that processes and policies are established and documented in compliance with WWP, ICH, DTP and other control requirements.
• Work on continuous improvement programs to standardize and improve the efficiency of credit management process across various entities.
• Customer risk assessment and mitigation:
  • Leading customer credit risk assessment process, and review customer credit condition based on local business, sales forecast, credit agency report, financial statement analyzing, bank collateral and available public and non-public medical channels.
  • Assess customer type and establish credit limits based on deep study of customer credit worthiness and industry tendency.
  • Proactively work with internal business partners with comprehensive understanding of local business and marketing, to update customer credit risk. Support review credit applications and provide comments on credit risk assessment.
  • Prepare detailed credit reports and provide insights to the stakeholders on the data gathered.
  • Stay updated on market trends and regulatory changes affecting credit policies.
• Sales order block/release management:
  • Run customer orders held systematically for over limit and/or overdue per local schedule.
  • Manage blocked order in terms of value of on hold order and sales forecast in low and peak season to avoid delay shipping of customer orders.
  • Perform SO release/hold report on a regular basis and make dynamic analysis with management and collection team to ensure proper follow-up on blocked order.
• Support monitor KPI results to meet the commitment of Service Level Agreement, and deliver high quality of service.
• Other ad-hoc tasks assigned by manager.