Regional Credit Excellence Manager

L'OREAL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading beauty company in Singapore seeks a Regional Credit Excellence Manager to optimize credit management across the SAPMENA region. The role focuses on minimizing risk while enhancing operational efficiency. Candidates should hold a Bachelor's degree in Finance/Accounting and possess proven credit management experience. Strong analytical skills, proficiency in SAP, and excellent communication abilities are essential. This position entails developing strategies and conducting credit assessments while working collaboratively across departments.

Qualifications

• Proven experience in credit management, preferably regionally.
• Strong knowledge of credit policies and management best practices.
• Ability to work in a fast-paced environment and manage multiple priorities.

Responsibilities

• Oversee and optimize credit management processes across SAPMENA.
• Develop and implement credit management strategies.
• Conduct regular credit reviews to assess customer creditworthiness.

Skills

Credit risk assessment methodologies

Analytical and problem-solving skills

Excellent communication skills

Financial analysis tools proficiency

Education

Bachelor's degree in Finance, Accounting, or related field

Tools

SAP T-codes

Job description

Position Overview:We are seeking a highly skilled and experienced Regional Credit Excellence Manager to join our team. You will be responsible for overseeing and optimizing Credit management processes across SAPMENA region. Your primary goal will be to ensure efficient customer credit operations, minimize risk, and drive excellence in management practices. This position will report to the Head of Omnichannel Customer Supply Chain of SAPMENA.

Responsibilities:

· Develop and implement credit management strategies and policies in alignment with the company's overall objectives and financial goals.

· Oversee and manage credit levels across the region, ensuring levels are maintained within budget while meeting business turnover target, preparing reports and presenting findings to senior management.

· Monitor and evaluate risk across the region, identifying potential areas of concern and implementing proactive measures to mitigate risk.

· Identify and implement transformation initiatives be it tools, processes or operating model that can enhance efficiency and improve the process, quality, or productivity of the teams.

· Collaborate with cross-functional teams, including Sales, Finance, and Operations, to align Deductions strategy & ensure effective credit management practices.

· Conduct regular credit reviews and assessments to assess the creditworthiness of customers and make informed credit decisions.

· Review Credit policies & Insurance coverage across all countries to ensure minimal risk exposure.

· Provide guidance and support to the regional credit teams, ensuring adherence to credit policies and procedures.

· Develop and deliver training programs to enhance the credit management skills of the regional credit teams.

· Ensure compliance with relevant legal and regulatory requirements related to credit management.

Qualifications:

· Bachelor's degree in Finance, Accounting, or a related field.

· Proven experience in credit management, preferably in a regional or multi-country capacity.

· Strong knowledge of credit risk assessment methodologies, credit policies, and credit management best practices.

· Excellent analytical and problem-solving skills, with the ability to make sound credit decisions based on thorough analysis.

· Excellent communication and influencing skills, with the ability to build relationships and collaborate effectively with stakeholders at all levels.

· Proficiency in financial analysis tools and credit management SAP T-codes.

· Strong understanding of legal and regulatory requirements related to credit management.

· Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.

· Professional certifications in credit management or risk management are a plus.