Treasury and Credit Analyst
4 weeks ago
Job Responsibilities
Credit Risk Assessment
1. Evaluate Customer Credit Risk Profile on potential clients before entering the contracts. Review of both Financial and non-financial factors.
2. Assess the creditworthiness of customers and make recommendations for credit approvals or denials in accordance with the policy's guidelines.
Credit Review and Monitoring
3. Set and monitor credit limits for customers, ensuring that they are in line with the policy's parameters and the customer's creditworthiness.
4. Establish and communicate credit terms and conditions to customers, including payment due dates and any special arrangements, ensuring adherence to the policy.
5. Identify high-risk accounts and collaborate with other departments or teams to implement risk mitigation strategies, such as requiring collateral or adjusting credit terms.
6. Regularly review customer accounts to track adherence to credit terms and identify early signs of delinquency or non-compliance.
7. Monitor credit amounts for compliance with established terms and conditions.
8. Conduct an Annual and Regular Credit Customer Review.
Dispute Resolution and Debt Recovery
9. Gather documentation for Credit insurance claims processing and ensure claim settlement.
10. Develop collections strategies for late payments and delinquent accounts.
11. Collaborate with Finance Shared Services debt Collectors and manage customer disputes by maintaining a good customer relationship.
12. Collaborate with legal counsel to initiate legal actions against chronically delinquent customers, including filing liens or pursuing litigation.
13. Adhere to ethical standards and guidelines outlined in the policy, promoting integrity and professionalism in credit management and control practices.
Compliance and Reporting
14. Conduct Monthly Credit Review Meeting with HOCs and key personnel involved to discuss about customers debt outstanding, performance, payment risk and dispute resolution.
15. Maintain accurate and up-to-date records of all credit-related activities, including credit applications, approvals, customer communications, and collections efforts.
16.Report delinquent accounts to credit bureaus as specified in the policy and applicable laws and regulations.
17.Ensure compliance with IFRS 9 related to ECL and propose Bad debts provision as needed every month
18.Ensure that all credit-related activities and decisions are in compliance with the Credit Management and Control Policy as well as relevant laws and regulations.
Treasury Function
19.Handle bank facilities related requests from all SG subsidiaries
20.Handle treasury as bank related (BG, opening of bank account)
21.Handle adhoc treasury tasks and projects as assigned.
Continuous lmprovement
22.Work along with Group Finance Manager on some AR related process automation
23.ldentify areas for improvement in credit management processes and recommend updates or revisions to the Credit Control Policy as needed.
24.Escalate significant credit issues or deviations from the policy to Group Management, if applicable.
25.Any adhoc duties as assigned
Education Required:
• Minimum Diploma or above in accounting or equivalent
Experience Required:
• Minimum 3 years' experience in accounting roie specifically related to Credit and Treasury
• The ability to identify and address credit-related issues and provide soiutions.
• Familiar with Sage Accpac and SQL is an advantage
• Experience in Construction / Built lndustry is an advantage
Skills Required:
• Analytical Thinking
• Excellent communication
• Attention to detail.
• Adaptability and teamwork
• Client Relationship Management
IFRS
Treasury
Process Automation
Risk Assessment
Litigation
Relationship Management
Credit Management
Adaptability
Accounting
Dispute Resolution
Compliance
Accpac
Credit Risk
Credit Analysis
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