cred it Specialist (americas)Lexmark

Responsibilities :
JOB/BUSINESS TITLE:
CREDIT SPECIALIST
Business Area:
Order to Cash
Category:
Invoice to Cash
Sub-Category:
Credit Management
Job Role:
Range of Level:
Reports To:
Direct Reports, If Any:
Indirect Reports, If Any:
Annual Budget:
Location:
Credit Specialist
B2 to B3
Cash Application Manager
n/a
n/a
PhP0.0
Cebu Center of Competence
JOB PURPOSE/MISSION/SUMMARY:
A Credit Specialist is responsible for the credit reviews of Lexmark's active customers and potential customers by determining the credit limit and payment terms to be granted based on the customer's financial and non-financial status like earnings, sales, payment history/habits and purchasing activities.
Works closely with the Corporate Credit Manager and Regional Credit Managers in the entire credit granting process, including the consistent application of credit policy and periodic reviews of existing customers to maintain the company's credit exposure within the set risk bearing limits.
Involve in recruitment; give training and motivations to the team in charge of customer accounts; supply leadership and coaching for assistance in achieving organizational goals and objectives.
KEY ROLES & RESPONSIBILITIES / KEY JOB FUNCTIONS:
CREDIT REVIEW PROCESSING
CREDIT LIMIT AND PAYMENT TERMS APPROVAL
SYSTEMS / PROJECTS / PROCESS DESIGN
MANAGEMENT REPORTING
KEY ROLES & RESPONSIBILITIES / KEY JOB FUNCTIONS:
CREDIT REVIEW PROCESSING
Conducts annual credit reviews on existing customer and re-review as requested by Regional Credit Manager.
Confers with credit reporting agencies and other business representatives to exchange credit information needed in assessing the credit worthiness and viability of the customer
Analyzes credit and financial statements of the customers to determine the degree of risk involved in extending credit.
Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and others.
CREDIT LIMIT/PAYMENT TERMS RECOMMENDATION
Evaluates the customer's records and recommends the credit limit and payment terms to be granted based on the company's financial and non-financial status like earnings, sales, payment history/habits and purchasing activities.
Determine if credit insurance is needed specifically for high risk countries.
On-time and accurate updating of approved credit limit amount and payment terms in SAP.
SYSTEMS / PROJECTS / PROCESS DESIGN
Engage actively in the new projects and support the establishing and implementing process optimization actions for the respective area. Identify inefficiencies to establish consistent process models for the legal entities in scope, while ensuring compliance with internal and external laws, rules and regulations.
MANAGEMENT REPORTING
Assists in providing schedules for Statutory and audit requirements.
Prepares Credit team monthly reports.
Prepares and presents measurements result to stakeholders through monthly update of Credit Team KPI.
Suggest and develop management reporting.
COMPETENCIES, SKILLS, KNOWLEDGE & ABILITIES:
KNOWLEDGE BASE FOR ACCURACY AND EFFECTIVENESS
Able to interpret financial reports of the company
Knowledge of accounting principles
Knowledge of customer's economic and industry conditions
Knowledge of customer's finances
Knowledge of customer's contracts and agreements
FINANCIAL AND OPERATIONAL COMPETENCE
Intermediate accounting
International Accounting Standards
ERP functionalities, working knowledge of SAP financial module a plus
Intermediate knowledge of Microsoft Office applications
PERSONAL CREDIBILITY
Oral (Conversational & Public Presentation) & Written Communication
Interpersonal Relationship
Handling Confidential & Sensitive Data & Information
Good Analytical Skills
Critical Thinking
Sense of priorities
Professional Judgment and Decision Making Skills
Detail-Oriented
Resourcefulness
Can drive continuous improvement and behavioral change
EDUCATION, EXPERIENCE & CERTIFICATIONS BASIC REQUIREMENTS:
College Degree in BS Accountancy (or Management Accounting), CPA is an advantage.
4 years related or Accounting experience
Knowledge on billings, and credit and collections
Excellent oral and written English communication skills
Strong people and interpersonal skills
ORGANIZATIONAL CHART:
Order to Cash Manager
Invoice to Cash Manager
Operations Manager
Regional Credit Manager
Credit Specialist
AUTHORITY & DECISION RIGHTS:
Has overall responsibility and accountability on all assigned Ledgers and functions, except when there are special cases where consultation, interpretation and even decision, escalation is required with higher management.
INTERFACES:
Daily, mostly with Collection team, Order Management & MDM Team. Occasionally with other teams from Country Controllers, Corporate Treasury, Internal Auditors and Stakeholders.
CAREER PROGRESSION:
Good performer can be moved to cross functional departments, process analyst or can be promoted to Managerial positions.
WORKING CONDITIONS:
Depends on Geography supported as follows:
AP and NA: normal hours
EMEA and LA: 2nd shift (12noon to 9:00pm)
Trainings will depend on business needs.
OTHERS:
Other duties related to the job maybe assigned from time to time.
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Lexmark

Cebu
Permanent
Full-time