Credit Management Associate

8 hours ago


Taguig City, Philippines Addforce Human Resource Solution Inc Full time
Job Title: Credit Management Associate
Schedule: Mid Shift
Work Set up: Hybrid ( 3 days onsite & 2 days WFH )
Location: Taguig City

Salary Package:
Credit Management Associate II
41,383.00
34,000 Basic Pay
7,383 Allowance

Credit Management Associate II
51,383.00
44,000 Basic Pay
7,383 Allowance

KINDLY INCLUDE YOUR JOB DESCRIPTION, DUTIES & RESPONSIBILITIES, TOOL, CERTIFICATION AND TRAINING IN YOUR CV FOR PAPER SCREENING

Duties & Responsibilities:

Financial Analysis
- Conduct a thorough analysis of the financial statements of companies to evaluate their financial health which includes examining income statements, balance sheets, cash flow statements, and other relevant financial data.
- Recognize potential problematic situations and escalate them to the Team Lead

Credit Risk Management
- Collect relevant information about customers, business climate, sector development from public and other sources.
- Perform manual credit assessments or review & revise the system-generated credit proposals, if needed
- Collect requests coming from the business and evaluate the need to modify the credit limits previously assigned.
- Create credit limit applications, take credit decisions, and approve credit limits in the system.
- Proposal for write-off / bad debts provision

Preparation of payment term applications
- Support business during negotiation on specific payment terms requests from customers and check financial clauses / invoicing requirements.
- Shipment release/monitoring in the ERP against credit limit block

Periodic Review and Monitoring
- Evaluate and analyze changing market conditions that may impact the creditworthiness of specific customers or industries.
- Foresee potential changes of or impact on credit limits due to economic fluctuations within a country and propose suitable strategies to mitigate risks for the company.
- Consider other changing conditions that may influence credit risk.
- KPI reporting and monitoring.

Compliance and Regulatory Adherence
- Ensuring compliance with regulatory requirements and internal control procedures.

Job Requirements:
- More than 2-3 years of working experience in a Credit Management function, preferably in an international environment
- Bachelor’s degree in finance, Business Administration, Accounting or similar
- Excellent English skills in spoken and written form
- Knowledge of Dun & Bradstreet (D&B) methodology and SAP FSCM is beneficial.
- Strong capability to analyze financial data and interpret financial statements, knowledge of credit risk, balance sheet analysis, financial exposure, credit research systems and procedures, credit scoring systems, and Microsoft Office Suite.
- Proven analytical skills and solution-oriented approach.
- Effective verbal and written communication skills to present evidence from credit analysis and interact with relevant stakeholders.

Perks & Benefits
- Quarterly Performance Bonus
- 15 days vacation leave – upon regularization
- 15 days sick leave – upon regularization (10 unused leaves are convertible to cash)
- HMO with 2 free dependents (PhilCare)
- Etc

Recruitment Process: Virtual / Online
- Phone Screening Interview
- Initial Interview
- Assessment
- Final Interview
- Job Offer

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