Purpose & Overall Relevance For The Organization
Credit Control is a key role in the organization, he ensures the Implementation of the internal controls and safeguarding the business process in a risk-free environment in terms of receivables management, cash collection and trade investment.
Key Responsibilities
Credit block and release on SAP
Credit limit implementation and monitoring as per the authorization matrix and global credit policy
Customer validation as per the global policy and creation on SAP
Review and posting of the financial Credit Notes
Review and follow of the credit terms/credit facilities
Clearing of the posted payments with the invoices on SAP
Align with the sales team on the disputed payments
Reconciliation of the AR balances with the customers
Management of the customer master data in SAP
Support the sales team in their negotiation with the customers in the finance related topics by sending relevant recommendation in adherence with the Adidas global policies
Tight follow up with the customers on the due dates
Send recurrent reminders to delinquent customers
Align with the legal department for the bad debt legal cases
Trade terms uploads and follow up
Tight interaction with the customer service to enable business continuity
Follow up with the customer service on the export documentation
Review accounts receivables allowances on monthly basis and ensure that we are in compliance with GFM policy.
Preparation of the bad debt provision on a monthly basis
Preparation of the statement of account for the customers
Preparation of the end of season return provision
Follow up with sales on contracts and Trade term signature.
Answer ad-hoc customer requirements
Adheres to internal and external deadlines.
Support both internal and external auditors during financial and operational audits.
Any other punctual task AR & Credit control related
Personnel:
To be organized and identify priorities.
Analytical & Forecasting skill.
Goal achiever
Solution oriented
Respect deadline.
Controlling:
Reporting Accuracy and meeting deadlines.
Compliance with the global policies in term of AR, Credit management and Trade terms granted to the customers.
Key Relationships
Customers, Finance, Sales, Customer service, Banks & auditors.
KPIs:
DSO and overdue
Aging balance
Timely and accurate AR accounting & reporting
Ensuring the security of the receivables
Trade term compliance
Requisite Education and Experience / Minimum Qualifications:
University degree in business with corporate finance, Audit or accounting focus.
Functional: > 3 - 4 years’ experience.
Industry: ideally apparel/fashion/shoes or FMCG. IT Skills:
Outlook: Good
Word: Good
Excel: Advanced
PowerPoint: Good
SAP: Advanced
Language Skills:
English: Good writing and speaking skill
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