In this role, you have the opportunity to
Manage the credit risk within a diversified portfolio of accounts related to sales on credit to customers
You are responsible for
Evaluating customers’ credit-worthiness, and setting policy of the decisions / judgment regarding credit offers for the customers,
Performing timely analysis of new / existing customers’ financial status to provide an accurate interpretation of the credit risk.
Utilize credit checks system on orders by reviewing contracts
Assign credit limits and risk categories to customers in cooperation with the supported business.
Support and develop accounts receivable lean process improvements, and Master data quality
Prepare and Contribute content, reports, and analysis for credit risk committee meetings
Follow up on commercial / sales operations / back office teams to provide support documents for credit limit assessment
Join commercial / sales operations meetings in order to give visibility on customer credit limits and availability for new sales
Follow up on external banks in order to get the approval on customers credit approvals, aligned with Philips Capital processes
Full interactions with external banks in order to provide invoices and other documents allowing Philips to receive the payments after issuing invoices
Update / analyze credit limit for customers
Block / unblock customers related to overdue and or credit expirations
Release orders according to current credit policy including :
To succeed in this role, you should have the following skills and experience
Bachelor degree in F&A, Economics, or Business Administration
SAP Accounting application experience preferred.
Understanding of PCI (payment card industry)
Experience in B2B Credit assessment
Knowledge of financial statement analysis, Letters of Credit and Guarantees
Experience in Financial Accounting & Reporting, Process Improvement, Negotiation and Risk Management.
Portuguese is a must
Adaptability / Flexibility (managing various businesses)
Presentation and Communication skills / Persuading - Influencing orientation
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum.
Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.