Credit Risk Specialist

2 weeks ago


Suzhou, Jiangsu, China International Flavors & Fragrances Full time

Job Title: Credit Analyst

Job Summary:

We are seeking a skilled Credit Analyst to support the growth of our business in China and APAC. As a key member of our Credit and Collection team, you will be responsible for performing and coordinating all collections activities, including correspondence with customers and execution of effective collection procedures to improve cash flow and reduce past due accounts.

Key Responsibilities:

  • Perform and coordinate all collections activities, including correspondence with customers and execution of effective collection procedures to improve cash flow and reduce past due accounts.
  • Be proactive in resolving credit problems and conducting collection of past due accounts to achieve assigned collection target.
  • Monitor credit exposure and AR performance in order to facilitate proactive management of risks and negotiate credit terms when customers are unable to meet established guidelines.
  • Serve as a key member of Credit and Collection team and provide start-to-finish credit solutions to internal and external clients.
  • Review and manage order hold on a daily basis and communicate effectively to keep appropriate organizations up to date of customer issues and situations affecting the continued release of orders.
  • Ensure the compliance of credit process with applicable policies and procedures.
  • Liaise with SBUs to ascertain customer credit requirements to contribute to top-line growth.
  • Trade bills coordination.
  • Order control for Pharma entities in China and Asia Pacific.
  • Develop sustainable process improvement for working capital improvement such as past-due management.
  • Take initiative to improve the current operational process to improve productivity.

Requirements:

  • Bachelor's or master's degree in accounting/finance or accounting professional equivalent.
  • Minimum 2 to 3 years' experience in Credit and Accounts Receivable area.
  • Advance knowledge of Microsoft Excel, PowerPoint, and email programs.
  • Excellent written and verbal communication skills in English is a plus.
  • Good command of the local language (Mandarin/Korean/Japanese) is considered a plus.

About IFF:

We believe that your uniqueness unleashes our potential. We value the diverse mosaic of ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.


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