Philips DA - Credit Analyst in Lodz, Poland
In this role, you have the opportunity to
drive credit risk evaluation and monitoring compliances for the Legal entities in your scope and ensure the credit control activities are executed in line with the local and global credit policy.
You are responsible for:
Set-up credit risk framework - set credit limits, monitor compliance.
Manage delinquency controls.
Ensure timely communication, escalation and resolution of credit risks and customer disputes.
Bridgehead for interaction with customers in certain geographies where collection activities have been outsourced.
Prepare documentation for filing of instruments used in securing credit decisions, including but not limited to credit insurance, letters of credit, UCCs (maintain local relationship, maximise limit coverage and manage claims) and maintaining guarantees to mitigate credit risk and support sales.
Facilitate release of blocked sales orders based on defined approval matrix with each business.
Create and / or review credit reports.
Responsible for compliance of ICS checks.
Support and develop accounts receivable process improvements and Master data quality.
Prepare and contribute content for credit risk committee meetings.
Leverage credit risk mitigation tools to keep the customer level, region level and market level risk exposure within limit.
Process credit limit modification requests.
You are a part of
the new Domestic Appliances team. This team will be responsible for developing, implementing and driving continuous improvements of the standardized business capabilities within the transformation and innovating in the market for business Domestic Appliances. As we value diversity, we have a multi-functional and diverse team, with different points of view, different ways of thinking, new capabilities to strengthen and improve the digital strategy for our customers.
To succeed in this role, you should have the following skills and experience:
University degree in Finance or equivalent.
At least 6 years of progressive work experience in area of Credit and Collection with focus on credit analyst.
Ability to work with Cross functional teams and influence colleagues outside own process domain.
SAP & FSCM knowledge is preferred.
Effective listening and communication skills, highly developed interpersonal skills.
Proactive and hands on attitude, goal oriented and perseverant.
Team oriented and process driven.
Fluent communication skills in English (both oral and written) is required (Local language skills may be required depending on country of hiring).
In return, we offer you
The unique combination of a critical and challenging role and a creative and empowering office environment. You will be actively encouraged to make improvements, establish best in class service and have a direct impact on the success of Philips on a daily basis.
Annual bonus based on performance achieved
Private medical care with option to extend it to family members
Benefit System cards
Discount for Philips’ products
Relocation package applicable for people moving in from outside of Łódź region
Possible remote work
Promotion of healthy lifestyle in the office (fruits twice / week in the office, gym, massage chairs, various events)
Why should you join Domestic Appliances?
Philips’ Domestic Appliances business is a global leader with EUR 2.3 billion in sales in 2019 in kitchen appliances, coffee, garment care and home care appliances, with successful products such as the Airfryer, Perfect Care Steam Generators, Automatic Coffee Machines with LatteGo and SpeedPro Max Aqua vacuum cleaner, and many more that are used by millions of people every day across the world.
In January 2020, Philips announced that it would be considering new ownership options for Domestic Appliances, as it is not a strategic fit for the company’s future as a health technology leader, and committed to finding the right home for the business to ensure that it is set up for continued success serving customers, leveraging the Philips brand and driving growth across the markets that it serves.
In its 128-year history as a leading innovator, Philips has had to reinvent itself a number of times to remain competitive. This has involved several high-profile divestments, resulting in the company’s successful track record in managing complex change of this scale. Such transformations offer unique opportunities for employees to ‘make their mark’ and gain expertise in a specific and dynamic environment - those who can deliver results while navigating and contributing to changes will gain unique skills and perspective that will prove valuable for the rest of their careers.