Position: Credit Analyst

Job Summary:

The Credit Analyst is responsible for providing financial support to the Credit Management team to ensure that each significant credit decision is given proper financial consideration.

Job Location:

Navi Mumbai

Key Responsibilities

• Perform Customer Credit Check.
• Respond to credit applications by gathering customer financial and credit information and various agency data for credit risk review in Credit assessment system, obtaining approval from credit manager for proposed credit limits and updating the customer credit record.
• Verify bank and trade references.
• Update customer financial information in credit assessment system as it becomes available.
• Analyze weekly analysts' reports for low bonds and escalate concerning accounts to Credit Manager as applicable.
• Review accounts receivable (AR) portfolio for potential problem accounts and determine, if Credit Manager intervention is required.
• Gather account statements and invoice copies for delinquent accounts and escalate to the Legal Department.
• Monitor recent bankruptcy filings to determine exposure.
• Create credit limit change requests.
• Review and synchronize credit limits between ERPs as applicable.
• Complete request and forms related to quarterly bad debt review process.
• Prepare balance sheet reconciliations and certify as evidence of completeness for relevant AR accounts.

Experience & Exposures:

• Qualification - Preferably MBA Finance from reputed university
• Minimum 3 years post-qualification experience in similar positions or relevant role.

Experience & Exposures:

• Qualification - Preferably MBA Finance from reputed university
• Minimum 3 years post-qualification experience in similar positions or relevant role.