Offers “L’Oréal”

Expires soon L’Oréal

credit control expert

  • Mumbai, India
  • Sales

Job description



The world leader in cosmetics, L’Oréal is present in 150 countries on five continents. Our 34 international brands have allowed us to devote ourselves solely to one business: beauty, with a mission to provide the best in cosmetics innovation to all women and men globally. Our ambition by 2020 is to win over another one billion consumers around the world by inventing the cosmetic products that meet the infinite diversity of their needs and desires through continued digital innovation. L’Oréal supports diversity and sustainable, ethical sourcing for all our products and we have reduced our emissions by approx. 50% since 2005.

The DNA of L’Oréal is Innovation and we are driven by a real passion for the future. Our Research and Innovation Centres in India are the sixth innovation hub for L’Oréal worldwide to fuel local market innovations. In our quest to win the next billion consumers, we are looking for talented individuals who can lead us on this mission.

Would you like to be a part of the adventure?

We have a suitable opportunity in the Corporate Division for the position of  Assistant Manager - Credit Control . In this individual contributor role, you will be responsible for Collection management of all Direct Clients (Modern Trade, E Commerce, Institutional etc.), Follow up on dues/overdues/deductions with internal & external stakeholders, Monthly MIS reports of department. You should have 2-4 years of professional experience in Reporting/MIS/Controlling within the FMCG Industry. The location of the job will be in Mumbai.

Key Responsibilities

·         Credit Receivable Management (including deduction management)

·         Preparing MIS report as per the Manager (receivables) Requirement

·         Reconciliation of the Client accounts on Quarterly basis (NDC’s)

·         New Customer Creations  & maintenance of Customer Master Data

·         Defining of Customer Risk Categories & Customer Credit Limit

·         Follow dunning process as per Corporate guidelines

·         Managing Customer Credit Insurance

·         Yearly review of standard delivery lead time in collaboration with Supply Chain team

·         Ensuring adherence to the Credit Policy/relevant procedures

·         Facing and Handling Internal and External Audits

Key Deliverables:

·  Timely Sending of Dunning of dues & Overdues to all the relevant stakeholders
·  Develop  sovereign and macro risk views as need to support decision making
·  Timely revert on all queries relating to New Customer Creations
·  Review and recommend credit risk-related transactions for approval

Key Competencies:

·         Good Knowledge of SAP

·         Good Knowledge of MS Excel and PowerPoint

·         Strong Analytical & Presentation Skills

Key Relationships:

·   Business Commercial team handling direct & E commerce Clients (KAM, Controllers), Regional Control Team, Field Sales team & Corporate Treasury team                 

Physical Demands (e.g. % travel):

·  Low Travel (To meet top clients for reconciliation)

Education:

·  Qualified Chartered Accountant with 2-4 Years of Experience Post Qualification.

 

L’Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L’Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual’s race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.

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· 
· 
· 
· 
· 
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·  Timely Sending of Dunning of dues & Overdues to all the relevant stakeholders
·  Develop  sovereign and macro risk views as need to support decision making
·  Timely revert on all queries relating to New Customer Creations
·  Review and recommend credit risk-related transactions for approval

Key Competencies:

·         Good Knowledge of SAP

·         Good Knowledge of MS Excel and PowerPoint

·         Strong Analytical & Presentation Skills

Key Relationships:

·   Business Commercial team handling direct & E commerce Clients (KAM, Controllers), Regional Control Team, Field Sales team & Corporate Treasury team                 

Physical Demands (e.g. % travel):

·  Low Travel (To meet top clients for reconciliation)

Education:

·  Qualified Chartered Accountant with 2-4 Years of Experience Post Qualification.

 

L’Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L’Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual’s race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.

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You should have 2-4 years of professional experience in Reporting/MIS/Controlling within the FMCG Industry. 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","jobVisibility":["external"],"applyUrl":"//career.loreal.com/careers/login?jobId=73248","ml_filtered_Skills":null,"location":"Mumbai","cityCountry":"India","category":"Finance","mapQueryLocation":"Mumbai","ml_Description":"The world leader in cosmetics, L’Oréal is present in 150 countries on five continents. Our 34 international brands have allowed us to devote ourselves solely to one business . beauty, with a mission to provide the best in cosmetics innovation to all women and men globally. Our ambition by 2020 is to win over another one billion consumers around the world by inventing the cosmetic products that meet the infinite diversity of their needs and desires through continued digital innovation. L’Oréal supports diversity and sustainable, ethical sourcing for all our products and we have reduced our emissions by approx. 50 since 2005 . The DNA of L’Oréal is Innovation and we are driven by a real passion for the future. Our Research and Innovation Centres in India are the sixth innovation hub for L’Oréal worldwide to fuel local market innovations. In our quest to win the next billion consumers, we are looking for talented individuals who can lead us on this mission . Would you like to be a part of the adventure . We have a suitable opportunity in the Corporate Division for the position of Assistant Manager - Credit Control. In this individual contributor role, you will be responsible for Collection management of all Direct Clients Modern Trade, E Commerce, Institutional etc , Follow up on dues/overdues/deductions with internal & external stakeholders, Monthly MIS reports of department. You should have 2-4 years of professional experience in Reporting/MIS/Controlling within the FMCG Industry. The location of the job will be in Mumbai . Key Responsibilities. Credit Receivable Management including deduction management . Preparing MIS report as per the Manager receivables Requirement. Reconciliation of the Client accounts on Quarterly basis NDC’s . New Customer Creations & maintenance of Customer Master Data. Defining of Customer Risk Categories & Customer Credit Limit. Follow dunning process as per Corporate guidelines. Managing Customer Credit Insurance. Yearly review of standard delivery lead time in collaboration with Supply Chain team. Ensuring adherence to the Credit Policy/relevant procedures. Facing and Handling Internal and External Audits . Key Deliverables . Timely Sending of Dunning of dues & Overdues to all the relevant stakeholders . Develop sovereign and macro risk views as need to support decision making . Timely revert on all queries relating to New Customer Creations . Review and recommend credit risk-related transactions for approval . Key Competencies . Good Knowledge of SAP. Good Knowledge of MS Excel and PowerPoint. Strong Analytical & Presentation Skills . Key Relationships . Business Commercial team handling direct & E commerce Clients KAM, Controllers , Regional Control Team, Field Sales team & Corporate Treasury team . Physical Demands e.g. travel . Low Travel To meet top clients for reconciliation . Education . Qualified Chartered Accountant with 2-4 Years of Experience Post Qualification . L’Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L’Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual’s race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law .

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