• Credit Control Expert Jobs in Mumbai,India

  • L Oreal India Pvt Ltd
  • Save Job
  • 2 - 4 Years
  • Posted : above 1 month

Job Description:

The world leader in cosmetics, LOral 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 LOral supports diversity and sustainable, ethical sourcing for all our products and we have reduced our emissions by approx 50 PERCENT since 2005

The DNA of LOral 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 LOral 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 (NDCs)

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 (eg PERCENT travel)

Low Travel (To meet top clients for reconciliation)


Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Consumer Durables/FMCG, Manufacturing/Industrial
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 24th Feb 2020

Key Skills:

Company Profile:

L Oreal India Pvt Ltdarfix

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