Description

Coordinator Credit Control (6 MONTHS TEMP)

Purpose & Overall Relevance for the Organization:

The Coordiantor Credit Control is responsible:

To ensure timely collection of receivables and make sure processes are in line with global / local policy requirements.

For implementation of the internal controls and safeguarding the business process in a risk-free environment in terms of receivables management, cash collection and trade investment.

To abide by company policies and drive continuous improvement of all credit management related processes in cooperation with all involved parties to increase efficiency.

Key Responsibilities:

To update customer accounts with payment transfers from customers on a daily basis.

Handle and monitor bank transactions related to Accounts Receivables especially the timely deposits of PDC, L/C & B/G.

Update customer related logs to maintain high level of control.

Following up on L/C discrepancies and communicating the same to the relevant teams.

Share monthly statement of accounts with customers and follow up on collection process.

Monitor and control the release of shipments for all customers to ensure minimum risk for the company.

Maintain harmonized customer master and keep proper documentation for each and every account creation, including signed commercial contract by both parties.

Assist with monthly / yearly closing of receivables books and support reporting.

Ensure the credit notes are appropriately approved before issuance.

Prepare reports such as Aging, Collection Report, Credit Note Analysis and support line manager by sharing relevant information on a timely manner.

Customer account reconciliations to be carried out on a regular basis.

Answer all ad hoc requests related to Credit Management on a timely basis with an excellent service mentality to all internal stakeholders.

Have a mindset for continuous improvement by looking into areas for potential efficiency.

Support Accounting Team with receivables related bookings.

Give full support to the external auditors for all AR related questions.

KPI\'s:

Overdue %: Efficiency in collection of receivables.
20% target per global guidelines.

Target adjusted for local market is decided on yearly basis based on previous year\'s results and should be challenging.

Key Relationships:

Global: Ad hoc dealing with Group Accounting and adidas subsidiaries.

Regional: Communication with Emerging Markets adidas subsidiaries on customer and process related topics.

Internal:

Sales & Customer Service Teams

Operations & Order Book Fulfillment Teams

Marketing Team

Internal Control Team

External: Customers, Banks, KPMG

Knowledge, Skills and Abilities:

SAP AR Module knowledge.

Expert skills in Microsoft Outlook, Word and Excel.

Advanced skills in PowerPoint a plus.

Excellent written and verbal communication skills.

Accounting knowledge of IFRS and local GAAP

Requisite Education and Experience / Minimum Qualifications:

Minimum of a Bachelor\'s degree in Business Administration - Accounting & Finance.

Functional: 1-2 years in credit control or accounting

Industry: ideally apparel/fashion/shoes or FMCG

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