
Business Controls Specialist
2 days ago
This is a challenging and rewarding role that requires a high degree of technical expertise and business acumen. The ideal candidate will have extensive experience in credit management and business controls, as well as excellent analytical and problem-solving skills.
- Main Responsibilities:
- Overseeing the Accounts Receivable function, including reconciliation of customer accounts and resolution of discrepancies.
- Management of unapplied credit balances and handling of Income Tax Deduction Certificates and adjustments in customer accounts.
- Conduct of balance confirmation letter activity twice a year and implementation of group AR policy.
- Release of credit orders according to DOA, considering overdue status from the commercial team.
- Performance of risk screening using D&B Portal when creating or changing customer account status, updating in CDMS.
- Adjustment of Credit Limit and Payment Terms in system based on business requirements using CDMS & CCMS.
The successful candidate will be responsible for managing debtors' aging reports, forecasting collections, and coordinating with commercial teams to chase DSO and collections for the relevant period.
- Responsibilities Include:
- Managing payment schedules, expected provisions, and debtor aging reports.
- Collaborating with commercial teams to secure payments and reduce provisions.
- Reviewing open documents at month-end to identify material returned cases for follow-up.
- Managing write-off cases and liaising with legal teams in case of customer disputes.
- Blocking or unblocking inactive accounts as required.
- Incorporating credit notes following DOA.
- Providing data to internal and external auditors.
- Finalizing collection incentives for commercial teams.
- Removing freight and shade charges from the system.
- Performing YPCM and month-end controls, including running specific T-codes.
- Releasing debit notes for scrap.
- Supporting testing processes in the quality server.
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