Job Title
Credit and Collections SpecialistJob Description
As a Credit and Collections Specialist you will lead the management and optimization of credit and collections processes to ensure financial stability and client satisfaction.
Your role involves strategic oversight, process improvements, and effective risk management to achieve optimal financial performance and customer satisfaction.
Your Role:
Credit Analysis and Recommendation: Conduct detailed evaluations of credit applications to guide decision-making with precise financial insights.
Leadership and Compliance: Direct and support team members in executing tasks according to established procedures, ensuring high standards and adherence to compliance.
Account Portfolio Oversight: Manage an extensive and varied account portfolio, delivering customized solutions and fostering strong customer relationships.
Collections Strategy: Engage with clients to resolve outstanding balances, maintain follow-up on commitments, and coordinate with third-party collectors when necessary.
Efficient Process Enhancement: Spearhead improvements in accounts receivable processes to enhance efficiency and guarantee high-quality master data.
Risk Assessment and Management: Evaluate customer creditworthiness and administer credit policies, employing risk mitigation strategies and ensuring effective resolution of blocked sales orders and disputes.
You're the Right Fit If You:
Hold a Bachelor’s Degree/ Vocational Education in Finance, Accounting, Business Administration, Economics, Data Analysis or equivalent.
Has 3-5 years of experience in Credit Risk Management, Financial Analysis, Accounts Receivable Management, Contract Management, Collections or equivalent.
Excel in continuous improvement, data analysis and interpretation, financial acumen, and regulatory compliance.
Demonstrate a keen eye for detail, a proactive approach to managing financial tasks, and the ability to adapt strategies for improving processes and optimizing outcomes.
You're fluent in both English and local language (Swedish and/or Danish)
How we work together
We believe that we are better together than apart.
For our office-based teams, this means working in-person at least 3 days per week.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.
If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.
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