Our client is one of the Worlds finest engineering companies.
They are looking for a Danish speaking cash collection specialist to join their Nordic team as soon as possible.
Responsibilities:
Credit Risk management;
Assess credit risk of potential and existing customers and make recommendations of credit limits (new and ongoing)
Collection
Manage the collection procedure through use of all systems in order to reduce delays of customer payments.
Assist sales and service team members
Instigate and follow up legal procedure
Prepare invoices and control / reconcile the recharge suspense account
Chase recharge accounts for payment
Dunning letters (reminders/demands)
Accounting
Maintenance and reconciliation of Accounts Receivables subledger on a monthly basis
Investigation of auxiliary and General Ledger
Reconciliation between collections received in the bank statement and postings in the system
Prepare, analyse and propose the controller for posting bad debt on a quarterly basis
Post all cash receipts clearing invoices and credit notes with collections received
Monthly investigation of all collections not identified
Analyse old debt and propose write offs when no expectation of collection exists
Monthly analysis of aging debtors with reference to oldest invoices and biggest amounts.
Communication
Inform sales of new credit account limits
Prepare credit control reports to advise of debtors
Maintain CTS related with credit area
Keep Customer Care updated with reports and operations matters
Process Improvements
Review policies and procedures
Reporting
Cash flow receipt figures and analysis
Suspense debtors schedule
Sales ledger and year end audit
DSO Hitlist preparation and distribution
Escalation of credit control issues to controller and mangers as appropriate
Source: Cham-i
