Our client is one of the world’s finest engineering companies. They are looking for a Derby-based, Swedish-speaking, cash collection specialist to join their Nordic team.
Responsibilities:
Credit Risk Management
Assess the 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 the sales and service team members
Instigate and follow up on 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 the Accounts Receivable subledger every month
Investigation of auxiliary and General Ledger
Reconciliation between the collections received in the bank statement and the postings in the system
Prepare, analyse and propose the controller for posting bad debt every quarter
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 ageing debtors with reference to the oldest invoices and the biggest amounts.
Communication
Inform sales of new credit account limits
Prepare credit control reports to advise of debtors
Maintain CTS related to the 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 cash collection year-end audit
DSO Hitlist preparation and distribution
Escalation of credit control issues to the controller and managers as appropriate
Source: Cham-i. Swedish language jobs in Derby