Credit & Collections Analyst

United Kingdom, United Kingdom

Job Description


Function
Finance, Accounting, Audit

Your Responsibilities
As a Credit and Collections Analyst you will deliver services as part of an accounting team embedded in the Global Trade business in ADM Agriculture. Furthermore, you will play a key role in the management and control of the Accounts Receivable ledger, communicate key issues and the situation regarding the customer back to the business, ensuring that any outstanding issues are escalated to the relevant next level in the organisation and work closely with the Trading Team to facilitate their order release and risk activities.
The Credit and Collections Analyst will be participating in the daily credit control process, also taking care of obtaining appropriate approvals and providing all necessary information supporting the decision-making process.
50% Collection Process

  • Maintaining the Accounts Receivable (AR) ledger.
  • Raising and managing disputes, ensuring customers are contacted and all queries are resolved or actively escalated to the relevant individuals in the business.
  • Liaising with the Trade Execution team to provide relevant information relating to the order release process and ensure credit limits are not exceeded.
  • Processing of the various reports including accounts receivable aging and dispute reports.
  • Participating in regular meetings with the business and/or relevant functions to communicate and escalate account issues and to make action plans going forward.
20% Counterparty Risk Analysis
  • Limit request origination and financial analysis.
  • Responsible for initiating the approval process and following it up until completion.
  • Responsible to hold customer files and review them according to the internal procedures
  • Hold and release process - starting the daily hold and release process by gathering the necessary information from the different systems, making sure to have up-to-date information from cash collections as well as providing a status update on the limit requirement.
  • Alert process- perform the first review on received alerts (i.e. aging status, approved limit, risk profile) escalating the issues.
  • Reporting - perform the necessary reporting at month-end, including business ratios required.
  • Work closely with the Credit Risk central team.
10% Working Capital (WC) management and other related initiatives
  • WC Analysis. This position will be working closely with business and finance to identify opportunities for WC improvement.
  • Market risk exposure. This position will be involved in market risk exposure analysis
20% Fiduciary Responsibilities
  • Participate in the Month end Closure AR activities.
  • Review and set up processes and procedures in the area
  • Ensure controls are in place and followed.
  • Ensure compliance with the local rules and regulations and Company Policies.
Your Profile
  • Accounting qualifications or equivalent experience.
  • Minimum of 4 years of experience in Credit Control and Accounts Receivable.
  • Experience with ERP systems like SAP, JDE.
  • Proficiency in MS Office including Excel, Word, and Outlook.
  • Excellent verbal and written communication skills
  • Open minded. Can do attitude.
  • Ability to interact with all levels in the organisation.
  • Willingness to learn.
Your Future Perspective
  • A company culture which promotes continuous learning and diversity. To assist with this all colleagues are able to join our Women's and Multicultural Employee Resource Groups, and the ADM Pride Employee Network and the Young Professionals Network. As well as the company wide mentorship programme as mentor or mentee.
  • Excellent career opportunities in a world leading company.
  • An attractive remuneration including a variety of social benefits like subsidised health & fitness offers.
  • ADM is a company where managers and colleagues are encouraged to discuss and enable the flexibility that is needed to meet the demands of work and life.
  • Additional benefits and support for maternity and paternity leave.
Ref ID
#LI-YG1
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We're a global leader in human and animal nutrition and the world's premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
#IncludingYou
Diversity, equity, inclusion and belonging are cornerstones of ADM's efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments - environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here:

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Job Detail

  • Job Id
    JD3074653
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    United Kingdom, United Kingdom
  • Education
    Not mentioned