Trade Finance Credit Manager - (Business Partner)
Syngenta Egypt
مجموع سنوات الخبرة :28 years, 8 أشهر
• Provides a full credit management function to the company management team and individual businesses participating in the legal entity.
• Ensure compliance with all global and regional credit management policies as well as related local policies.
• Provide the business with full information on the risk and receivables status of individual customers as well as on the overall quality of its customer base in the country.
• Propose changes to channel policy, if required to manage risk better.
• Hold and manage regular country credit committee as the chairman, facilitator, and escalator.
• Mastering budget processes, implementation, building and submission.
Accountabilities:
• Contribute to the development and implementation of a country credit risk strategies to meet agreed targets.
• Play a key role in the evaluation of customers, proposing credit limits to the business, and then implement those agreed.
• Behaves as an effective leader of the credit management function, balancing the business and credit risk views in an effective way to support sustainable business growth.
• Ensure full compliance with all legal and fiscal requirements assuring the license to operate of Syngenta.
• Review sales contracts and propose proper conditions to be included to provide optimum security of the company against credit risk.
• Develop credit management staff locally to ensure they can meet their full potential within Syngenta and that robust succession plans are in place to avoid any business disruption.
• As a budget process master, controlling function cost, top - bottom lines maintenance including GP / pricing deviation analysis to budget.
• Building product / customer segmentation to enhance commercial terms / rebate schemes setting criteria.
Achievements:
• Build up a strong country credit policy that support business improvement, facilitate way of working, and keep credit management well controlled.
• Mange to reduce and control overall risk related to working capital by control DSO inflation and reduces it to the minimum in Agro business sector, manage bad debts, and over dues, and maintain remarkable collection ratio (best in Agro business).
• Create a reputation to credit management as a function, maintain and improving cross function relationship.
• Play a master role in: country risk management and credit committee, pricing committee, and contingency team.
• Achieve product / channel segmentation that improves commercial policy capabilities to support business positioning and portfolio better allocations.
Accountable for the entire credit granting process, including the consistent application of a credit policy and periodic credit reviews of existing customers, with the goal of optimizing the mix of company sales and bad debt losses, Maintain the corporate credit policy.
Lead and inspire team of credit dept. to get measurable results in a professional environment. Managing and sustaining client relationships. Responsible for all aspects of credit and accounts receivable including:
Credit analysis, reports, monitoring, Leadership, & establishing credit lines.
Manage customer credit files.
Monitor the credit granting and updating process.
Monitor periodic credit reviews.
Manage the corporate financing program. Measure department performance.
Provide &Guide ongoing educate, training, of credit team.
Skillful communication with sales & customers support team.
Enforces credit policy and assure adherence to accepted standards.
Deduction tracking & reconciliation.
Clear report to top managers on a timely manner.
Accomplishments in strong negotiation skills with detailed reconciliation result.
Logistic Internal Procedures & Reports (Stock Level, and availability, Product Expire Date)
Supervising all collection activities
Assisting by a weekly visit for special cases, problems related to collection activities.
Weekly receivables position
Receivables debts ratio, customers Categorization (Sales, payments, Debt ratio)
Discussing the necessary provision, to cover any expectation of bad debts.
prepare a Monthly general Cash Flow Plane,
Periodical Credit Reports.
Participating in Preparing Financial Statements.
monthly cost estimation & SOA concerning our agents
Bank in account, Payroll, Petty cash.
Fixed assets account and maintaining Depreciation System.
Auditing the allocation of Operation expenses and freights
Journalizing transactions, Posting to general and sub. Ledgers.
Monthly bank reconciliation.
Petty cash Establishing and Replenishing.
Opening, Adjusting, and Closing entries.
Controlling warehouses and inventory system.
Flowing up Customers & Vendors Position.