Job Description

Purpose of Job: Recovery of account receivable portfolio overdue and bad debt in a short time, effective collection.

Responsibilities & Tasks:

Collection:

Send balance statements to customers. Follow up on Credit Application Notes. Provide customer service (internal and external). Reconcile account statements with customers. Upload invoices to customer portals. Prepare overdue and bad debt weekly reports for managers and senior analysts. Review materials in statements of account and cross-reference. Request payment plans (negotiate and analyze payments with Senior Analyst). Keep the Senior Analyst updated on special topics and track them. Create disputes and follow up with Customer Service to resolve them. Follow up with account managers to solve issues and keep credit management informed to avoid surprises.

Credit Management:

Perform SOX controls according to Danfoss Compliance. Assist with external audits for Finance and Controlling. Manage proof of delivery for collection and for external or internal audits.

Credit:

Assist the Senior Analyst in keeping account managers and credit managers updated. Manage a portfolio of accounts, starting with lower amounts with potential increase based on performance. Prepare monthly reports as requested by the Credit Manager to support month-end reporting. Assist in tax requests.

Processes & Tools:

SAP System: Control customer flow. BI: Update Business Intelligence reports.

Required Competencies:

SAP System Account Receivable Experience Customer Service Finance Negotiation Analysis and Problem Solving Communication Risk Assessment

Required Qualifications:

Education: Student in Finance, Business, International Commerce, or Economy. Experience: 1 year or less in relevant fields.

Required Languages:

English: Advanced

Comments:

1 year of experience within Finance and Accounting functions. 6 months to 1 year of experience in credit management with progressive responsibilities. Ability to establish and maintain relationships with Sales & Marketing, Business Units, and Finance. Good presentation and facilitation skills. Danfoss – Engineering Tomorrow

At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.