Responsible for the risk assessment of customers and the establishment of credit limits the analysis of the overall credit exposure the recommendation of terms of credit and the negotiation and management of security necessary to support higher risk exposures Approval of credit limits within delegated authority and obtaining the necessary MOA approval for exposures exceeding authority approval of risk categories and release of blocked orders Actively support the sales account holders in credit issues Provide support to the Credit Assessment Supervisor Manager Country Credit Manager as required Manage Credit RiskResponsible for the risk assessment of customers negotiating and managing security arrangements establishment of appropriate credit limits with necessary MOA and the analysis of the overall credit exposure Responsible for the re-assessment of credit-worthiness of customers based on re-evaluation triggers and timelines Provide authorized approval for the release of blocked orders in respect of credit Perform detailed financial analysis of customer financial statements for development of a risk profile of each customer using analytical results to establish credit limits within designated authority level and prepare analysis write-up to obtain necessary MOA for decisions exceeding designated authority level Ensure compliance with Global Downstream Credit policy OCM standards and SOX controls Meet communicate with customer and rsquo s senior financial and business leaders to establish understanding of customer and rsquo s financial condition and business model as needed to complete credit analysis and to negotiate security when financial condition does not support credit exposure Manage security arrangements to ensure timely actions taken to renew or replace expiring security instruments Manage Accounts ReceivableResponsible for ensuring that both and lsquo Proactive and rsquo and and lsquo Reactive and rsquo credit control takes place and ensuring that customers and rsquo debt are collected in line with contracted payment terms The authority and rsquo s decision would also need to be executed and documented by this role Recognize financial risk situations on Trade Receivable Accounts Exercise manual blocking of orders on high financial risk and seriously delinquent accounts Recommend A R provisions for bad debt RequirementsDegree in Accounting or any related Finance Business qualification or equivalent experienceGood knowledge of financial statementsCredit or OTC knowledge is an added advantage
Type : Company job
Role : Junior Executive
Industry : Oil/Gas/Petroleum
Salary : Not Disclosed
Shell Business Operations (SBO) is a chain of operational centres that form an integral part of Royal Dutch Shell. We influence business development for Shell globally, enabling the work of 90,000 employees in over 80 countries across the world.
SBO Kuala Lumpur is focused on driving excellent corporate performance in Human Resource, Finance Operations, Customer Operations, Supply Chain (Order to Delivery), Contracting and Procurement, Legal Services Global Operations and Creative Solutions. We enable Shell to operate in a global-competitive and ever-changing business environment. A career in Shell will offer you remarkable opportunities for growth, extensive experience across different business areas and the tools you need to discover and develop your skills within the energy industry.
We’re looking for qualified individuals with the drive to create significant business impact, as well as to collaborate with a team of professionals with diverse backgrounds. If you are a great team player, possess superior communication skills and problem-solving abilities, join us and see the impact that you can make across our global business.