ABB (Asea Brown Boveri) is looking to hire an Accounting and Reporting Analyst for their Bangalore location. This role is open to candidates with a degree in MCom, MBA (Finance), or BCom, and 0 to 2 years of experience. As an Accounting and Reporting Analyst, you will be responsible for managing financial records, preparing reports, and ensuring compliance with accounting standards.
Company Name: ABB(Asea Brown Boveri)
Job Role: Accounting and Reporting Analyst
Education Required: Degree in Mcom/MBA-finance/ BCOM
Experience Required: 0 to 2 years
Job Location: Bangalore
Role and Responsibilities:
- Credit Assessment and Risk Analysis: You will be responsible for evaluating the creditworthiness of customers and assessing their ability to repay their debts. This involves analyzing financial statements, credit reports, and other relevant information to make informed decisions regarding credit limits, terms, and conditions.
- Credit Policy Development and Implement: You will be responsible for developing and implementing credit policies and procedures that align with the company’s overall financial goals and objectives This includes establishing guidelines for credit limits, payment terms, credit terms, and credit terms negotiation.
- Business Relationship Management: You will be closely working with the Collection Team and various Business units to build strong relationships and resolve any credit-related issues. This involves effective communication and negotiation to ensure prompt payment and manage any disputes or delinquencies.
- Collaboration with Sales and Finance Teams: You will collaborate with the sales team to evaluate potential customers and provide guidance on credit terms. Additionally, you will work closely with the Collection Team and Business to reconcile accounts, assess credit risk, and manage cash flow.
- Conduct Credit Committee Meetings: You will be responsible for conducting periodic credit committee meetings (including preparation of various data required for the meeting), and implementation of committee action items.
- Credit Monitoring and Collections: You will be responsible for monitoring customer accounts to ensure timely payments and manage the collections process for overdue accounts. This includes sending reminders, making collection calls, and coordinating the Collection Team and various Business units, if necessary.
Required Skills and Qualifications:
- You are immersed and engaged in you enjoy working with SAP good in accounting.
- Minimum 0-2 years of work experience in SAP / S4 HANA is preferred.
- You are passionate about Analytics skills.
- Degree in Mcom/MBA-finance/ BCOM.
- You are at ease communicating in communication (verbal/written)
- Knowledge of Microsoft Office, specifically MS Excel & PowerPoint.
