Danfoss is currently seeking candidates for the position of Credit Analyst at their location in Oragadam. The role is tailored for freshers who have completed their Graduation or Post Graduation in Finance. As a Credit Analyst at Danfoss, individuals will be responsible for assessing credit risk, analyzing financial data, and making informed decisions to ensure the company’s credit policies are upheld. This opportunity offers a platform for recent graduates to apply their theoretical knowledge in finance to real-world scenarios within a reputable organization like Danfoss.
Company Name: Danfoss
Job Role: Credit Analyst
Education Required: Graduation or Post Graduation in Finance
Experience Required: Freshers
Job Location: Oragadam
Role and Responsibilities:
- Follow up and communicate with internal and external customers to ensure prompt and on-time payment of receivables and resolution of disputed open items.
- Make decisions about the release of blocked orders.
- Assess credit risk and perform creditworthiness analysis of the customers, in order to make decisions about order releases, as well as credit limits in accordance with delegation of power.
- Maintain accurate credit data and collection files. Maintain electronic collection notes for each customer account.
- Identify root causes of issues that cause receivable aging. Report findings to management and suggest & and perform possible courses of action to remedy.
- May be responsible for training.
- Training of new credit team members and others as needed.
- Possibility to collaborate in the design and implementation of processes to improve efficiency.
Required Skills and Qualification:
- Basic MS Office knowledge.
- Strategic thinking demonstrates effective evaluation and problem-solving skills.
- Ability to apply basic accounting principles in the interpretation of customer financial statements
- Teamwork and ability to work in a changing environment.
- Customer focus and interpersonal skills secure helpful resolutions on queries and disputes
- Strong organizational skills and self-driven personality.
- Ability to manage multiple tasks within demanding timelines and an occasionally stressful environment.
- Follow a defined strategy to ensure goals are met and exceeded.
- SAP knowledge would be an advantage.
- Should have done Graduation or Post Graduation in Finance.
