Description:

An overview of the role is to manage the Accounts Receivable exposure of UK & Ireland Marketing businesses in line with Global Credit Policy, while supporting the relevant marketing strategies.

Primary Accountabilities/Responsibilities include

• Review of New & existing customers creditworthiness, establishing credit limits, taking out security where appropriate to manage risk.
• Work with the business to establish Credit terms, methods of payment, and agreed level of exposure consistent with Global Credit Policy
• Provide a focal point for Credit issues for the Retail and Bulk businesses respectively
• Work with respective Sales Channel Strategy Teams, to influence the portfolio balance of Credit Risk vs. Profitability
• Liaison with customers to agree terms, and gain knowledge of business and financial standing
• Ongoing monitoring of exposures vs. credit limits
• Maintenance of Credit Files, with audit trail of Credit approvals, in compliance with agreed SOX processes
• Periodic reporting to Sales Channels on DSO's/Overdues and other meaningful metrics as agreed
• Manage Doubtful Debt provision in respect of customer portfolio
• Technical mentoring collectors, driving functional excellence. Providing cover for collectors in their absence
• Quality Control for overall credit service to the Marketing businesses
• Monthly reconciliation of accounts receivables for various COP companies

Critical Skills/Leadership Criteria

• Good Credit Analysis experience (ideally in the Oil industry) and/or a Professional Credit Qualification or part qualified ACCA, CIMA or ICM.
• Strong Analytical Skills
• Willingness to make independent credit decisions within defined authorities
• Customer Focus - external - valued customers
• Customer Focus - internal - quality and timeliness of service
• Understanding of business strategy & goals
• Rigor