Financial Risk Management Specialist
hace 14 horas
Job Summary
H.B. Fuller, a leading global provider of adhesives and specialty chemicals, seeks an experienced Financial Risk Management Specialist to join its team in Latin America.
About Us
We specialize in creating innovative solutions that connect people and products. Our mission is to deliver exceptional quality and performance while providing outstanding customer service.
Job Description
The Financial Risk Management Specialist will report directly to the Latin America Credit Manager and be responsible for assessing customer credit risk, mitigating marginal risks, and optimizing accounts receivable turnover. This position requires strong analytical skills, effective communication, and negotiation abilities.
Main Responsibilities
Credit Risk Assessment and Mitigation (30%):
- Conduct thorough analysis of customer creditworthiness based on historical data, sales information, and financial status.
- Assign risk ratings and set credit limits within established authority levels or recommend adjustments as needed.
- Collaborate with sales teams to mitigate potential risks and escalate concerns to the manager when necessary.
- Develop and maintain relationships with key customers to ensure timely payment and optimal credit terms.
Supervision and Team Management (20%):
- Oversee the daily activities of 3-5 Credit and Collections Representatives, ensuring adherence to service level agreements (SLAs).
- Provide guidance and support to team members to enhance their performance and develop individual development plans.
Order Holds and Collection Follow-up (20%):
- Systematically address customer orders held due to over-limit or aging conditions, involving relevant stakeholders to resolve issues efficiently.
- Work closely with sales and customer service teams to prevent unnecessary delays and optimize order processing.
Escalation of Collection Issues (15%):
- Determine the next course of action for delinquent accounts after routine follow-up efforts have been unsuccessful.
- Collaborate with sales and business clients to develop strategies for resolving delinquency issues and future orders.
- Recommend options or escalate complex issues to the Latin America Manager for further review.
Budgetary and Financial Accountability:
The Financial Risk Management Specialist has up to $250k USD credit limit approval authority and up to 15% flexibility for exceptional exposure above approved limits. This delegation is granted by the Global Credit Manager based on experience and performance.
Required Qualifications:
- College degree in Business, Finance, or Accounting
- 5+ years of commercial or commensurate financial management experience
- Demonstrated written and verbal communication skills in English
- Demonstrated negotiation skills
- Business travel experience (2-3 trips per quarter) for meetings, customer visits, and credit conferences
Preferred Qualifications:
- Written and verbal communication skills in English and Portuguese
- SAP ERP A/R system experience
- Credit Certification (CICP, ICCE, CGCE)
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