Senior Credit Manager - Courbevoie, France - Nexans

Nexans

Entreprise vérifiée

Courbevoie, France

il y a 3 semaines

Posté par:

Sophie Dupont

beBee Recruiter

Description

Lieu:
Courbevoie, FR, 92400
Fonction:Finance
Type d'emploi:Temps plein
Expérience requise:Expérimenté - plus de 5 ans
N° de l'offre:72138Senior Credit Manager

About Nexans
Nexans is a global player in energy transition

Our purpose:
ELECTRIFY THE FUTURE. For over a century, Nexans has played a crucial role in the electrification of the planet.

With around 25,000 people in 42 countries, the Group is leading the charge to the new world of electrification:
safer, sustainable, renewable, decarbonized and accessible to everyone. In 2021, Nexans generated 6.1 billion euros in standard sales.-
Position:
Senior Credit Manager

Organization

Direct report to Finance Director Holdings and SSCs France
Interface between Sales, Financial Department and Controlling team in BG/BU organisation in France
In charge of French entities : Nexans France, Nexans Aerospace France, Nexans Telecom Systems, Nexans Industrial solutions France, Nexans Interface, Nexans Power Accessories France
Turnover of 2,1billion euros
Management of a team of 9 people
Primo-Interpares interface from Credit managers to Corpororate insurance Director (CM program) and broker: France is the reference within the Group in term of Credit Management Guidelines

Responsabilities

Timely information procurement about business prospect based on credit reporting agency
Evaluate received informations and request internal agreement, if necessary (internal agreement French policie)
Report monthly, quarterly, yearend: A/R, overdue A/R, reserves A/R, DSO, amounts over insurance credit limit, payments in advance, bank guarantees and intercompany flows ( quarterly)
Manage cashin actuals and forecast for the next 3 months
Supervise booking of the accounts receivable, propose reserves upon analysis
Define target reporting model and ensures relevant IT developments
To realize other measurements and reporting tools as deemed necessary
To be a keyuser within Getpaid tool, handle deployments

Risk monitoring

Permanently review and maintain of granted insurer credit limit to potential and existing customers
Continually measure and evaluate existing customer payment performance to validate appropriate credit lines and payment terms critical appraisal and support of payment terms and credit limits
Inform Business Groups /Units managers of the amendments of credit limit receided by the insurer
Manage internals agreements by Business Groups/Units

Risk minimizing

Minimizing undercoverage of receivables (gap analysis)
Delete needless credit limits mind the credit portfolio
Report unpaid receivables to the insurer in due time to invoke the indemnification
Advises financial management on major customer exposures and risks and recommends and implements action plan, while maintaining customer relationships and highest practical sales volumes
Permanently efficient cash collection (see next point)

Cash collection

To handle dunning process and collections if necessary block the account in wellfounded cases
Send several times in the month overdue items to Sales Departments (FOBO)/ customer for clearing oustanding items
Analysis unallocated cash without clear assignment, and unclaimed customer credits as per local legal conditions.
Send to the treasury department a cashplan according to the calendar in order to improve the financial position (cash flow) at group level
Close cooperation with legal department in causa contract design/ collection

Efficient routines/ processes

To Establish and continually evaluate effectiveness of current credit and collection policies and procedures and ensuring they are aligned with corporate directives, business strategies and current local, legal_
To establish and maintain accurate and up to date customer data/ accounts
Hire and train credit department staff on Nexans systems, policies and procedures
Managing factoring program for A/R portfolios
Initiate field visits with internal and external customers and critical credit associations to foster good relations
Coordinates with the BG CFO / BU CFO on all credit issues
Coordinates as necessary with insurer/ internal/ external auditors

Coordinates with insurer

Liaise/negotiate with the insurer for A/R an optimal Credit Insurance coverage
Consistency of methods & tools and timeliness of reporting information
In charge of the quarterly intercompany flows reconciliation (sales to cash)
Supervise the team to have accurate and clean accounts receivable and assist in quarterly, half year and yearly closing

Comply with the Credit Management Policy

Applies Nexans' policies and procedures relating to credit management and the "ordertocash" process; follows established processes and protocols
Continually evaluates the effectiveness of current credit procedures and control activities /ensures they are aligned with corporate procedures, legal directives, ins