The Credit Analyst is responsible for appraising credit risk of new and existing customers consistent with the Refining & Marketing credit standard & policies.
The Credit Analyst also provides assistance on overdue debt management, legal recovery and business support to the BP Sales teams and monitors customer transactions against credit limits;
ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Candidate is also expected to back up A / R, and Cash & Banking activities.
Ensure alignment in terms of compliance with BP Credit Policy and adoption of and contributing to best practice processes.
Acquire and review customer financial data using market information and through liaising with specialist credit agencies to assess credit worthiness of customers and assign an appropriate risk rating and approve credit limit within DOA.
Credit Analyst is expected to handle complex credit reviews involving limits above USD1million.
Monitor, track and follow-up on customer accounts including control of orders for accounts which are overdue or over their credit limit.
Act as the local centre of expertise in relation to account assessment, identifying risk situations and taking appropriate action.
Provide advice to the Sales function on the credit worthiness of customers including recommendations on credit limits and payment terms.
Provide guidance, support and advice on how to resolve issues related to credit management.
Support other team members and whenever required act as a backup for timely and accurate recording of cash receipts and match invoices into the AR ledgers, support and prepare documents for period end close.
Assist the Credit Assistant Manager with the in-country credit activities for Japan including guidance, support and advice on how to resolve issues related to credit management and strategic for business strategy.
Develop and maintain professional relationships with key stakeholders, customers and external service providers.
Accountable for reporting and ensure that reports are prepared and sent out accurately and in a timely manner.
Take lead in Continuous Improvement (CI) projects and Power BI by implementing best practices and look for opportunities in current processes by means of automation and transformation.
Education and Experience
Bachelor’s Degree in Business, Finance, Accounting or related field.
Minimum 4 to 5 years of experience in Finance, Accounting, Credit Assessments, Collections or Financial performance in an international environment.
Shared service centre experience; preferably in oil and gas industry, lubricants industry or similar (eg. paint, chemical, batch processing industry) would be desirable.
Written and spoken proficiency in Japanese and English language (Mandatory)
Familiar with Japanese culture / customs
Proficiency in MS Office / JDE / SAP & Power BI
Ability to demonstrate a strong understanding of stakeholders needs / behaviours.
Excellent written / oral communication skills and ability to build effective working relationships.
Good performance management skills.
Strong time management and organisation skills, able to prioritise and handle urgent issues and escalations.
Core Competencies :
Performance Bias - Basic
Partnership and Team working Basic
Leading People Skillful
Business Awareness Skillful
Wise Decisions - Basic
Technical Competencies :
Credit Management Skillful
Risk Assessment Skillful
Understanding Accounts Skillful
Compliance and Assurance - Basic
Managing internal relationships & building partnerships Basic