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Credit Management & Factoring Specialist

AT Hitachi Energy
Hitachi Energy

Credit Management & Factoring Specialist

Milan, Italy

The opportunityThe Factoring and Credit Assessment Specialist plays a key role in managing the company's credit risk and cash flow by overseeing factoring operations, conducting credit assessments, managing billing and collections, and ensuring accurate reporting of receivables and bad debt provisions.

How you'll make an impact

  • Factoring Operations:

    • Manage end-to-end factoring processes, including onboarding of receivables, liaising with factoring partners, and reconciling payments.
    • Monitor factoring limits and ensure compliance with contractual terms.
  • Credit Assessment:

    • Evaluate the creditworthiness of new and existing customers using internal scoring models and external data sources.
    • Recommend credit limits and payment terms based on risk analysis.
  • Billing and Invoicing:

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  • Ensure timely and accurate issuance of customer invoices.
  • Collaborate with sales and operations teams to resolve billing discrepancies.
  • Credit Collection:

    • Monitor accounts receivable aging and proactively follow up on overdue accounts.
    • Negotiate payment plans and escalate delinquent accounts as needed.
  • Reporting and Analysis:

    • Prepare and analyze the Aging Report to identify trends and risks in receivables.
    • Calculate and maintain Bad Debt Allowances in accordance with accounting standards and company policy.
    • Provide regular updates to management on collection performance and credit exposure.
  • Compliance and Controls:

    • Ensure adherence to internal controls, company policies, and regulatory requirements.
    • Support internal and external audits related to receivables and credit management.

  • Your background

    • Bachelor's degree in Finance, Accounting, Economics, or related field.
    • Proven experience in credit management, factoring, or accounts receivable.
    • Strong analytical and negotiation skills.
    • Proficiency in Microsoft Office.
    • Knowledge of SAP is a plus.
    • Knowledge of IFRS/GAAP principles related to bad debt provisioning is a plus.
    • Excellent communication and stakeholder management abilities.

    More about us

    We offer you the opportunity to work with fantastic people and develop yourself on projects that present great technical challenges and have a real impact.

    Wide range of benefits:

    • Health insurance;
    • Pension fund;
    • Welfare;
    • Smart working;
    • Flexible working hours;
    • Lunch tickets.

    Apply now

    Current employees apply here

    Client-provided location(s): Milan, Metropolitan City of Milan, Italy
    Job ID: Hitachi_Energy-JID3-139988
    Employment Type: Full Time

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Life Insurance
      • Short-Term Disability
      • Long-Term Disability
      • FSA
      • HSA With Employer Contribution
      • Pet Insurance
      • Mental Health Benefits
      • Virtual Fitness Classes
      • On-Site Gym
    • Parental Benefits

      • Fertility Benefits
      • Family Support Resources
      • Birth Parent or Maternity Leave
      • Adoption Assistance Program
    • Work Flexibility

      • Flexible Work Hours
      • Remote Work Opportunities
      • Hybrid Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
      • Snacks
      • Some Meals Provided
      • Company Outings
      • Holiday Events
    • Vacation and Time Off

      • Paid Vacation
      • Unlimited Paid Time Off
      • Paid Holidays
      • Personal/Sick Days
      • Summer Fridays
    • Financial and Retirement

      • 401(K) With Company Matching
      • Performance Bonus
      • Relocation Assistance
      • Financial Counseling
    • Professional Development

      • Tuition Reimbursement
      • Learning and Development Stipend
      • Promote From Within
      • Mentor Program
      • Access to Online Courses
      • Lunch and Learns
      • Work Visa Sponsorship
      • Leadership Training Program
      • Internship Program
      • Associate or Rotational Training Program
    • Diversity and Inclusion

      • Diversity, Equity, and Inclusion Program
      • Employee Resource Groups (ERG)

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