Credit Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Key Accountabilities

• “Acquire and review customer financial data using market information and through collaborating closely with specialist credit agencies to assess credit worthiness of customers and assign an appropriate risk rating and approve credit limit within DOA.
• Ensure compliance to the Downstream Credit Policy of all active customers, having a valid credit review in place, an assigned BP risk rating/ CL/ payment terms in the system.
• Provide advice to the Sales function on the credit worthiness of customers including recommendations on credit limits, payment terms, monitor, track and follow-up on customer accounts including control of orders for accounts which are overdue or over their credit limit.
• Ensure timely approval of blocked order and credit notes within DOA. Monitor, track, and follow-up on customer accounts which are overdue or over their credit limit.
• Managing Credit Risk exposure and Expected Loss Limit to support delivery of business goals through the optimization of the balance between credit risk and reward by applying good business judgement.
• Review and approve Credit Assessments, bad debt provision and write offs within DOA. Bring up those above DOA for approval by providing reasoned recommendations to senior Management
• Build and maintain professional relationships with key partners - Customers, Legal, Credit Collection teams and external service providers. Conduct monthly meeting with Sales.
• Undertake Credit health checks and external audits as and when required.
• Evaluation of Risk mitigations (securities)
• Ensure Monthly and Quarterly reporting activities are performed in an accurate manner within the assigned deadlines (i.e.: quarterly aggregation ELL at country level)
• Participate in customer visits wherever necessary. Handle customer queries, resolve their disputes and send reminders wherever necessary.
• Perform regular analysis of overdue trends, lead the assessment of root causes and make suggestions on risk mitigations and overdue improvements
• Support other team members in GBS and whenever required act as a backup for order release, monthly / quarterly period end close activities for other countries.
• Take lead in Continuous Improvement (CI) projects and Power BI by implementing standard methodologies and look for opportunities in current processes by means of automation and transformation.

Experience:

• Bachelor’s Degree in Business, Finance, Accounting or related field.
• Proven 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 Mandarin & English language
• Proficiency in MS Office / JDE/SAP & Power BI

At bp, we provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities to craft your career path
• Life and health insurance, medical care package
• And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance, Long Term Planning {+ 4 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please .

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.