Accounts Receivable and Credit Risk Lead
Accounts Receivable and Credit Risk Lead
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1 Vacancy
Job Description
About us
At Daimler Truck UK Ltd we deliver Sales and Marketing for all Daimler Truck UK products in the UK. These include:
MercedesBenz Trucks: renowned for their quality reliability and innovative features. They cater to various industries from logistics and construction to longhaul transportation. MercedesBenz trucks are designed for efficiency safety as well as delivering driver comfort.
FUSO Trucks: FUSO a subsidiary of Daimler specializes in light and mediumduty trucks. They offer practical solutions for urban delivery shorthaul transport and vocational applications. FUSO trucks are known for their agility fuel efficiency and low environmental impact.
We are dedicated to sustainable transportation solutions to provide fuel efficiency emission reduction and safety across our ranges.
We here at Daimler Truck are looking for anAccounts Receivable and Credit Risk Leadto join ourFinance and Controllingteam based at our new Head Office in Willen Milton Keynes. Within this roleyou will manage the entire sales ledger process to minimise risk to the business with the overall view of protecting the profitability of the business.
Responsibilities
More about the role
Credit Risk Management:
- Create our own credit risk analysis based on customers financials and previous payment performance as well as external risk credit information for potential and existing customer. Provide a final recommendation based on all relevant credit risk KPIs making sure all signs of potential risk are recognised and to take proactive measures to mitigate risk to the business.
- Adherence to bench marking on financial analysis with Daimler Truck group companies and management of company governance.
- Analyse and recommend possible credit collaterals to improve customers credit e.g. (Factoring Physical and financial assets).
- Constant risk monitoring of granted credits limits with corresponding management reports and financial actions to minimize risks.
- Develop implement and maintain local credit control policies and procedures to improve cash flow and minimize bad debt.
Accounts Receivable Management:
- Implement digital tools e.g. dashboards AI data analytics and predictive analysis to automate routine tasks and make efficiencies ensure accuracy of sales ledger and general ledger bookings and that cash and open items are cleared in an accurate and timely manner.
- Ensure all accounts receivable reporting and analysis is prepared on a monthly quarterly and yearly basis to identify trends highlight areas of improvement and to monitor KPIs to present to local management and headquarters.
- Maintain a professional and proactive communication with customers and internal stakeholders regards to collections dispute resolution and other customer contact requirements.
- Continuously review all Sales Ledger processes analysing where efficiencies can be made.
- Responsible for in month sales ledger tasks which leads to month end closing tasks ensuring correctness of invoices processed payment tracking and all reconciliations making sure the ledger is accurate.
Shared Services Management:
Manage guide and drive the shared services team to.
- Maintain the AR Ledger to ensure they are achieving process standardisation and accuracy
- Fulfil KPIs
- Adhere to compliance and risk management
- Ensure updated technological integration
- Make sure data analysis and reporting are done on a regular basis
Build and maintain a strong and collaborative relationship with the shared service team. And ultimately be responsible for ensuring the shared service centre maintain customer satisfactionresulting in customer retention and business profitability.
Cash Flow Management (focus on accounts receivable):
- Responsible for accounts receivable long term and short term plannings as well as target achievement deviation report with corresponding countermeasures to improve planning accuracy and cash conversion cycle.
- Work with the other accounting team members in preparing the working capital reports involving Cash Conversion Cycle (CCC) and actively participate in providing suggestions and recommendations to bring the Cash Conversion Cycle to a healthy level.
- Responsible for analysing Aged Debts and the Days Sales Outstanding (DSO) per customer (intragroup and external) and take necessary actions to bring the DSO days to a minimum level as per agreed credit terms with the customers.
- Recommend and implement tools to improve Cash Conversion Cycle as for example factoring (Internal/External) payment term review based on market best practices.
Policies and guidelines:
- Adhering to policies to ensure dealers/ customers submit payments on time and follow customer service best practices.
- Ensure adequate internal control processes are in place to meet audit/compliance requirements as well as other internal requirements (e.g. DTAG policies).
- Establish effective monitoring and control mechanisms to oversee credit processes and identify any deviations from policy.
Qualifications
About you
- Accredited Accountancy Qualification Finance Management or similar area of study
- Solid credit control experience
- Ability to display operational financial and conceptual understanding
- Experience by implementing digitalization tools on financials procedures as Data analytics and predictive analyses.
- SAP experience and/or experience of working with several IT systems and ability to drive any system changes when required
- Intermediate to advanced Excel PowerBI and presentation skills
- Experience working with a shared service centre beneficial
- Ability to analyse financial data from published financial statements of companies provide credible information to management and draw sound conclusions
- Ability to prioritise daily activities and work effectively to meet deadlines
- Ability to apply rules and challenge noncompliance
- A commitment to continuous improvement problem solving capabilities and selfdriven attitude
- Effective communication skills to liaise with dealer network and customers
What well give you
As well as the opportunity to work for a great business who are passionate in everything that we do well offer you acompetitivesalary and discretionary bonus structure. We also hope youll love our products as much as we do with access to our colleagues car scheme. On top of that youll be able to join our pension scheme and youll get a flexible benefit pot that can be used to find the benefits that are right for you.
Were here to support you we offer access to colleague wellbeing resources including an Employee Assistance Programme and Mental health First Aiders. Whats more well also encourage your development with the training and knowledge you need to reach your potential.
Whats next
Once you click apply well take you through to the Daimler Truck careers portal. Here youll need to complete a short 10minute application form attach your current CV and submit your salary expectations. Simple.
Closing Date: 16 April 2025
Dont forget to follow us on LinkedIn @Daimler Trucks UK Ltd.
At Daimler Truck we promote diversity and stand for an inclusive corporate culture. We value the individual strengths of our employees because these lead to the best team performance and thus to the success of our company. Inclusion and equal opportunities are important to us. We welcome applications from people of all cultures and genders parents people with disabilities and people of any community.
Managing your data
We care about your personal data. The General Data Protection Regulation provides you with more control and by submitting an application to us; we consider this to be an agreement to process your personal data in support of our recruitment and selection process.
Data categories that we process in relation to your application are the ones that you provided as part of the application process. We process your personal data in relation to the application in accordance with the legal requirements. Recipients of your personal data within our company are the managers of the specialist unit in charge of filling the position and the responsible colleagues from HR.
Your application data is held within our secure application tracking system called Taleo you will be given access to a candidate zone in this system where you can monitor and manage your application and see status updates. We will communicate with you by email or phone throughout the recruitment process so that we can keep you updated and inform you of your progress through the recruitment process. You can also seek job alerts once you are registered in Taleo and its possible your details may be returned in searches we conduct for new positions and we may contact you by email to let you know about them. We limit the storage of your data to the necessary period. Contact us as for further information.
If you have any questions about any matter relating to data protection or the personal data that we process about you for the purpose of personnel recruiting please contact the Chief Officer of Corporate Data Protection for the Daimler Group at the following address: Daimler AG HPC EStuttgart.
Employment Type
Full-Time
