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Sr.Specialist, Business Services - (Credit Management)

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Administrative Support
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24000029 Requisition #
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DESCRIPTION: 

Avient Corporation (NYSE: AVNT), with expected 2021 revenues of $4.9 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

  • Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials
  • Light-weighting solutions that replace heavier traditional materials which can improve fuel efficiency in all modes of transportation
  • Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

 

Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.  For more information, visit www.avient.com.

WHY AVIENT:

At Avient, we strive for a culture of trust and engagement. Our associates are leading company initiatives such as Lead by Women, HYPE (Harnessing Young Professionals), Pride at Avient and Embrace to advance diversity in professional and personal development. We also provide our associates with robust development programs such as Avient Academy, Lean Six Sigma, and various leadership workshops to allow for career growth in a variety of ways. With workplace flexibility, health and wellness programs, casual dress days, and paid time off for community service, we are committed to building upon our positive momentum.

At Avient, we believe diversity of ideas and backgrounds gives us the creativity to be successful in a rapidly changing world.  In support of this, we stress equality of opportunity for all qualified individuals in accordance with applicable laws. Decisions in hiring, promotion, development, compensation and advancement are based upon non-discriminatory factors such as, for example, qualifications, abilities, experience, and performance.

Job Specification – Sr. Specialist, Business Services – Credit Management (CM)

Job location: Pune

 Should be ready to work in NORAM shift

 

Job Summary

To contribute to deriving operational excellence for SSC OTC by playing a key role in Offshore process Migrations, Month End Closing, Credit risk mitigation, Order release, Account Reconciliations creation and review.

Essential Functions

Essential Function 1: Process Operations

·       Should be able to create credit scoring models as a credit risk team member.

·       Should ensure that all the credit limits given out should comply with the procedures and regulations.

·       Should be able to keep track and record the AR payments and bad debts account.

·       Should lookout for the company’s credibility and potential revenues and losses.

·       Should be able to negotiate credit terms with Sales team for new and potential customers. 

·       Have regular interaction with Sales team to discuss outstanding collections Coordinate with Customer service team to gather additional details with respect to collections or credit management transactions

·       Credit assessments for Existing customers Maintaining Internal Tracker for the activities/SLA DTP-SOP s updating regularly basis Adhere to process defined Service Level Agreements (SLA).

·       Perform collection and credit management tasks as per defined TAT Accuracy: Ensure 100% accuracy rate in day-to-day activities.

·       Analyze individual and business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios. 

·       Use ratio analysis and evaluate other qualitative factors to determine a client’s risk of default.

·       Work with Credit Manager and Closing partners to ensure a seamless and timely delivery of credit to the client, while maintaining a strict regulatory and control environment.

Essential Function 2: People Aspects

·       Participate in weekly team meetings

·       Team oriented and process driven. Proactive and one team attitude

·       Share and assist Team manager on building lean culture in the team, for efficient service delivery

·       Perform and ensure smooth month end close and reporting for assigned entities.

Essential Function 3: Stakeholders /Cross Functional Relationship Management

·       Maintain positive & strong work relationships with cross functional teams and respective stakeholders.

·       Establishing and maintaining strong, collaborative relationships with internal and external customers

·       Interface with other SSC teams to ensure compliance with cross-team responsibilities

Essential Function 4: Project Management

·       Support, communicate and follow up with Project lead/ Stakeholders about specific projects and their goals

·        Coordinate and schedule execution of the project

·        Review, assess and evaluate execution of the project on a regular basis
Develop project reports on a timely basis and ensure completion of the project in a timely manner Maintain, manage, track, document all project reports and prepare cost/benefits tracking

 

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QUALIFICATIONS:

Education 

·       B.COM/MCOM

·       Accounting education Must; any degree in accounting

Business Experience

 

·            Essential: +7 Years (Non CA)

·            Essential: High end Accounting & Analytical skills

·            Desirable: SAP FICO Closing and Reporting Experience.

·            Desirable: Working experience within a shared services center/BPO

 

 

Additional Qualifications

 Desirable: Degree/Diploma in Business Management

Environmental, Health, Safety, & Security (EHS&S) Requirements

Avient integrates EHS&S into all aspects of our operations. Each position at Avient is responsible for complying with all applicable EHS&S requirements. Additionally, employees and management are responsible for reporting all EHS&S incidents immediately to ensure we keep EHS&S a priority within the organization. 

Security includes physical security and cyber security.

Competencies

Each position at Avient focuses on eight Core Competencies as a Leader of Self.  Additionally, management positions focus on Leadership Competencies as a Leader of Others and/or a Leader of the Business.  These competencies are designed to drive behavior that will ultimately help our associates excel at their current roles, while supporting individual and career development.

Avient Corporation is a drug free workplace.  Avient is an equal opportunity employer. We maintain a policy of non-discrimination in providing equal employment to all qualified employees and candidates regardless of race, sex, sexual orientation, gender identity, age, color, religion, national origin, disability, genetic information, protected veteran’s status, or other legally protected classification in accordance with applicable federal, state and local law.

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