Cash Collection and Credit Mngmt Manager

Ericsson-Worldwide
$86,515 - $109,547 a year
Singapore
3 weeks ago
Singapore,Singapore,Singapore
+3 more

Job ID
770377
Join our Team

About this opportunity:

We are seeking a results-driven Cash Collection & Credit Management Manager to lead a high-performing team, responsible for optimizing cash collection, minimizing AR Overdue and mitigating credit risk of Ericsson. This role is essential to ensuring the financial health of Ericsson by driving effective cash collection strategies, delivering accurate cash collection forecasting, and enhancing working capital performance. The ideal candidate will have a strong background in Finance, accounts receivable management, and credit management area.

What you will do:

  • Leadership & Team Management
o Leading high performing cash collection and credit management team, to foster a culture of continuous improvement within the team.
o Leading the team to drive cash collection performance and to secure the application of Credit management directive in MOAI.
  • Performance driver on Cash Collection optimization and AR Due improvement
o Leading the team in providing strong support towards cash collection forecast quality and accuracy, Drive mindset to organization: forecast should not be seen only as deliverable but use as insight to drive for results
o To identify and to drive actions towards cash collection performance barriers by leading cross-functional resolutions with stakeholders and customers.
o To develop and to implement Wow and policies to improve collection efficiency and to reduce DSO (Days Sales Outstanding). Also to safeguard Ericsson in credit management areas.
  • Credit Risk Management
o Implementing effective credit policies to reduce DSO (Days Sales Outstanding) to safeguard Ericsson’s interests.
o Collaborate with the Market Area Credit Manager and Global Credit Control teams for effective credit management applications in MOAI.
  • Stakeholder Collaboration
o Work closely with Market Area teams & customers to gather business updates customer insights on liquidity status
o Strong Partnership with Hub & Group Treasury on customer financing solutions such as SOR, Letters of Credit (LC), and LC discounting..
o Strengthening networking and collaboration with Global Credit Control team to improve processes and to manage credit risk in Market Area in most efficient way.
  • Process Optimization & Reporting
o Drive continuous improvement initiatives to enhance collection efficiency and working capital (WCAP) levels.
o Compliance
o Provide timely and accurate reporting & management reporting on Cash Collection, Balance Sheets and Credit Management area.
The skills you bring:
  • Bachelor’s degree in Finance, Accounting, or related field. Certified Accountant is preferred.
  • Minimum 5 years’ experience in cash collection, credit control, including at least 2 years in a managerial/supervisory capacity.
  • Strong leadership, and stakeholder management skills.
  • Deep knowledge of credit risk frameworks, AR management, and working capital optimization.
  • A deep understanding of various financial instruments and market dynamics analysis.
  • Financial & Business Acumen – Deep understanding of financial drivers, credit risk, and collection management.
  • Performance Drive – Ability to translate data and forecasts into actionable business insights, to be able to lead the team for cash collection result optimization
  • Customer Orientation – Strong ability to collaborate with internal and external customers to resolve issues.
  • Communication & Influence – Excellent verbal and written communication skills, story telling and influencing skill should be in good level.
  • Change & Process Leadership – Skilled at driving process improvements and managing through change.
  • Analytical & Decision-Making Skills – Strong ability to analyse data and to lead for actions
  • Strategic Thinking

Why join Ericsson?

At Ericsson, you´ll have an outstanding opportunity. The chance to use your skills and imagination to push the boundaries of what´s possible. To build solutions never seen before to some of the world’s toughest problems. You´ll be challenged, but you won’t be alone. You´ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.

What happens once you apply?

Apply
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