Credit Control Analyst

Credit Control Analyst

Entity: Daikin Europe HQ

Job Category: Finance and Accounting

Location: Oostkamp, West Flanders, BE

Job Requisition ID: 1406

Daikin Europe NV (DENV) is a subsidiary of Daikin Industries Limited, a leading global provider of HVAC-R (heating, ventilation, air conditioning and refrigeration) solutions.

DENV serves as Daikin’s sales, R&D, and production headquarters for Europe, the Middle East, and Africa, with offices in Brussels, Ghent, and Ostend, as well as 8 production plants and 24 sales subsidiaries across the EMEA region.

For its EMEA headquarters, Daikin is looking for a Credit Control Analyst.

Target and Scope of the Function:

1. Analyse credit limit requests and decide/propose which credit lines can be granted to customers using financial analysis and risk management tools, such as credit insurance, letters of credit, and bank guarantees.
2. Proactively identify upcoming special credit requirements and seek credit risk management solutions in cooperation with credit insurers and brokers.
3. Follow up and manage credit blocked orders and deliveries.
4. Manage multiple credit insurance contracts: claims submission, declarations, indemnifications, and information sharing.
5. Evaluate bad debt risk of overdue accounts receivable, assess the necessity of bad debt provisions postings and write-offs, and provide necessary intelligence to management for decision-making.
6. Prepare recurring and ad hoc reports to provide the credit manager with a solid basis for planning and results evaluation.
7. Communicate frequently with various stakeholders both within and outside the company (sales department, customers, credit insurers) on credit management topics.

Profile:

1. Master's degree, preferably in an economic or financial area.
2. Passionate about credit management with a solid understanding of key concepts and tools such as overdue accounts, credit insurance, and letters of credit, ideally supported by first work experience in a B2B environment.
3. Knowledge of SAP is an asset; knowledge of FSCM is a strong asset.
4. A basic understanding of IFRS accounting standards related to credit control (e.g., IFRS 9) is recommended.
5. Eager to learn.
6. Strong analytical skills, capable of summarizing and reporting complex cases.
7. Out-of-the-box thinker, always seeking improvement and able to troubleshoot.
8. Team player with excellent English communication skills; knowledge of another European language is a strong plus.