Job Title:Credit Analyst and AR Collection Assistant Manager

Job Title: Credit Analyst and AR Collection Assistant Manager

PT. HDHyundai Construction Equipment Indonesia

JOB PURPOSE / SUMMARY

The job purpose for a Credit Analyst and Accounts Receivable (AR) Collection role is to assess the creditworthiness of customers, manage credit risk, and ensure timely collection of outstanding payments. This helps maintain a healthy cash flow while minimizing bad debts and financial risk for the company. Here are the key aspects of the job purpose:

1. Credit Analysis
   • Evaluate customer creditworthiness by analyzing financial statements, credit reports, and payment history.
   • Establish and recommend credit limits and terms based on risk assessment to support strategic decision-making by management.
   • Develop and enforce company credit policies to minimize bad debts.
2. AR Collection
   • Track and follow up on overdue accounts to ensure timely payments.
   • Maintain accurate records of collection efforts and report on aging accounts.

ROLE & RESPONSIBILITIES

1. Credit Analysis & Risk Management
   • Evaluate the creditworthiness of new and existing customers by analyzing financial statements, credit reports, and payment history.
   • Assess and determine appropriate credit limits and payment terms based on risk analysis.
   • Monitor customers’ credit performance and adjust credit terms when necessary.
   • Develop and implement credit policies to reduce financial risk.
   • Collaborate with sales and finance teams to strike a balance between business growth and risk control.
2. Accounts Receivable & Collection Management
   • Track and manage outstanding receivables to ensure timely payments.
   • Follow up with sales team on overdue invoices via emails and written notices.
   • Negotiate and establish payment plans for customers experiencing financial difficulties.
   • Investigate and resolve billing disputes or discrepancies with internal teams.
   • Maintain accurate records of all collection activities, including customer interactions and payment commitments.
3. Reporting & Compliance
   • Prepare aging reports and provide insights on outstanding receivables and credit risk exposure.
   • Ensure compliance with company credit policies and legal regulations regarding debt collection.
   • Provide recommendations for bad debt write-offs when necessary.
   • Generate reports on collection efficiency, credit risk trends, and bad debt ratios.

SKILLS & ABILITIES

1. Technical & Analytical Skills
   • Financial Analysis – Ability to analyze financial statements, credit reports, and payment trends to assess creditworthiness.
   • Credit Risk Assessment – Understanding of credit scoring, risk management, and setting credit limits.
   • Data Analysis & Reporting – Ability to generate and interpret aging reports, DSO (Days Sales Outstanding), and bad debt ratios to monitor collections performance.
   • Knowledge of Financial Regulations – Understanding of credit laws, collection policies, and industry regulations.
2. Communication & Interpersonal Skills
   • Strong Verbal & Written Communication – Professional and clear communication when discussing credit terms, overdue invoices, and resolving disputes.
   • Customer Relationship Management – Maintaining a balance between enforcing credit policies and preserving good customer relationships.
   • Dispute Resolution – Ability to identify and resolve billing discrepancies or payment disputes efficiently.
   • Critical Thinking – Making informed decisions about credit approvals, risk levels, and collection strategies based on data analysis.

REQUIREMENTS

1. Educational Qualifications
   • Bachelor's Degree in accounting, finance, business administration or economics.
   • Master's Degree in accounting, finance or business administration as an additional advantage.
2. Professional Experience
   • 5-7 years of experience in credit analysis, accounts receivable, or collections.
   • Experience in a leasing company or financial institution is preferred.
3. Technical Skills
   • Experience with accounting software such as SAP, Oracle, or similar systems.
   • Proficiency in Microsoft Excel and financial modelling tools.
4. Key Skills and Abilities
   • Excellent written and verbal in English communication.
   • Experience in supervising and developing a team.
   • Strong skills in preparing and analysing financial statements and credit to customer.
   • Understanding of relevant laws and regulations and experience in ensuring compliance.
   • Ability to manage multiple tasks and meet deadlines efficiently.
   • Strong organizational abilities to maintain accurate and up-to-date records.