SUMMARY OF THE ROLE
Manage and maintain all aspects of the credit control function whilst rendering business support to the Finance and Sales Departments, making recommendations of credit control policies and procedures, to ensure a healthy customer receivables portfolio and improve communication, workflow and process between the relevant departments.Responsibilities:
Manage and control the credits of Jotun customers by evaluating their creditworthiness and monitoring the credit status.
Manage and decrease company cost of credit by controlling the risk of credit, risk non-payment, the risk associated with late payments, and risks of opening new accounts.
Evaluate and prepare credit recommendations for prospective new customers with financial information based on input from the Business Development Manager.
Manage and monitor the process and data integrity of the AR systems and applications by extracting IFS reports to ensure the effectiveness and efficiency of the accounting process flow.
Maintain financial reports and monthly closing procedures related to the account receivable function and status of accounts using the IFS system to minimize the company’s Days Sales Outstanding (DSO) and control the Credit Risk.
Maintain customer receivables set and met collection targets on a monthly basis by monitoring or controlling payment behavior by controlling credit limits and terms to ensure a healthy customer receivables portfolio.
Evaluate and prepare credit recommendations for prospective new customers with financial information based on input from the Business Development Manager.
Arrange credit meetings with the sales department for evaluation/ review of customer status. Provide salesmen with current information about customers’ accounts and assist them in achieving their collection targets by planning their collections based on the customer's sales pattern.
Coordinate legal cases with lawyers or other authorities depending on the nature of the case. Collection of tax-related documents within the stipulated time frame in order to avoid tax liability during the assessment. Ensure appropriate reporting of risk exposure (AR losses). Support Management with adequate reports on credit and collection, payment problem accounts, and legal issues.
WHAT WE ARE LOOKING FOR AND WHAT WE OFFER
POSITION INFORMATION
Company:
Jotun (Philippines) Inc.
Contract Type:
Time Type:
Full timeCLOSING DATE (dd.mm.yyyy):
04.07.2025WHO WE ARE
Seeing a prominent market in South East Asia (SEAP), Jotun opened its first factory in Thailand in 1968. Rapid economic development in the region led to new companies and factories in countries such as Singapore, Malaysia, Indonesia, Vietnam, Philippines, Myanmar, Cambodia and Australia. Jotun SEAP has been awarded a Korn Ferry Engaged Performance Award for year 2019, in recognition of achieving a best-in-class level of “Enablement”. We are proud to have an incredibly diversified region with more than 2,000 employees that come from different nationality and background, working together in delivering profitable growth. Throughout our history, we have focused in providing our employees with meaningful and challenging work, rewarding them through continued learning and development, underpinned by our values of Loyalty, Care, Respect and Boldness.Jotun (Philippines) Incorporated started business operation in Manila, Philippines in 1987 and later, successfully, extended its sales and distribution office in Cebu, Mandaue as the business expanded to Visayas region. By 2004, with the growing needs in the market to provide better service to our business partners directly, Philippines Branch Office was set up under the umbrella of Jotun (Singapore). In January 2011, Jotun (Philippines) Incorporated became fully operational and establish itself as a separate entity wherein new factory in LISP III, Sto. Tomas, Batangas was inaugurated in year 2017. This is the biggest investment in the Philippines by a multinational coatings manufacturer. As a growing manufacturing company, our business thrusts are focused in strengthening our nationwide presence in performance coatings and in the continued development of our people.Visit our Career Page to know more about life at Jotun.
Jotun’s company culture welcomes and values differences in people. Our more than 10,200 employees on all continents represent 90 nationalities, four generations and diversity of professions, gender, abilities, ethnicities, beliefs, cultures etc. We are committed to represent the societies we operate in, promoting equality, equity and zero-tolerance for discrimination.
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