Philips Credit Analyst in Nashville, Tennessee
We are hiring! Are you a finance professional seeking to elevate your experience to the next level? Do you thrive on putting your analytical skills to use in order to maximize sales and profitability while mitigating losses? If so, Philips is looking for a Credit Analyst to join our team!
In this role, you have the opportunity to…
Be the first to help start up our brand new location in Nashville. You will manage the credit risk within a diversified portfolio of accounts related to sales on credit to customers. This role is performed within the North American shared services team in close cooperation with the Healthcare business in order to optimize the credit risk profile in the portfolio and in collaboration with collections, to maximize sales to customers and minimize write-offs.
You are responsible for (but not limited to)
Evaluating customers’ credit-worthiness, and setting policy of the decisions and judgement regarding credit offers for the customers
Utilizing a credit check system on orders by reviewing contracts and performing timely analysis of new and existing customers’ financial status in order to provide accurate interpretation of the credit risk
Assigning credit limits and risk categories according to a defined approval matrix and SAP FSCM including assessment of potential doubtful or bankrupt customers in cooperation with the businesses we support
Preparing documentation for filing of instruments used in securing credit decision including, but not limited to, credit insurance, letters of credit, and maintaining guarantees to mitigate credit risk and support sales
Facilitating releasing of blocked sales orders based on defined approval matrix with each business
Daily interaction with internal and external stakeholders, including collection staff, sales representatives, and financial leaders within Philips
You are a part of a team
Governor Bill Haslam recently announced that Philips will be bringing about 800 new jobs to Tennessee at https://www.usnews.com/news/best-states/tennessee/articles/2017-08-24/philips-to-build-health-technology-center-in-tennessee . Philips is a global leader in health technology that makes life better for people, like you, through meaningful innovation. This position will be a part of our Global Business Services group responsible for leading operational execution, reducing complexity and increasing efficiencies as the in-house team that continuously improves performance to better support our customers. We are looking to build a new team in Nashville of passionate, inspirational, collaborative and diverse professionals that is powering excellence around the world for Philips to achieve our mission to improve the lives of 3 billion people a year by 2025. That’s where you come in.
To succeed in this role, you should have the following skills and experience
Bachelor’s degree in Finance, Accounting, Business Administration, or other related field
2-3 years of relevant professional experience
Proficiency with Excel and SAP, or similar software
Willingness to work extended hours during critical periods (month-end, quarter-end, year-end)
Experience working in a fast-paced environment
In return, we offer you
We offer you a dynamic working environment in an innovative business, which offers you excellent opportunities to further develop and fully explore your talents. This job comes with a competitive salary, excellent benefits and up-to-date training. This is the chance to be part of a new group that is powering excellence at Philips.
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum at http://www.philips.com/b-dam/corporate/corporateblog/2016/PhilipsChronicDisease_5.jpg . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video .
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page at http://www.philips.com/a-w/careers/healthtech/working-at-philips/working-at-philips.html on our career website, where you can read stories from our employee blog at http://www.usa.philips.com/a-w/our-people/life-at-philips.html . Once there, you can also learn about our recruitment process at http://www.philips.com/a-w/careers/healthtech.html , or find answers to some of the frequently asked questions at http://www.philips.com/a-w/careers/healthtech/faq.html .
Philips is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.