From the deep sea to the desert, from rigs to fuel retail sites and research centers, bp delivers light, heat, and mobility solutions for a changing world. In our Global Business Services offices in Budapest we provide services to move our business forward. As we are continuously growing we look for experienced professionals to contribute to our success.
Join our Customer function team as a
Credit & Collection Analyst
Customer teams are taking care of sales support processes, account management, order taking, invoicing, cash collection, the credit assessment, pricing, service request management, and supply chain management activities.
If you join our team You will be responsible for:
Credit
Perform credit assessments of the customers based on the Credit Policy and Delegation of Authority by:
analyze the financial performance of the customer
make the right and timely conclusion and decision (risk rating, credit limit)
define the overall need and type of collaterals for individual customers and lead right handling for these collaterals
prepare high quality assessments above the own Delegation of Authority for further approval
take decision to block / unblock customers from delivery
continuous monitoring of customers via alerts, credit limit utilization and overdue invoices
be able to identify key, strategic or high-risk business customers and issues and take actions together with the relevant partners
investigate and analyze portfolio trends, assess root causes and make suggestions on risk mitigations and improvements
Collection
Create the aging report from SAP by using Excel and Power BI on a regular basis
Coordinate and support our collection processes by collaborating with the customers, sales, accounting teams and other partners
Represent team interests and goals both externally and internally, negotiate and define actions in case of late payers to avoid bad debt cases
Minimize overdue invoices daily but with special focus on month-end results
Supervise incoming payments and advise accounting team if reconciliation is needed
Analyze late payment patterns retroactively to improve our process
Support the management to understand overdue status by preparing high quality materials
Identify and submit doubtful invoices
Be aligned with the credit policy, standard operating procedures and other requirements
In the Credit & Collection Analyst role we have the following requirements:
Fluent English is a must, Intermediate French knowledge, other European language (Spanish, Portuguese, German, Dutch, Polish) knowledge is an advantage
At least 2 years of experience in an international Accounts Receivable, Collection or Credit department
User-level SAP knowledge is an advantage
Ability to deal with complex situations while maintaining the right balance of customer and business focus
Ability to contribute to cash targets and lead our people and processes involved in Collection
Proactivity, great communication and interpersonal skills
University Degree or equivalent experience in Economics is preferred
At bp, we provide the following environment & benefits to you:
Different bonus opportunities based on performance, wide range of cafeteria elements
Life & health insurance, medical care package
Flexible working schedule: home office up to 3 days / week, based on team agreement
Opportunity to build up long term career path and develop your skills with wide range of learning options
Family friendly workplace e.g.: Extended parental leave, Mother-baby room
Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
Possibility to join our social communities and networks
Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment
Assets like phone for private usage and company laptop are provided from the first day of employment with other equipment if requested
bp Hungary won the Most attractive employer 2021 Award, based on the PwC annual research. Come and join us!
Travel Requirement
No travel is expected with this role
Relocation Assistance:
Relocation may be negotiable for this role
Remote Type:
This position is a hybrid of office/remote working
Skills:
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please to request accommodations.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.