Pilmico is the integrated agribusiness and food subsidiary of the Aboitiz Group. Well-positioned at the beginning of the food value chain, we are fully committed to becoming a total solutions provider consistently and continually delivering operational and business excellence.
Pilmico is comprised of four divisions: Flour, Feeds, Farms, and Commodity Solutions; enabling growth to its partners through its consistent quality products and unparalleled supporting services.
Armed with our mission of feeding humanity, we aim to take a leadership position in innovating the food value chain in the Asia Pacific.
Job Description The Credit & Cost Controller, Agribusiness Business Unit oversee the credit management and costing model of the Agribusiness Business Unit.
This role is responsible for the credit assessments and decisions by reviewing the credit terms and conditions. He/she will partner with the Country Business Leaders to minimize credit risk, ensure timely receipt from customers and improve profitability within the business unit. The incumbent is expected to review the credit process in the respective countries to ensure compliance with the Credit and Collection Policy. He/she will also continuously update the policy to reflect the latest requirement of the business environment.
The role will ensure that the Costing Model of the mills are reviewed periodically and standard cost are updated. He/she will develop the standard costing model for adaptation in the mills.
1. Review accounts receivable aging reports and identify potential debts that may become difficult to collect.
2. Review debtor collection to ensure budgeted days of sales outstanding (DSO) is achieved.
3. Review watch list which will include new customers and those trading partners whose T&C's have recently changed to control and minimize risk ensuring compliance with terms of trade
4. Prepare management report on Credit and Collection highlighting potential debtor problems and analysi the credit position of the customers
5. This role must have close liaison between the business leaders and sales/collection department to ensure credit issues are resolved smoothly; and ensuring the customer's credit limits fit in with the current risk portfolio.
6. Establish good credit management to ensure organization's healthy cash flow by managing the debtor accounts to ensure timely payment of outstanding invoices.
7. Conduct credit checks on new customers, resolving problems in relation to invoice payments, and review reconciling month-end accounts.
8. Responsible to track debt recovery and payment plans of overdue customers and set up credit terms and conditions;
9. Monitor and manage all accounts whose credit limits and credit periods have been amended to ensure compliance with credit terms and other criteria linked to the increases.
10. Review, report and manage justifications for credit periods and limits provided to customers at Mill and Country level.
11. Maintain accurate records of Days Sales Outstanding (DSO), analyze the effectiveness of the credit control system and implement changes to improve profitability and reduce bad debts.
12. Ensure compliance to corporate policy on credit management. This will include continuous updating the policy to reflect the latest business requirements.
13. Review the Standard Cost assumptions and create the Costing model.
14. Create/Review the costing manual periodically to ensure it meets the business environment.
*** Note: Scope of work will be revised depending on the business needs, other related duties as and when assigned by your reporting superior from time to time.
Qualifications Required: Diploma/Degree in Finance/Accounting or equivalent. 3-5 years of FP&A/Accounting experience Prior experience in credit or cost controller role in countries such as Philippines, China, Malaysia, Indonesia, Thailand and Vietnam will be preferred. Highly organized with the ability to effectively manage multiple tasks and changing priorities in a very fast-paced, challenging environment. Attention to detail and accuracy is a must. Outstanding written and oral communication skills. Self-starter capable of working independently, as well as working effectively as part of a team Advantageous to have SOX and ERP implementation experience #J-18808-Ljbffr
