Head of OTC & Treasurer

About this Position Head of Order-to-Cash Treasurer at Finance Team. What you´ll do Operates day-to-day credit management activities and ensures proactive risk-avoidance Decides on release of orders and credit limits accord. to decision matrix; ensures and safeguards Global Credit Policy and reg. amendments Manages third-party collection agencies and legal affairs relating to debtors Conducts risk assessments for all Legal Contract Management (LCM) customers and updates approval sheets Monitors credit risks, analysis, mitigates risks, while enabling sales and avoiding bad debts Authorizes non-standard payment terms for risky customers in coordination with sales managers Reports payment terms development and performance Supports business on commercial agreements, ensuring internal and external networking Conducts regular reporting; tracks, analyzes and optimizes account receivables and collection activities Performs customer visits Drives end-to-end process optimization and implementation of best practices in country / cluster Measures SSC-cooperation and performance as defined in regional service level agreements Acts as escalation level for BU's and SSC in all OTC-sub processes. In addition, as part of the role - responsible for Treasury as well. Head of OTC: • Managing a team of accountants in the customer accounting department. • Monitoring various customer charges. • Recording customer invoices/charges. • Performing customer account reconciliations. • Customer aging analysis. • Monitoring customer collections. • Monitoring customer balances, handling bad debts, and managing payment arrangements. Treasurer: • Oversight of income and expenses. • Maintaining bank account balances and planning future cash flow. • Working with banks, suppliers, and customers. • Reviewing cash flow. • Reviewing bank account balances. • Monitoring expected payments and planned revenues. • Approving payments. • Signing payment instructions to suppliers. • Bank reconciliations. • Handling fund transfers.