Senior Credit Analyst

Are you looking for a unique opportunity to be a part of something great? Want to join a 20,000-member team that works on the technology that powers the world around us? Looking for an atmosphere of trust, empowerment, respect, diversity, and communication? How about an opportunity to own a piece of a multi-billion dollar (with a B) global organization? We offer all that and more at Microchip Technology, Inc.

People come to work at Microchip because we help design the technology that runs the world. They stay because our culture supports their growth and stability. They are challenged and driven by an incredible array of products and solutions with unlimited career potential. Microchip's nationally-recognized Leadership Passage Programs support career growth where we proudly enroll over a thousand people annually. We take pride in our commitment to employee development, values-based decision making, and strong sense of community, driven by our Vision, Mission, and 11 Guiding Values ; we affectionately refer to it as the Aggregate System and it's won us countless awards for diversity and workplace excellence.

Our company is built by dedicated team players who love to challenge the status quo; we did not achieve record revenue and over 30 years of quarterly profitability without a great team dedicated to empowering innovation. People like you.

Visit our careers page to see what exciting opportunities and company perks await

Job Description:

Evaluation of Credit risk for Accounts Receivable ledger for European OEM & Distributors, for new & existing customer database. Purpose, to minimize risk while maximizing revenue opportunities. Senior interaction with Accounts Receivable account owners, offering guidance support on customer order release management.

On this position, you will:

Daily Credit / Risk analysis for all new & existing OEM & Distributor customers to minimize risk exposure.

Maintain the OEM database with ongoing updated credit reviews versus AR exposure & weekly monitoring.

Maintain Customer Credit files with appropriate back up & authorizations.

Order release management for OEM & Distributor customers based on credit limit / customer account status.

Some high level prioritized & proactive collection activity associated with top tier Distribution accounts.

Complete the month end close schedule per UK timetable, to include batch closures, Revaluation & AR Reconciliations to Trial Balance & Control Accounts

On a rotating basis, complete the month end reporting & analysis schedule. High level of detail on AR revenue, AR trend analysis, Distributor analysis, Cash Receipts analysis & team KPI analysis,

Provide Corporate with a quarterly Cash Receipts Forecast for European revenue.

Engage with & provide Auditors with all information as requested on European Credit & Collections related requests for interim & annual audits.

Requirements/Qualifications:

Minimum five years' experience in working in a Credit & Collection environment. Experience in multi-national environment an advantage. Credit Analysis or relevant Finance qualification distinct advantage. Good communication skills & I.T. skills knowledge, particularly Excel, Word and Outlook. Knowledge of BAAN or a similar accounting reporting package would be an advantage, but training will be provided.

Specific requirements:

Confident understanding & effective interpretation of financial statements is essential to establish new & revise existing OEM & Distributor customer credit limits. $125K credit limit approval threshold with recommendations on requested limits in excess of $1m +

Ability to work unsupervised to proactively complete daily tasks

Awareness of appropriate sense of urgency & ability to work at a fast pace

Methodical approach to prioritize & organized workload to keep within deadlines, with a strong attention to detail

Confidence in credit limit decisions, up to $k authorized threshold & recommendations up to $1m +

Reacts positively to change and improvements.

Continuously look for ways of improving processes within the role & department

Interaction as a team player & contributor to the department

Mindful of developing & managing internal & external relationships

Travel Time:

Are you looking for a unique opportunity to be a part of something great? Want to join a 20,000-member team that works on the technology that powers the world around us? Looking for an atmosphere of trust, empowerment, respect, diversity, and communication? How about an opportunity to own a piece of a multi-billion dollar (with a B) global organization? We offer all that and more at Microchip Technology, Inc.

People come to work at Microchip because we help design the technology that runs the world. They stay because our culture supports their growth and stability. They are challenged and driven by an incredible array of products and solutions with unlimited career potential. Microchip's nationally-recognized Leadership Passage Programs support career growth where we proudly enroll over a thousand people annually. We take pride in our commitment to employee development, values-based decision making, and strong sense of community, driven by our Vision, Mission, and 11 Guiding Values ; we affectionately refer to it as the Aggregate System and it's won us countless awards for diversity and workplace excellence.

Our company is built by dedicated team players who love to challenge the status quo; we did not achieve record revenue and over 30 years of quarterly profitability without a great team dedicated to empowering innovation. People like you.

Visit our careers page to see what exciting opportunities and company perks await

Job Description:

Evaluation of Credit risk for Accounts Receivable ledger for European OEM & Distributors, for new & existing customer database. Purpose, to minimize risk while maximizing revenue opportunities. Senior interaction with Accounts Receivable account owners, offering guidance support on customer order release management.

On this position, you will:

• Daily Credit / Risk analysis for all new & existing OEM & Distributor customers to minimize risk exposure.
• Maintain the OEM database with ongoing updated credit reviews versus AR exposure & weekly monitoring.
• Maintain Customer Credit files with appropriate back up & authorizations.
• Order release management for OEM & Distributor customers based on credit limit / customer account status.
• Some high level prioritized & proactive collection activity associated with top tier Distribution accounts.
• Complete the month end close schedule per UK timetable, to include batch closures, Revaluation & AR Reconciliations to Trial Balance & Control Accounts
• On a rotating basis, complete the month end reporting & analysis schedule. High level of detail on AR revenue, AR trend analysis, Distributor analysis, Cash Receipts analysis & team KPI analysis,
• Provide Corporate with a quarterly Cash Receipts Forecast for European revenue.
• Engage with & provide Auditors with all information as requested on European Credit & Collections related requests for interim & annual audits.

Requirements/Qualifications:

Minimum five years' experience in working in a Credit & Collection environment. Experience in multi-national environment an advantage. Credit Analysis or relevant Finance qualification distinct advantage. Good communication skills & I.T. skills knowledge, particularly Excel, Word and Outlook. Knowledge of BAAN or a similar accounting reporting package would be an advantage, but training will be provided.

Specific requirements:

Confident understanding & effective interpretation of financial statements is essential to establish new & revise existing OEM & Distributor customer credit limits. $125K credit limit approval threshold with recommendations on requested limits in excess of $1m +

Competencies:

• Ability to work unsupervised to proactively complete daily tasks
• Awareness of appropriate sense of urgency & ability to work at a fast pace
• Methodical approach to prioritize & organized workload to keep within deadlines, with a strong attention to detail
• Confidence in credit limit decisions, up to $k authorized threshold & recommendations up to $1m +
• Excellent communication skills, listening, written & verbal
• Reacts positively to change and improvements.
• Continuously look for ways of improving processes within the role & department
• Interaction as a team player & contributor to the department
• Mindful of developing & managing internal & external relationships

Travel Time:

At Microchip, employees are our greatest strength. As one of the top performing semiconductor companies in the world, we are led by a set of guiding values and a mission to become the very best embedded control solutions company ever. We work tirelessly to create a company culture that highlights how important every employee is to our mission.