Solvay is all about chemistry. We’re not just referring to chemical reactions here, but also to the magic that occurs when the brightest minds get to work together. This is where our true strength lies. In you. In your future colleagues and in all your differences. And of course, in your ideas to improve lives while preserving our planet’s beauty for the generations to come.
About the role
Our Credit Risk Management team, composed of 8 people, is integrated in the Credit Management department and focuses on assessing credit risk, implementing risk mitigation strategies, and ensuring compliance with credit policies in collaboration with Sales, Finance, and Operations teams.
As a Credit Analyst, you will work on credit assessments, risk modeling, and credit reporting to support the overall strategic objectives of the organization. You will get the opportunity to contribute to the enhancement of credit risk frameworks and have a positive impact on the overall financial health and operational efficiency of the organization..
You will be accountable for:
Evaluate the customer credit risk. Establish the financial analysis of clients, determine credit limits, and manage modes of payment methods
Highlight customer credit issues (DSO and risk allocation) to the sales teams, keep track of the overdue, and communicate about the impact of the customer cash flow.
Orders management - To review blocked sales orders and to determine the next course of action
Management of Solvay cash and work with the Collection Team to ensure that the pre-chasing, dunning, and other collection activities are carried out
Work with the legal department on litigation matters and actions to be taken for bad debts
Determine the provisions and losses on the portfolio by Solvay’s credit policy
We offer a permanent contract based on hybrid working mode.
About you
Relevant education degree or equivalent in Bachelor's Degree or higher in Accounting, Finance, or a related field.
Possess more than 3 years of experience in credit management.
Relevant work experience in evaluating credit data and financial statements of customers.
International exposure in an MNC preferred
Competencies:
Good command of verbal and written skills in English and Thai (and Chinese language skills as an advantage)
Credit risk analysis skills
SAP knowledge
Open-minded with good interpersonal skills
Customer-oriented with a good level of problem-solving skills
Behaviors:
Ability to engage effectively with all levels of the organization
Self-motivated, highly organized, and persistent
Strong level of initiative, well-organized, and ability to work under pressure
About the pay and benefits
Attractive and equitable pay for all: compensation is determined within a range to foster your development in the role. Your compensation may ultimately vary based on your skills and experience. While the primary country annual base pay reasonably expected for this role is 751,680 to 939,600, your salary may ultimately be higher or lower based on your skills and experience. Additionally, we provide a competitive total rewards package that includes a bonus and/or other incentives.
Solvay Cares program: minimum of 16 weeks of parenting leave for all employees and package with healthcare, disability and life insurance coverage.
Prioritization of well-being: work-life balance promotion, flexible approach to work part-time or hybrid work arrangements (depending on the type of job), employee assistance program with access to physical and psychological support.
Professional development: prioritization of internal talents for career progression, access to a training platform, opportunities to join Employee Resource Groups (ERG) for experience sharing and mentorship and free language courses in 24 languages.
About us
Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of over 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world’s most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. As a world-leading company with €4.9 billion in net sales in 2023 and listings on Euronext Brussels and Paris (SOLB), its unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. At Solvay, we seek to promote unity and not uniformity. We value the diversity that individuals bring and we invite you to consider a future with us, regardless of background, age, gender, national origin, ethnicity, religion, sexual orientation, ability or identity. We encourage individuals who may require any assistance or accommodations to let us know to ensure a seamless application experience. We are here to support you throughout the application journey and want to ensure all candidates are treated equally. If you are unsure whether you meet all the criteria or qualifications listed in the job description, we still encourage you to apply.
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