What are the responsibilities and job description for the Credit Coordinator position at OTB Group?
About OTB Group
OTB is an international fashion group comprising the iconic, unconventional brands Diesel, Jil Sander, Maison Margiela, Marni and Viktor&Rolf. It also controls the Staff International and Brave Kid companies and holds a stake in American brand Amiri. OTB - short for "Only The Brave" - believes in the possibility of pushing beyond the frontiers of fashion and style to support the creativity of international talents and express in full the innovative spirit and uncompromising courage of its founder and chairman, Renzo Rosso. With more than 6,000 employees worldwide, the Group is founded on a digital approach centred on the consumer, a concrete long-term commitment to the creation of a sustainable, technologically driven business, and close attention to social issues through the OTB Foundation.
Job Summary :
The main focus of this job role is the performance of activities directly related to supporting the Credit department in all credit procedures and policies; approve new accounts opening; evaluate the risk exposure and approve credit and gross order book limits & payment terms; monitor DSO; support the wholesale growth making terms recommendation to the Director of Credit of any bad debts analysis; Responsible for achieving annual and monthly targets and goals; ensure accurate cash posting; resolve customer discrepancies; work closely with the Sales, Warehouse and Customer Service department to solve issues related to collections; ensure chargeback resolutions; in regulatory compliance; and similar activities.
Job Description
Role and Responsibilities
Credit Risk
- Adhere to policies and procedures on the control and safeguarding of company assets.
- Improves DSO, to reduce costs and increase efficiencies
- Management over designated account portfolios
- Approves or declines requests for credit lines with approval of Credit Director
- Provide max order book recommendation by customer before each sales campaign
- Monitor and assess the risk level
- Corresponds with past due accounts to expedite payments.
- Monitors daily holds / reorder reports and releases orders if necessary
Chargeback
Sales Team Partnership
Fiscal Administration
Competencies
Qualifications and Education Requirements
Preferred Skills
Salary Range : $70-75k
Applicants must be legally authorized to work in the United States at the time of application and be able to provide proof of employment eligibility upon request. Employment is contingent upon the successful verification of this authorization in compliance with federal immigration laws.
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Location :
Salary : $70,000 - $75,000
