Credit Management Specialist

Purpose & Overall Relevance For The Organization

The Credit Management Specialist role is key and highly trusted within the adidas organization. This position ensures the implementation of internal controls and safeguards business processes in a risk-free environment, specifically focusing on receivables management, cash collection, and trade investment.

Key Responsibilities

Credit & Risk Management

• Manage credit block and release processes within SAP.
• Implement and monitor credit limits in accordance with the authorization matrix and global credit policy.
• Validate customers based on global policy and ensure accurate creation in SAP.
• Review and post financial credit notes.
• Ensure strict adherence to credit terms and credit facilities.
• Perform monthly reviews of accounts receivable allowance, ensuring compliance with GFM policy.
• Prepare monthly bad debt provisions and manage legal follow-up for bad debt cases.

Accounts Receivable Management

• Reconcile AR balances with customers.
• Clear posted payments against invoices in SAP.
• Follow up closely with customers on due dates and send recurrent payment reminders to delinquent accounts.
• Prepare customer statements of account and end-of-season return provisions.

Cross-Functional Collaboration

• Align with the sales team on disputed payments and provide financial recommendations in line with global policies.
• Collaborate with customer service to ensure business continuity and follow up on export documentation.
• Coordinate with the legal department on overdue and escalated accounts.
• Follow up with sales on contracts and trade term signatures.
• Support internal and external auditors during financial and operational audits.
• Manage customer master data in SAP, ensuring timely upload and monitoring of trade terms.

Personnel

• Strong team player with excellent collaboration skills.
• Broad perspective with the ability to understand end-to-end business processes.
• Proactive mindset with the ability to initiate and drive process improvements.
• High level of service orientation and strong interpersonal skills.
• Strong organizational skills and ability to meet deadlines.
• Analytical thinking and forecasting capabilities.
• Solution-oriented with a proactive approach to challenges.
• Analytical & Forecasting skills.
• Respect the deadline.

Key Relationships

Customers, Finance, Sales, Customer Service, Banks & Auditors.

Requisite Education And Experience / Minimum Qualifications

• A university degree in Business, Finance, Accounting, or Audit is preferred and considered an advantage.
• Functional Experience: > 3 - 4 years’ experience.
• Industry Experience: Ideally apparel/fashion/shoes or FMCG.

IT Skills

• Outlook: Good
• Excel: Advanced
• PowerPoint: Good
• SAP: Advanced

Language Skills

• English: Strong verbal and written communication skills.

Key skills/competency

• Credit Control
• Accounts Receivable
• SAP ERP
• Financial Reporting
• Risk Management
• Cash Collection
• Trade Investment
• Credit Policy Adherence
• Legal Follow-up
• Financial Analysis