£60K/yr
London, England
Permanent, Variable

Credit Risk Manager-Global FMCG

Posted by Handle Recruitment.

Job Title: Credit Risk Manager
Location: UK (Hybrid)
Division: Finance & Treasury
Reports to: Treasury Manager

**About Us:

Join a global FMCG leader committed to operational excellence and the development of our people. As we continue to grow and innovate, we are looking for a forward-thinking Credit Risk Manager to manage the UK's accounts receivable portfolio, ensure cash flow optimisation, and safeguard our financial health. With a proactive and solutions-focused mindset, you will play a pivotal role in streamlining processes, enhancing the order-to-cash cycle, and partnering closely with key stakeholders to drive business success.

**Role Overview:

As the Credit Risk Manager, you will take full ownership of the UK accounts receivable function, leading a dynamic team of three professionals to maximise cash receipts and minimise bad debt. You will oversee the entire Order-to-Cash (OTC) process, continuously driving improvements to support business efficiency, and work closely with internal and external stakeholders to enhance credit risk management.
Your hands-on approach, combined with a philosophy of active business partnering and continuous development, will ensure that the accounts receivable function operates at the highest standards while fostering a culture of innovation and progression within the team.

**Key Responsibilities:

**Order-to-Cash Management:

  • Lead the design and implementation of an efficient, "right-first-time" OTC process, challenging existing work flows and standard operating procedures.
  • Drive process improvements and implement innovative solutions to enhance team efficiency and optimise cash flow.
  • Collaborate with the Operations teams to ensure seamless order processing, accuracy, and a total ownership mindset throughout the OTC cycle.
  • Engage with local and HQ stakeholders to recommend system improvements, innovations, and enhancements across Treasury & Finance.

**Credit Risk & Accounts Receivable Management:

  • Oversee the month-end reporting process, supporting the Treasury Manager and Financial Accounting team in ensuring accurate and timely reporting.
  • Maximise cash collection while minimising bad debt exposure within the customer portfolio.
  • Conduct regular assessments of credit risk exposure, providing actionable insights and recommendations to mitigate potential risks.
  • Work closely with Key Account teams and customers to improve efficiencies and challenge current practices within the OTC cycle.
  • Maintain an accurate and clean sales ledger, creating SOPs and standardised routines to achieve DSO and Net High Risk targets.
  • Oversee the internal rebate approval process to ensure timely invoice approvals and balance sheet accuracy.

**People Management & Development:

  • Take ownership of the performance management and development of your team, setting clear operational goals and managing regular performance appraisals.
  • Foster an environment of innovation and progression, defining bespoke objectives and development plans for team members.
  • Ensure the team remains appropriately resourced, engaged, and aligned with business goals and KPIs.
  • Promote a culture of learning and personal development, ensuring your team is prepared for both short-term challenges and long-term opportunities.

**Business Partnering & Stakeholder Engagement:

  • Establish strong relationships with key internal and external stakeholders, becoming a trusted business partner at all levels.
  • Collaborate closely with Financial Accounting, Sales Controlling, and Key Account teams to create transparency and visibility on financial planning cycles and statutory deadlines.
  • Leverage data and analytical insights to drive change, influence stakeholders, and communicate key messages effectively across the business.

**Qualifications:

  • Strong experience in accounts receivable or credit risk management, preferably in the FMCG or retail sector.
  • Proven track record of managing a high-volume receivables portfolio and leading teams in a dynamic, fast-paced environment.
  • Experience with SAP ERP systems and expertise in OTC process enhancements and optimizations.
  • Excellent analytical skills with the ability to work quickly and accurately under pressure.
  • Sound understanding of financial accounting, reporting, and key performance metrics such as DSO and Net High Risk.
  • Exceptional communication skills, both verbal and written, with the ability to convey complex financial information clearly and concisely.
  • Strong commercial acumen and a natural curiosity about business operations and development opportunities.
  • Proficiency in Microsoft Excel and other Microsoft tools.
  • Ability to balance competing priorities and deliver results within tight deadlines.
  • A passion for people management, team development, and fostering a collaborative work environment.

**Why Join Us?

  • Impact: Be part of a global FMCG leader where your contributions directly impact business success.
  • Growth: We invest in our people-offering continuous development opportunities and career progression.
  • Culture: A dynamic, fast-paced environment with a collaborative, results-driven culture that fosters innovation.
  • Benefits: Competitive salary, performance-based incentives, and comprehensive benefits package.

**Next Steps:

Apply today to join our team and contribute to the ongoing success of a world-renowned FMCG brand.

Handle actively welcomes applicants from under-represented backgrounds - we pride ourselves on attracting the best talent for every opportunity through a commitment to equality, diversity and inclusion.

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