About this role
Collection and Credit Management Associate POSITION SNAPSHOT Company: Nestlé Business Solutions Location: Cairo, Egypt Department: Order to Cash Position Summary Joining Nestlé means you are joining the largest food and Beverage Company in the world. At our very core, we are a human environment – passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. Responsible for managing end ‑ to ‑ end credit and collections activities, including customer credit reviews, setting credit limits and terms, monitoring AR aging and DSO, performing reconciliations, driving collection strategies, resolving discrepancies, and collaborating cross ‑ functionally to improve cash flow and achieve receivable targets. A Day in the Life - Drive and monitor credit reviews for new and existing customers, determining credit limits and assigning risk categories. - Review parameters and relative weights affecting the calculation of credit limits and risk categories, including credit filters/checks and tolerances for customers. - Define and monitor the consistent application of credit terms across the business, including payment terms, credit risks, and limits. - Ensure timely cash reconciliation with high-quality standards, including cash application, explaining discrepancies, and reporting activities. - Calculate and track Days Sales Outstanding (DSO) - Report and track Accounts Receivable (AR) aging. - Send reminders regarding outstanding debts to all customers. - Perform customer account reconciliations. - Conducting collection analytics and providing support for credit management. - Executing an efficient collection strategy based on market credit policy. - Collating and sending customer required supporting documentation for collection. - Analyzing customers’ accounts and monitoring account details for non-payments. - Conducting outbound collection activities and issuing dunning letters to customers. AM I a GOOD FIT? - Bachelor's degree in accounting or finance - Full proficiency in English - 0-1 year of relevant experience - Strong communication skills - Exceptional attention to detail and accuracy with numbers - Advanced Excel Skills - Time Management