Senior Credit Manager

**Lieu**:Courbevoie, FR, 92400**Fonction**:Finance**Type d'emploi**:Temps plein**Expérience requise**:Expérimenté - plus de 5 ans**N° de l'offre**:72138Senior Credit Manager
- About Nexans- Nexans is a global player in energy transition. Our purpose: ELECTRIFY THE FUTURE. For over a century, Nexans has played a crucial role in the electrification of the planet. With around 25,000 people in 42 countries, the Group is leading the charge to the new world of electrification: safer, sustainable, renewable, decarbonized and accessible to everyone. In 2021, Nexans generated 6.1 billion euros in standard sales.-
**Position**:
**Senior Credit Manager**

**Organization**
- Direct report to Finance Director Holdings and SSCs France
- Interface between Sales, Financial Department and Controlling team in BG/BU organisation in France
- In charge of French entities : Nexans France, Nexans Aerospace France, Nexans Telecom Systems, Nexans Industrial solutions France, Nexans Interface, Nexans Power Accessories France
- Turnover of 2,1billion euros
- Management of a team of 9 people
- Primo-Inter-pares interface from Credit managers to Corpororate insurance Director (CM program) and broker: France is the reference within the Group in term of Credit Management Guidelines

**Responsabilities**
- Timely information procurement about business prospect based on credit reporting agency
- Evaluate received informations and request internal agreement, if necessary (internal agreement French policie)
- Report monthly-, quarterly-, year-end: A/R, overdue A/R, reserves A/R, DSO, amounts over insurance credit limit, payments in advance, bank guarantees and intercompany flows ( quarterly)
- Manage cash-in actuals and forecast for the next 3 months
- Supervise booking of the accounts receivable, propose reserves upon analysis
- Define target reporting model and ensures relevant IT developments
- To realize other measurements and reporting tools as deemed necessary
- To be a keyuser within Getpaid tool, handle deployments

**Risk monitoring**
- Permanently review and maintain of granted insurer credit limit to potential and existing customers
- Continually measure and evaluate existing customer payment performance to validate appropriate credit lines and payment terms - critical appraisal and support of payment terms and credit limits
- Inform Business Groups /Units managers of the amendments of credit limit receided by the insurer
- Manage internals agreements by Business Groups/Units

**Risk minimizing**
- Minimizing undercoverage of receivables (gap analysis)
- Delete needless credit limits - mind the credit portfolio
- Report unpaid receivables to the insurer in due time to invoke the indemnification
- Advises financial management on major customer exposures and risks and recommends and implements action plan, while maintaining customer relationships and highest practical sales volumes
- Permanently efficient cash collection (see next point)

**Cash collection**
- To handle dunning process and collections - if necessary block the account in well-founded cases
- Send several times in the month overdue items to Sales Departments (FOBO)/ customer for clearing oustanding items
- Analysis unallocated cash without clear assignment, and unclaimed customer credits as per local legal conditions.
- Send to the treasury department a cash-plan according to the calendar in order to improve the financial position (cash flow) at group level
- Close cooperation with legal department in causa contract design/ collection

**Efficient routines/ processes**
- To Establish and continually evaluate effectiveness of current credit and collection policies and procedures and ensuring they are aligned with corporate directives, business strategies and current local, legal_
- To establish and maintain accurate and up to date customer data/ accounts
- Hire and train credit department staff on Nexans systems, policies and procedures
- Managing factoring program for A/R portfolios
- Initiate field visits with internal and external customers and critical credit associations to foster good relations
- Coordinates with the BG CFO / BU CFO on all credit issues
- Coordinates as necessary with insurer/ internal/ external auditors
- Coordinates with insurer - Liaise/negotiate with the insurer for A/R an optimal Credit Insurance coverage
- Consistency of methods & tools and timeliness of reporting information
- In charge of the quarterly intercompany flows reconciliation (sales to cash)
- Supervise the team to have accurate and clean accounts receivable and assist in quarterly, half year and yearly closing

**Comply with the Credit Management Policy**
- Applies Nexans’ policies and procedures relating to credit management and the “order-to-cash” process; follows established processes and protocols
- Continually evaluates the effectiveness of current credit procedures and control activities /ensures they are aligned with corporate procedures, legal directives, ins