Group Credit Analyst

Innospec Inc; Ellesmere Port; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A global specialty chemicals company is seeking a Group Credit Analyst to manage customer credit assessments and ensure compliance with credit policies at their Ellesmere Port site. Responsibilities include assessing both customer and country risks, maintaining customer profiles, and reviewing legal contracts. The ideal candidate will have extensive experience in commercial credit risk assessment and SAP knowledge, with attractive benefits including hybrid working, a competitive salary, and study support.

Benefits

Competitive salary

Hybrid working

Bonus opportunity

25 holidays plus bank holidays

Pension contributions

Death in service benefit

Healthcare options

Study support for part-qualified candidates

Qualifications

• 2+ years of experience in commercial/financial credit risk assessment.
• Proficiency in SAP is essential.
• General education with English & Maths GCSE grade C or above.

Responsibilities

• Assess customer and country risk in line with Group Credit Policy.
• Create and amend customer accounts to ensure compliance with credit limits.
• Review legal contracts for payment terms and compliance risks.

Skills

Commercial/Financial Credit risk assessment

SAP knowledge

General education including English & Maths GCSE grade C or above

Job description

We have a vacancy for a Group Credit Analyst to join the Group Credit Control Department, based at our Ellesmere Port site, Cheshire.

Key roles and responsibilities

Assess both customer and country risk in line with the Group Credit Policy. Create and/or amend any new and existing customers for the business units customer accounts and ensure Group/Local credit limits are in place for all customers. Obtain approvals on credit files, use credit reference agency software, review risk and limits at regular intervals as defined by the Group Credit Policy.

Customer Data set up and maintenance

Ensure customer profiles, payment terms, names & addresses with ERP system bill to sites are set up and accurately maintained. Ensure that the credit limits are maintained in line with approved credit files and approval levels. Understand Legal and compliance holds, functionality and update Invoice due dates if valid within current ERP system.

Legal and Compliance/Audit

Review legal contracts for payment terms vs. Incoterms in line with Group Trade Terms; identify any potential compliance risks on both Country and Customers to GCM. Co-ordinate new customer set up self-audits within the Credit team.

Group Trade Terms

Ensure each customer is reviewed for Country risk and ensure these fall in line with min/max payment days and min/max payment methods approved. Validate information and discuss any country risk issues and/or provide relevant commercial justification for non-adherence to the GTT. Request required approvals in line with the Group Credit Policy.

Cash Collection

Provide support on collections around the Group when required. Customers will be chased in line with the agreed collections process. Ensure all payment promises and disputes are recorded within ERP system and ensure monthly collection targets are achieved.

Daily Tasks

Handle in-coming e-mails. Run and action Credit holds within the ERP system and any Ad Hoc tasks.

Monthly Tasks

Provide monthly credit limit, aged debt, and monthly overdue reports and send through to GCM for review.

Review released credit holds, customer master data changes & due dates amended to ensure SOX compliance. Highlight any compliance issues for any remediation necessary to GCM.

SAP knowledge: others as required.

Credit Team

Provide support and cover throughout the team as and when required.

Key requirements

• General education including English & Maths GCSE grade C or above
• Commercial/Financial Credit risk assessment 2 years plus
• SAP knowledge (Essential)

About Innospec

Innospec is a global specialty chemicals company focused on bringing innovative new technologies to market combined with a fast and responsive service. We serve a range of industries across the world, bringing our products to customers in markets from oilfields, fuels, refineries and power stations to personal care and performance chemicals.

Our global team of approximately 2,000 employees spans 22 countries, applying their extensive experience and market understanding to customers’ local needs. Integrating our global footprint with local service capability enables us to supply quality products that meet and anticipate changing market dynamics.

Benefits

The successful candidate will receive a competitive salary alongside the following benefits:

• Hours: 37.5 per week (normally 8.30 – 4.30)
• Core Hours: Work between 7am – 7pm (core between 10am and 3pm)
• Hybrid Working: one day per week working from home (after probation)
• Bonus: on target 4% (depending on personal and business performance this can move up to 30%)
• Holidays: 25 per year plus bank holidays. These increase to 28 in line with service
• Pension: on joining 5% / 5%, after probation period, this can move up to 10% / 15%(‘er)
• Death in Service: 6 x salary payable to beneficiaries
• Group Income Protection: after company sick pay runs out, this can be up to 50% of salary
• Healthcare: taxable benefit for employee, can add spouse/partner/children at own cost
• Study Support: Financial support for part-qualified candidates, including exam fees, study leave and materials