General Information

Req #
WD00003358
Career area:
Accounting/Finance
Country:
Australia
State:
New South Wales
City:
Chatswood
Date:
Saturday, June 19, 2021
Working time:
Full-time

Why Work at Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$60 billion revenue Fortune Global 500 company serving customers in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that power (through devices and infrastructure) and empower (through solutions, services and software) millions of customers every day and together create a more inclusive, trustworthy and sustainable digital society for everyone, everywhere. To find out more visit https://www.lenovo.com,and read about the latest news via our StoryHub.

Description and Requirements

This is an experienced Credit Manager that understands the assessment of credit risk in a Leasing or other subscription-based ‘As a Service’ business. The person has an eye for detail and a desire to support the business and the sales process in advice and assessment on the credit risk of customers in the context of Lenovo’s credit risk framework.

The LGFS Credit Manager’s primary responsibilities are:
- Overall credit risk and bad debt control for the LGFS business.
- Conduct a thorough creditworthiness assessment on credit customers, especially future cash flow and default risk.
- Make credit decisions and credit solution recommendations including credit limit amount, credit rating, payment term, risk mitigation methods etc.
- In charge of collateral management and credit insurance management to minimize risk exposure.
- Regular review on the credit facility, risk exposure and keep optimizing risk portfolio.
- Build relationships with corresponding internal teams globally, involve in early-stage business discussion and obtain information related to customers, projects, and risk points.
- Communication and negotiation with external partners like insurers and credit agencies as required
- Provide to LGFS management regular insight on macro economies, sovereign risks, industry trends, deliver risk alerts where necessary.
- Assist in Lenovo's credit policies and methodology improvement.
-Work on bad debt control and recovery, keep bad debt % < 0.05% of gross billing.
- Maintain insurance and collateral coverage, keep unsecured AR % < 5% of total AR.
- Prompt response to daily credit blocked orders and make credit decisions within 48 hours for 95% of the credit applications after submission.
- Monthly credit planning to prepare sufficient credit facility as well as alert business team on credit limit gap.
- Monthly review with CFO on credit issues and risky accounts.
- Due diligence in credit risk evaluation on all cases.


Key Performance Indicators / Success Metric
- Detail-oriented with a solid knowledge of financial analysis.
- Strong ability in communication and handling pressure in negotiation.
- Proficiency in MS Office and SAP.
- Self-motivated and teamwork spirit.

Key Functional Skills:

Education/ Qualification:
• Master's degree in Finance and Accounting related area.

Work Experience:
Over 5 years credit risk management working experience, preferably in the leasing industry
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any federal, state, or local protected class.