Vizrt is a leading player in innovative software-based solutions for live productions with 3D graphics, studio automation and sports analysis tools, and focuses on expanding its presence and strengthening its regional expertise by marketing, selling, delivering, and supporting Vizrt’s products. We work with most major media companies in the world, through 15 operating entities. Billions of people watch stories or video powered by Vizrt everyday including from media companies such as Al Arabiya, Al Jazeera, BBC, CNN, CBS, ESPN, FOX, NBC, NHL, NFL, NRK, Sky Group, The Supreme Court of the United Kingdom, New York Giants, Nickelodeon, CBS Radio, ESPN Radio, MTV, USA TODAY, U.S. Department of Homeland Security (DHS), NASA, PWC, and more than 80% of the U.S. Fortune 100. Vizrt is a global and multifaceted organization with over 650 employees from 60 different countries, established in over 16 offices around the world.
As Vizrt Group Credit Manager, you will play a critical role in credit risk management and cash collection. You will be very much hands on in all processes and develop, implement and quality assure new and existing routines. In this role you will work closely with the Region Finance Managers as well as Group accounting and FP&A. You will lead an international team and cover part of the operations yourself.
Credit risk management
· Put in place a Group Credit Management Policy and make sure it is respected in all regions
- Participate in the development, maintenance and documentation of the customer risk matrix and its methodology
- Drive the work with updating credit management procedures
- Update and monitor a credit tracker file by region/business and preparing a monthly credit management dashboard
- Carry out credit assessments during the initial negotiation phase and advise on credit risks
- Make sure hold list and credit limits are managed adequately and in line with Credit Management Policy
- Train the credit community, business developers and sales staff on the processes and different levels of customer credit risk
- Analyze the opportunity of putting in place a Credit Insurance and manage the relationship with Credit Insurance companies
- Contribute to ad hoc analysis of customer credit risk (evaluation of new projects, etc)
- Carry out ad hoc analyses of credit risk or methodology in connection with discussions with banks
- Manage automation projects (e.g. selection and implementation of a Credit Management Tool)
Monitoring and reducing overdues
- Support subsidiaries in setting up monitoring and control of overdues
- Prepare monthly dashboards with Aging Balance, DSO and action plans by Region/Subsidiary/Business.
- Take part directly in dunning actions on a daily basis, in coordination with regional finance teams, contacting end customers directly, either by e-mail or by phone
- Coordinate efforts from all internal stakeholders (Finance, Sales, Logistics, Customer Success), in order to optimize cash collection timeline
- Make sure overdues targets are reached and put in place the adequate action plan to do so
- Handle disputes and litigations, in coordination with Legal and Sales teams
- Contribute to cash forecasting by providing figures on forecasted client receivables amounts
Requirements
- Master’s degree in finance or equivalent
- 5-10 years minimum experience in the Credit Management space
- Fluent in English
- Experience in the software- or professional services industry will be an advantage
- Experience in a very international environment is needed (multi-cultural, used to working with different time zones, used to working in different currencies, etc.)
- Enjoys working in a high pace and demanding environment with high attention to details
- Excellent communication skills, and used to interacting with end customers by e-mail and over the phone and able to contribute to a great team spirit.
- Experience of IFRS is a plus
- Used to interacting with other teams internally (Sales, Customer Success, Logistics, etc.)
- Self-starter, who is willing and able to take initiative and get truly involved.
- Team player
- Organized and task focused
Benefits
- Opportunity to be a part of our strong internal Salesforce team, shaping the future of our offerings and driving innovation in the industry.
- Work in a collaborative and dynamic environment with a focus on innovation and continuous improvement, where your ideas are valued, and your contributions make a real difference.
- Stay at the forefront of technology and contribute to our organization's growth, with opportunities for professional development and advancement.
- Vizrt Group is a truly global company, providing the opportunity to collaborate with stakeholders around the world and make a global impact.
- Exciting position in an open and friendly environment that fosters mutual development and value creation, where you can thrive personally and professionally.
- Opportunity to grow and learn from knowledgeable colleagues through learning paths, with access to ongoing training and development opportunities.
- Emphasis on work-life balance and diversity in the workplace, ensuring a supportive and inclusive environment where everyone can thrive.
- Comprehensive rewards package, including flexible working hours, competitive remuneration, health care insurance, wellness allowance, and more, recognizing and rewarding your contributions.
Additional Information:
The Stockholm office is home to a diverse team of approximately 70 employees representing over 20 different nationalities. We have recently moved to a brand new office located in Lilla Bantorget, near Stockholm Central Station, providing a convenient and modern workspace for our team. At Vizrt Group, we believe that everyone has a unique story to tell. We'd love to hear yours.
Estimated Salary range:
Our salary intelligence, powered by our AI algorithms, has calculated an estimated range for this position between $70,000 - $90,000 . Please note that the actual salary for this position may vary, as it is dependent on various factors including but not limited to experience, location, and market dynamics.
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