Job Title

Job Description

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

In this role, you have the opportunity to make life better
Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.

You are responsible for

• Evaluating customers’ credit-worthiness, and

• Utilize credit checks system on orders by reviewing

• Assign credit limits and risk categories according to a defined approval matrix and SAP FSCM including assessment of potential doubtful/bankrupt

• Prepare documentation for filing of instruments used in securing credit decision including but not limited to: credit insurance, letters of credit, UCC’s, (maintain local relationship, maximize limit coverage and manage claims) and maintaining guarantees to mitigate credit risk and support sales.
• Facilitate releasing of blocked sales orders based on defined approval matrix with each business.

•Create and/or review credit reports •Responsible for compliance of ICS checks.

• Support and develop accounts receivable lean process improvements, and Master data quality.
• Prepare and Contribute content for credit risk committee meetings.
• Leverage credit risk mitigation tools.

You are a part of
A unique multicultural environment.

To succeed in this role, you’ll need a customer-first attitude and the following •

• Financial statement analysis
• Enable to read and interpret a financial statement
• Strong Excel Skills
• Adaptability / Flexibility (managing various businesses)
• In depth knowledge of Financial Statements
• Risk analysis
• Presentation / Communication skills
• Persuading / Influencing
• Understanding credit instruments (security)
• Interpersonal Skills
• Business Acumen

In return, we offer you
An opportunity to challenge your career on a day-to-day basis.

How we work at Philips
Our newly-adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.
Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There's a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.
We embrace flexibility: Choosing where, when and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis.
We want to be at our best: The way we work and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.

Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.

#LI-PH1

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.