(Turkey) Senior Credit and Treasury Specialist (M/F)

Vacancy details

General information

Organisation

About Vilmorin-Mikado
Vilmorin-Mikado is a Franco-Japanese seed producer that has specialized in creating, producing, and selling vegetable seeds for professionals since 1743. As a responsible partner in the vegetable food chain, Vilmorin-Mikado is committed to helping better nourish people everywhere. Our wide range of unique, original seeds is distributed on five continents in more than 100 countries. Vilmorin-Mikado has more than 1,000 employees and recorded sales of €230 million in 2022-2023, of which 15% was entirely devoted to research. World leader in carrots and witloof chicory, Vilmorin-Mikado is also a major player in salads, tomatoes, sweet peppers, kabocha squashes, daikon radishes and bunching onions. Nearly three centuries ago, Vilmorin-Mikado's founders began our Tree Seeds work, which actively contributes to rebuilding sustainable forests. www.vilmorinmikado.com - #VilmorinMikado
Vilmorin-Mikado is part of Limagrain, an agricultural cooperative and an international seed group owned by French farmers. Limagrain breeds, produces, and distributes field seeds, vegetable seeds and agri-food products. Focused on the genetic progress of plants, Limagrain is the fourth largest seed group worldwide. www.limagrain.com - #Limagrain
  

Reference

2024-9200  

Position description

Employment Type

Regular Full Time

Contractual hours

Full-time

Function

SUPPORT FUNCTIONS - FINANCE

Main Goal

The Senior Credit and Treasury Specialist is responsible for overseeing and managing the company's credit processes and treasury functions. This role ensures effective customer communication, coordination with sales teams, and maintenance of optimal cash flow. The specialist will collaborate closely with various departments, including Sales, Finance, and Corporate Legal, to ensure accurate financial management and reporting.

Job description

CREDIT MANAGEMENT:

  • Update and maintain accurate customer information in the database.
  • Manage the establishment and adjustment of credit limits for customers.
  • Control, release, and hold customer orders based on credit status.
  • Prepare ageing reports to track outstanding customer balances and follow up as needed.
  • Collaborate with sales teams and customers to manage and resolve overdue payments effectively.
  • Facilitate discussions with the Credit Risk Committee to assess and mitigate credit risks.
  • Visit customers and work alongside the sales team to enhance market understanding and communication.
  • Manage credit insurance policies and claims to safeguard company interests.
  • Reconcile accounts receivables to ensure accuracy in financial reporting.
  • Handle credit note approvals and coordinate related processes.
  • Actively engage in Sales and Operations Planning (S&OP) meetings to align strategies.
  • Work with sales and corporate legal teams to manage and follow up on bad debts.
  • Oversee customer contract management to ensure compliance and risk mitigation.
  • Implement strategies aimed at improving Days Sales Outstanding (DSO).

TREASURY & CASH FLOW:

  • Prepare and manage monthly cash flow forecasts to ensure liquidity.
  • Maintain regular communication with headquarters, including follow-ups on hedging activities.
  • Oversee early collection processes involving customers and the sales team.
  • Coordinate bank relationships in conjunction with the Finance Manager.
  • Oversee and coordinate intercompany payments with the Finance Manager.

OTHER RESPONSIBILITIES:

  • Engage in the Pricing Committee and provide analytical support to the Finance Manager.
  • Conduct monthly analyses on average pricing and variances.
  • Provide comprehensive support on various topics as directed by the Finance Manager.

Skills: what we expect of you

• University degree from Business Admistration, Economics or any related field

• Strong analytical thinking, excellent command MS Office applications especially Excel
• Fluency in both written & spoken English
• Min 3-4 years of experience relevant to credit management, detailed AR and DSO reporting, collection, and AR management
• Strong communication and negotiation skills
• Result oriented, initiative taker, problem-solver
• No Travel restriction
• No military obligation for male candidates
• Residing/will reside in Asian side of İstanbul (Job location is in between Pendik and Tuzla)

Your benefits and working environment

Competitive salary and benefits package

 

Recruitment process

Interviews in Turkish and English

Company

VILMORIN-MIKADO

Position localization

Location

Güzelyalı Mh., Çiftlik Sokak 7-13, 34890 İstanbul/İstanbul, Turquie

Candidate criteria

Minimum level of education required

Bachelor's degree

Minimum level of experience required

2 years or more

Languages

  • Turkish (4 - Fluent)
  • English (4 - Fluent)

Requester

Position start date

01/02/2024