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Rolls-Royce

Designs, manufactures, and services propulsion systems

Finance Lead - Credit Controller

Accounts Payable/ReceivablePosted on Nov 12
Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

  • A qualified accountant, an MBA, or an equivalent degree in finance or accounting is required.
  • At least 7 years of relevant working experience in credit management with a reputable organization is required.
  • Strong credit analytical skills and knowledge of letters of credit are required.
  • The candidate must be able to build relationships and partner with the business.
  • The candidate must be able to work in a global workspace.
  • Good knowledge of software systems such as SAP and Microsoft tools is required.
  • The candidate must demonstrate initiative and the ability to work independently.

Responsibilities

  • Deliver credit control services according to process specifications and standard operating procedures, in compliance with defined controls.
  • Coordinate processes and activities related to period closings and ensure timely, complete delivery of reports and insights to the business.
  • Analyze and evaluate the creditworthiness and risk exposure of new and existing customers, and recommend limits or measures in accordance with company policy and global guidelines.
  • Monitor and activate or release credit blocks; advise and collaborate with the Business Unit on next steps; and release blocks with appropriate measures and approvals.
  • Advise and update internal stakeholders and external customers on credit documentation, credit line status or extensions, and Group and local credit policy.
  • Collaborate with the Business Unit on customer credit management when sales forecasts increase or decrease, and fulfill agreed service-level agreements and key performance indicators and achieve agreed user or customer satisfaction levels.
  • Build and maintain strong relationships with internal and external customers.
  • Lead the collections process and resolve or escalate credit- and collection-related issues.
  • Collaborate with the Business Unit, order management and invoicing teams, and customers to resolve credit, overdue, invoice rejection, and dispute issues.
  • Monitor letter-of-credit submission and maturity, and follow up with relevant parties, including banks, customers, and the Business Unit, on receipts.
  • Assess provisions for specific and general debts and compute provisions in accordance with the Group expected credit loss model and IFRS 9.
  • Provide commentary on overdue accounts and account status for business steering.
  • Review credit notes and credit invoices.
  • Review Incoterms and performance obligations to generate and issue all types of customer invoices, ensuring requirements and obligations are satisfied.
  • Distribute invoices digitally or manually according to customer requirements, and accurately and promptly upload invoices to customer portals when online submission is required.
  • Review letters of credit received from customers and prepare the documents required for negotiation.
  • Submit letters-of-credit and invoicing documentation to banks for negotiation.
  • Apply general billing policies and review unbilled revenue within the required timeframe.
  • Investigate unbilled revenue.
  • Monitor and control cut-off documents for monthly closing.
  • Prepare monthly liquidity planning reports, accounting reports, and balance sheet schedules.

Desired Qualifications

  • Experience working in or with credit rating agencies is a plus.
  • Experience in cash applications, collections, and billing is a plus.
  • Letter-of-credit experience is an advantage.

About the Company

Rolls-Royce

Designs, manufactures, and services propulsion systems

Rolls-Royce Holdings plc designs, manufactures, and services complex power and propulsion systems for aerospace, marine, and industrial markets. Its offerings include aircraft engines, marine propulsion systems, and industrial gas turbines, paired with long-term maintenance, repair, and overhaul services under service agreements. The way its products work is by delivering integrated power and propulsion through high-performance engines and turbines, supported by ongoing maintenance to ensure reliability and efficiency. The company differentiates itself through deep engineering expertise across defense and civil sectors, an emphasis on integrated power systems, and a strong focus on long-term service contracts that provide recurring revenue and sustained performance. Its goal is to reduce environmental impact and improve operational efficiency for customers by advancing technology through research and development and delivering reliable, efficient power solutions.

Company size
10,001+
Company stage
IPO
Headquarters
London, United Kingdom
Founded
1904

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