Apprenticeship Assistant Credit Manager

Are you interested in a stimulating and rewarding professional experience within a global pharmaceutical company headquartered in Paris ? 

Join the Finance and Treasury Department of EUROAPI, a manufacturer of active pharmaceutical ingredients with a €1 billion turnover which sells its products and services in 80 countries worldwide through 6 production sites in Europe and with a commercial presence in 11 countries.

Reporting to the Group Credit Manager, you’ll work closely with him to assist in daily tasks aimed at minimizing the group’s credit risk exposure and optimizing accounts receivable management. Your responsibilities will include monitoring the group’s daily credit risk exposure and proactively recommending necessary actions to mitigate the credit risk. Your’ll collaborate with sales and finance teams as well as our shared services center based in Poland but also with the Customer Service team, both at headquarters and abroad. Additionally, you’ll be involved in a group project to improve processes and reduce the working capital requirement (BFR).

Your key responsibilities will cover:

CREDIT MANAGEMENT

• Analyzing the ageing balances and customer solvency, suggesting proactive actions to reduce the credit risk.

• Monitoring Days Sales Outstanding (DSO) and other key indicators (e.g., OVD rate, bad debts…).

• Controlling credit limits based on customer needs and credit policy.

• Analyzing and adjusting credit limit evolution when needed.

• Managing blocked orders in accordance with internal policy.

• Ensuring proper application of the group processes, especially regarding payment terms.

• Supporting the sales teams of different geographical zones in payment term and collection security matters.

• Analyzing the customer risk alerts and conducting surveillance for high-risk customers.

• Managing credit insurance contracts as part of the factoring project.

WORKING CAPITAL OPTIMIZATION

• Interacting with the Shared Services Center in Poland to monitor and improve the receivables payments.

• Facilitating communication with customers and internal services to anticipate disputes.

• Monitor collection forecasts and ensure that collections are recorded properly in the accounts

• Defining payment terms and payment methods with the Credit Manager.

• Monitoring the watch list and the bad debt customers.

• Facilitating credit committees and bad debt committees with the Credit Manager.

• Assisting the Credit Manager in implementing and managing the Factoring Project.

REPORTING and PROCESS

• Contributing to the monthly DSO report.

• Suggest improvements in processes, dashboards and KPI 

• Contribute to the Group project of improving the Order-to-Cash process 

Our Requirements

• Preparing a Master’s degree in finance or accounting

• Fluency in both English & French

• Good numeracy, analytical and finance skills 

• Proficiency in Pack Office and SAP

• High customer focus, highly developed interpersonal skills, ability to form strong and effective relationships internally and externally

• Responsive and good at managing priorities,

• Hands-on approach with a ‘can-do’ attitude and problem-solving ability.

Your Benefits

• 31 days of “CP” (congés payés)

• Flexible teleworking agreement and work hours

• Attractive compensation package

• “Prime d’intéressement”/ “participation”

• Reimbursement of the “Navigo Pass” (70%)

• Meal vouchers

• High level of health insurance

• CSE advantages

• Convenient office localization (2 minutes from Paris Gare de Lyon)

Start date: As soon as possible

Our Company 

EUROAPI is focused on reinventing active ingredient solutions to sustainably meet customers’ and patients’ needs around the world. We are a leading player in active pharmaceutical ingredients with approximately 200 products in our portfolio, offering a large span of technologies, while developing innovative molecules through our Contract Development and Manufacturing Organization (CDMO) activities.
Taking action for health by enabling access to essential therapies inspires our 3,450 people every day. With strong research and development capabilities and six manufacturing sites all located in Euro