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Main Purpose of the Role:
Ensure effective management and continuous improvement of demurrage processes in the Caribbean & Central America (CCA) region. This includes reducing the ready for billing amounts, ensuring prompt and accurate demurrage reporting, and maintaining precise Statement of Account (SOA) allocations in the AGFA system. The role also involves understanding and addressing discrepancies between budgeted and actual figures, identifying country- and customer-level trends, improving collection rates, and assisting with coordinating waivers and discount processes in collaboration with the district commercial team and Head Office.
Main Tasks:
Review all district countries AR demurrage balances to ensure billing/invoice and payment accuracy and on timely manner.
Serve as main contact on all demurrage related aspects.
Work with AR Credit analyst and AR Specialists to discuss Demurrage related issues concerned with collections, and design strategy to improve the collections.
Weekly follow-up with countries to upload the demurrage smart files to AGFA.
Weekly follow-up with countries to release the pending items on ready for billing to ensure timely billing and subsequent collection.
Fortnightly review of demurrage potential calculation for countries without the demurrage V2 module and ensure timely billing and reporting.
Ensure monthly reporting package for the finance department use, including Potential calculations, Ready for billing tracking, Actual Vs Budget, Billing Vs Collection, Demurrage by Customer tracking, Demurrage Aging reports, etc.
Monthly DMR unit approval on AGFA.
Monthly DMR unit upload for selected countries with 3rd party collector, ensuring proper ROE used for the reporting and the fund transfer reporting on AGFA.
Maintain demurrage and detention doubtful debt / bad debt files, including all information for the invoice, reasoning and actions taken as proof of collection efforts.
Requirements:Full Time
Pharmaceutical
$56k-69k (estimate)
05/02/2024
07/01/2024
zimsociety.com
NAGPUR CITY, MAHARASHTRA
500 - 1,000
2019
ANWAR SIRAJ DAUD
$10M - $50M
Pharmaceutical
The job skills required for Demurrage Analyst include Collaboration, etc. Having related job skills and expertise will give you an advantage when applying to be a Demurrage Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Demurrage Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Demurrage Analyst positions, which can be used as a reference in future career path planning. As a Demurrage Analyst, it can be promoted into senior positions as a Market Research Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Demurrage Analyst. You can explore the career advancement for a Demurrage Analyst below and select your interested title to get hiring information.