Credit Analyst
NykaaJob Highlights
Required Skills
Job Description
Role Summary:
We are seeking a meticulous and analytical Credit Analyst to join our growing finance team. The Credit Analyst will be responsible for assessing the creditworthiness of potential and existing business partners, managing credit risk, and ensuring compliance with credit policies. This role is crucial in supporting Nykaa's expansion and maintaining healthy financial relationships.
Key Responsibilities:
- Conduct thorough credit analysis of new and existing clients, including financial statement analysis, cash flow projections, and industry risk assessment.
- Prepare comprehensive credit reports and recommendations for management approval.
- Monitor the credit exposure of the company and identify potential risks.
- Develop and implement credit control procedures and policies.
- Manage and maintain the accounts receivable aging report, ensuring timely collections.
- Liaise with sales and legal departments to resolve credit-related issues.
- Stay updated on market trends and economic conditions that may impact credit risk.
- Ensure compliance with all relevant regulations and internal policies.
About Nykaa
Nykaa is India's leading beauty and wellness e-commerce platform, founded in 2012 by Falguni Nayar. It offers a wide range of beauty, personal care, and wellness products from national and international brands. Nykaa has expanded its offerings to include fashion and lifestyle products through Nykaa Fashion and has also ventured into physical retail with Nykaa On Trend stores. The company is committed to providing a seamless online shopping experience and empowering consumers with product information and reviews.
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