Credit Analyst

Entity:  Daikin Europe HQ
Job Category:  Finance and Accounting

Oostende, West Flanders, BE

Job Requisition ID:  133

Daikin Europe NV (DENV) is a subsidiary of Daikin Industries Limited, a Japanese outstanding company and worldwide the biggest developer, producer and supplier of HVAC-R (heating, ventilation, air conditioning and refrigeration) solutions, including heating pumps and cooling technology.

DENV is Daikin’s sales, R&D, and production headquarters for Europe, the Middle-East and Africa. The headquarter has Belgian offices in Brussels, Ghent, Oostkamp and Ostend, as well as 8 production plants, 24 sales subsidiaries and offices and a whole network of independent distributors and dealers across the EMEA region.

The company designs, manufactures and brings to market a broad portfolio of equipment, as well as tailor-made solutions for residential, commercial, and industrial purposes in Europe, Middle East, and Africa (EMEA). To date, Daikin EMEA has over 12 000 employees across more than 59 consolidated subsidiaries. It has 12 major manufacturing facilities based in Belgium, the Czech Republic, Germany, Italy, Spain, Turkey, Austria, and the UK. Our aim is to drive sustainable and effective solutions, sparking a good climate for the generations to come. And all this can only be achieved because of our People. 

For its EMEA headquarter and operating from new offices in Oostkamp, Daikin is looking for a Credit Analyst.


Target and scope of the function:

  • Analyse credit limit requests and decide and/or propose which credit lines can be granted to our customers, hereby making use of both financial analysis and risk management tools, such as credit insurance, letters of credit, bank guarantees etc.
  • Pro-actively identify upcoming special credit requirements and look for credit risk management solutions, also in cooperation with credit insurers and brokers
  • Follow up and management of credit blocked orders and deliveries
  • Management of multiple credit insurance contracts: claims submission, declarations, indemnifications and information sharing
  • Evaluate bad debt risk of overdue accounts receivable, asses the necessity of bad debt provisions postings and write-offs, and provide necessary intelligence to management to make decisions on this topic
  • Preparation of recurring and ad hoc reports, also on group level, in order to provide to the credit manager a sound base for planning and results evaluation
  • Frequent communication with different stakeholders both within and outside the company (sales department, customer, credit insurer,…) on credit management topics



  • Master degree, preferably in an economical/financial area
  • Passionate about credit management and with a good knowledge of the most important concepts and tools such as overdue, credit insurance, letter of credit…, preferably supported by a first work experience
  • Knowledge of SAP is an asset, knowledge of FSCM is a strong asset
  • A basic knowledge of IFRS accounting standard related to credit control (eg, IFRS 9) is recommended
  • Eager to learn
  • Strong analytical skills, can summarize and report complex cases
  • Out-of-the-box thinker, always looking for improvement and able to troubleshoot
  • Team player with an excellent knowledge of Dutch and English and strong communication skills

We believe our employees are the beating heart of our company and that top-quality solutions are delivered by talented individuals in a good working environment. As a result, we live in a unique environment based on our people-centered approach, where we value each person's uniqueness and where we truly believe in people's unlimited potential.

We believe: Good climate starts with people.