Associate Manager - Credit Control

Position Title: Associate Manager Credit Control

Location: Gurgaon

Qualification: B. Com/ CA Inter, Good knowledge of dealing with letter of credits, financial and accounting procedures, knowledge of ERP, Excel, Word

Experience: Minimum 6 year relevant experience in Finance and accounts in manufacturing organization. ( Preferred in Pharmaceutical industry).

Key Areas of Accountability / Responsibility

a. Key Areas of Accountability / Responsibility

1. Credit Control:-

- Approval of Dispatches

- Compiling the debtors data

- Interaction with Marketing & DSCM team for approval of dispatches

- Escalation in case of overdue/credit limit overrun

2. Receivables :-

- Sending dunning letters/ e mail for outstanding statement for the month to Customers/agents

- Preparation and circulation of debtors Ageing Report

- Preparation and circulation of Debtors Invoice –Wise Report

- Follow up with customers for collections and weekly collection update to sales & DSCM

- Scrutiny of Debtors Ledger

- Sending letters to customers for balance confirmation

3. Reporting :-

- reporting ( of receivables)

- Monthly Quarterly / annual Reporting (of receivables)

4. Coordination with Marketing :-

- For dispatches

- For collections

- For information and timely renewal of Bank Guarantee

5. Letter of credit ( For Domestic and Export Sales)

- Checking of letter of credits as per checklist.

- Interactions with marketing ( for amendment etc)

- Interactions with banks ( for advising of LC)

- Submission of documents to bank

- Follow up with bank for realization of funds on due dates

6. Sales Accounting :-

- Creation of sales Invoices.

- Booking of consignments sales.

- Preparation and filling of sales tax returns.

- Reconciliations and providing inputs for any transfer entries.

7. Passing of Commission Debit Notes :-

- Checking correctness of debit notes as per commission payables.

- Arranging for payments to commission agents.

8. Issuing of credit notes :-

- Checking with order acceptance

- Preparation of credit Notes

- Arranging for the payments

9. Audits :-

- Internal Audits ( Coordination and finalization for receivables and sales commission expenses)

- Statutory Audits ( Coordination and Finalization for Receivables, sales and commission expenses)

- Transfer Price Audits ( Preparation of export details as per requirements).

10. General :-

- Handling cheques received from the customer and deposit into bank. Issue of Bank realization certificates.

- Arranging for deposits of TDS

Contact - sonia.panwar@dsm-sinochem.com