Posted By
Posted in
Banking & Finance
Job Code
1323139
Manager - Credit Finance Control - South Asia
We have an urgent role with a Leading Global MNC based at Gurgaon
Role : Manager - Credit Control -South Asia
CTC Budget for this role is close to 29 Lacs including variable
What is required :
- MBA/CA
- Minimum 5 to 10 years of relevant experience of credit handling including interaction with customers.
- Manage customer credit files
- Monitor and timely review the credit granting and updating process
- Personally visit Key customers to maintain / establish relations
- Personally own the movement and credit worthiness of key customers
- Manage corporate financing program and recommendations for DSO improvement
- Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
ROLE :
Credit Business Partner:
- Driving Collection and DSO plan.
- Preparation of AOP plan for DSO, Quarterly /Monthly Forecast
Engagement with Commercial team and Customer:
- Close working with the sales team and leaders for all credit & collection related concerns smoothly
- Regular customer visits & relationship management
- Weekly collection calls with sales team
- Direct Follow ups with major and delaying customers for collection.
- Ensuring customers pay on time and negotiating restructuring & repayment plans
- Mechanism for dealing and resolving with deduction done by customers in the collection
- In case of overdue and delay in payments using supply hold release tool
- Respond promptly and completely to both client and internal enquiries
- Driving and undertaking customer accounts reconciliation including actions on gaps
Month End closing / Reporting and Analytics:
- Analyze potential bad debts exposure and provide pre alerts
- Reduce the past due outstanding to minimum level
- Presenting monthly update in the leadership meeting
- Setting up and driving the process for disputed amounts resolution
- Setting up and reviewing the credit limits of customers and documentation as per policy
- Ensuring monthly closing entries done correct and timely
- Reviewing of debtors aging and proposing the action plan including write off of non-recoverable amounts
- Preparation of Receivable and various MIS -Scheme Movement , Bad debt Movement.
Audits and Internal control:
- 100% Compliance of Company and credit policies
- Taking legal action and filing cases against defaulting customers as per policy
- Maintain the Correct Rebate data in the database and get Issued Credit notes timely.
Projects and Continuous Improvement:
- Taking initiative and driving independently for improving the credit control processes
- Develop the credit management capability by benchmarking and best practices
Ved
+91-8826912747
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Posted By
Posted in
Banking & Finance
Job Code
1323139