Manager - Working capital - CA

Qualification - CA.

Key Responsibilities :

Participating in the Divisional Receivables OAAP preparation process with the Divisional process owner and ensuring the Action points are being closed as per commitments else escalate in the monthly CEO-CFO and Chairman Report.

Policy & Guidelines:

- Understanding the business model and participating in the Credit Policy & Commercial Policy definition and implementation

- Recommend changes in Policy based on analysis of Credit parameters, if required.

- IT implementation of the Policy changes

- Ensuring 100% Policy compliance

Process changes and ensuring compliance:

- Ensuring that any changes in the Collections process are suitably changed in SAP with IT support.

- Supporting the WSS Management Team in all the tools and reports being sent to the Customers and Frontline Sales staff

- Month-end provisions and MIS Reports

- Driving Major Initiatives for process improvement:

- Driving Initiatives to understand the Trade channel's credit and corresponding credit extended.

- To understand and support implementation of business specific Credit Management solutions like Channel Financing etc.

Receivables process Management:

- To ensure there are no process gaps and issues are fixed for the process.

Process responsibility:

- Responsibility to ensure timely collections accounting including follow-up of the payment advise for the B2B customers

- Ensuring closure of actions on the disputes raised in the periodic Balance confirmation, WSS service cell, Division etc.

- Responsible for driving all B2B specific processes like Account specific collections, periodic Account reconciliation etc

- Sales Tax forms collections

- Monthly reconciliation of the Legal statement Write-off of Debit Balances based on Division approval.