Manager - Credit Control & Collection

Company Information

About the Company
Subsidiary of MNC ,US $ 18 Bln Science and Technology group covering,

Company is the world leader in serving science. A global leader focused on the research, design, manufacture and marketing of state-of-the-art solutions for mass spectrometry. These solutions, which are sold to researchers or scientists around the world at pharmaceutical companies, contract research laboratories, academic and medical institutions, and health and life sciences organizations, are designed to help accelerate the complex process of discovering and developing new drug compounds, understanding the causes of disease, and protecting the safety of food, water and the environment.

Job Description

Job Title: Manager – Credit Control and Collection

Reports To: CFO India – Leica and ABSciex

Direct Reports: 6 (3 Full Time Associates and 3 Contract)

Responsible for: Strategic Credit Initiatives, Drive Collections, Keep Bad Debts Provision under control

Purpose/Objective:

Working for the CFO India , you will be responsible for the setting up and sustaining credit control processes as well as driving collections so as to maintain the value of our assets and not allow the Operating profit to be impacted by Bad Debts Provision.

Key Responsibilities

- Based on the understanding of the business, working closely with the Sales Leads and Business Unit Heads, conceptualise, implement and sustain an effective credit control process both in the ERP and on the ground so as to help mitigate receivable risk proactively.

- Institutionalise the Credit Control Process through trainings and getting a buy-in from the Sales Leads/Business Unit Leads

- Set up a plan for collection and drive the collection team to achieve the plan using a mechanism of updating stakeholders on the status through visual dashboards.

- Set up a process to identify risk areas based on the ageing of receivables and market information and have a strong plan to collect these in advance of these being potential reserves and impacting the operating profits of the business.

- Strive to drive a control mindset in the organisation in a manner that does not inhibit business and business growth.

- Work closely with the global collection counterparts of Leica and ABSciex to exchange best practices and learning environment for continuous improvement.

- Lead a team through an objective process of fixing KPI’s, periodic caliberation of the same and personal development mindset to be flexible to move across finance functions and grow in the organisation.

Person Specification:


Qualifications & Education: CA/ICWA qualifications,

Skills & Knowledge:

- Demonstrated conceptual, analytical and decision making skills.

- Strong understanding of business.

- Good people development skills

- Experience with US Gaap Continuous improvement tools (Six Sigma, Toyota production system, TQM, lean manufacturing)
SAP, Hyperion Essbase

Experience:

- Has demonstrated experience in managing, streamlining and sustaining financial processes in reputed MNC/Indian companies for 7 years and above.

Worked using influence more than positional power

- Worked within multiple countries and cultures

- Experience in a matrix organisation

Personal Skills / Attributes:

- Excellent communicator downwards and upwards

- Flexible, tenatious, proactive.

- Team player

- Independent and strong sense of integrity

- Strong desire to create a world class finance organization.

- Good emotional intelligence.

- Global player

Other areas: eg. working conditions / hours Able to do regular local and global travel.

Enjoying driving and being a part of the Change process

If interested please share your CV at rajesh@ecatapult.net