Scrabble has been mandated to hire a Head of Collections for a well-funded tech startup in Bangalore. The role involves developing and executing a strategic Business & Collections plan that aligns with the company's financial objectives, designing effective credit risk assessment frameworks, and leveraging technology to enhance collections efficiency. Additionally, you will create frameworks to improve predictability and visibility across the business. We are looking for candidates with 8-10 years of experience in collections management and a strong understanding of credit risk management. What will you do as Business Head ? Strategy & Planning: 1. Develop and execute a comprehensive Business & Collections strategy that aligns with the company's financial goals and business complexities. 2. Design & Implement robust credit risk assessment frameworks to evaluate the creditworthiness of clients and adjust terms accordingly 3. Leverage technology to enhance collections efficiency, including the use of automated systems for tracking, reporting, and communication 4. Design and implement frameworks to build predictability and visibility Leading Execution: 1. Lead the Cash flow management process, including budgeting, forecasting, and financial analysis to optimize business performance 2.Design, monitor and evaluate key performance indicators (KPIs) related to profitability & Cash flow and take corrective actions as needed 3.Develop and implement collection strategies to ensure 100% collection month on month, reducing outstanding receivables. 4. Conduct regular reviews and reporting to senior management, providing insights and recommendations for business growth and efficiency Manage strategic relationships & key stakeholders: 1. Collaborate with cross-functional teams - sales, marketing, operations, and finance, to align strategies and drive business results. 2. Collaborate with financial controller and compliance head to understand and drive high degree of compliant business and mitigate risk 3. Manage relationships with key stakeholders, including customers, suppliers, and financial institutions, underwriters to support business growth and operational excellence. 4. Drive a growth culture within the team, fostering innovation, collaboration, and continuous improvement. What will you need? 1.Master's degree/ MBA, Business Administration, or related field 2.Strong understanding of financial statements, budgeting, forecasting, and financial modeling 3.Proven track record of at least 8-13 years in Cash flow management, financial analysis, and driving business growth 4.Strategic thinker with a results-driven approach and ability to translate strategies into actionable plans 5.Analytical mindset with the ability to interpret data, identify trends, and make data-driven decisions. 6.Leadership and team management skills, with the ability to inspire and motivate teams towards common goals.

Bangalore

Business Head - Collections 

Job Description for Business Head - Collections  in THIRD MAY ADVISORS LLP in  Bangalore for (8-13) years of experience. Apply Now!