The following details the role & responsibilities for this position :
Position : GM
Reporting to : CFO
Location : Ahmedabad
Educational Qualification : CA
Major Purpose of the Job :
- Be a key business partner to the finance team and the company in general, providing a rigorous and commercially astute sounding board as well as providing leadership within the finance team.
- Assesses risks and makes recommendations based on a thorough analysis of all factors involved in a business situation.
- Recommending credit limit based on credit rating and risk profile of the corporate; performing detailed credit rating with risk exposure / mitigation methods.
Principal Accountability:
- The person must have strong commercial sense to check viability of the contract.
- Play a vital role in maximizing revenue and mitigating the credit risk.
- Collaborate with sales team to implement an effective credit control system and resolve issues if any.
- Maintain a close liaison between the credit controller and the marketing / sales department so that credit issues are resolved smoothly.
- To handle credit assessments, setting up the terms and conditions of the receivable and payable balances.
- Conceptualizing & implementing recovery strategies in case of payment defaults.
- Identify changes in payment patterns and propose action to avert indebtedness.
- Ensure that all transactions are compliant with Company's policies and regulations
- Follow up with Institution Sales Team to ensure RTGS collections are accounted for in timely manner.
- Follow up with CFA / Sales team for collection of old outstanding.
- Verification of Collections Received.
- Reconciliation and preparation of various schedules required for Monthly, Quarterly and Annual Reporting - both for local statutory accounts and Global Reporting.
- Handling various Audits - statutory, Internal and International.
Prashant
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