Manager - Credit Finance Control - South Asia

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