Job Responsiblities :
Financial appraisal analysis of all customers, per policy for establishing credit limits. Monitoring of all company receivables. Review all credit lines documents and approval of credit limits of customer attached with different channels.
Objective settings for monthly collections to meet WC/Cash flow requirements.
Complete control on past dues.
Initiate recovery proceedings and corrective measures for collection from insolvent accounts, propose, administer monitor rehabilitation scheme for insolvent accounts.
Review of bad debt accounts and provisioning there off.
Coordination implementation of various sales discount schemes.
Control on company account receivables, Days Sales Outstanding- Company, credit terms etc. Account receivable reconciliations.
Administration of company Dealer Security Deposit Scheme-Structuring Amendments, statutory legal compliance.
Meeting of monthly collection objectives and strategize on recovery steps on bad debts,
Coordination with Supply Chain on important CFs issues in order to ensure sound financial health and high financial policy compliance at each field locations
Assist Financial Controller in developing the AR Factoring Plan and business options and implement the same.
Manages and directs the monthly review of aged accounts receivable with management.
Monitors and reviews the billing process to ensure customer invoices are properly matched and reconciled by payment and/or credit adjustment.
Performs the day to day processing of financial transactions to ensure that company finances are maintained in an effective, up to date, and accurate manner.
Responds in a professional manner to all inquiries, providing the highest level of customer service.
As Per Company Norms
