Zonal Credit Controller
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Zonal Credit Controller
Mission
Ensure that the Receivables / credit risk of the zone are managed proactively and effectively. Bring about continuous improvement in Receivables and overdues.
Primary Responsibilities
• Control Receivables thru a mix of pre-order & pre-invoicing checks and post-invoicing follow up
• Monitor Accounts Receivables to ensure that it remains healthy.
• To implements Systems/ processes for receivables control.
• To ensure that the credit policy is followed in spirit.
• Apply Credit checks at Sales order booking and prior to invoicing
• Follow up outstanding Receivables through multiple channels
• Visit customers wherever needed to collect overdues, for reconciliations and/or resolution of issues
• To establish a strong follow-up mechanism for collection is set up within the Zone
• Implement the procedures for overdue accounts analysis and reminders.
• Implement and use Dunning effectively
• Ensure proper accounting of payments received – work towards getting payment advises automatically from customers.
• Ensure that the credit terms agreed while finalising the order are adhered to.
• Ensure reconciliation of customer accounts.
• Support in case of any legal action being initiated against customer or dealer.
• Support other zones whenever necessary.
• Correspond with customers within the credit administration procedures.
• Work closely with Zonal managers for better receivables management.
• Work closely with other support functions like the Finance Services, Customer support officers / order handlers, Indirect tax team, logistics for various issues like credit notes, taxation issues, receipts accounting, Letter of Credits, Bank Guarantees and any other work related to accounts receivable.
• Be pro-active, making sure that red flags are highlighted, that action plans are in place when necessary.
• Leverage IT Tools to improve Credit management efficiency.
To succeed, you will need
• Experience requirements
• You should have minimum 5-7 years’ experience in credit management and/or handling commercial activities/transactions.
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• Knowledge
• Good commercial knowledge and should have a good understanding of the practical commercial aspects like usage of Bank Guarantees, Letters of Credit, Milestone billing and payments etc. Good understanding of accounting and financial analysis. Should be expert in MS-Excel. Should have worked in an ERP environment - knowledge of SAP will be an added advantage.
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• Educational requirements
• University Degree in commerce. Post-graduation or professional degree will be added advantage.
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• Personality requirements
• Should be methodical in working, have good oral and written communication skills, and ability to understand various functions and situations. Must be able to build a good rapport with Customers and the Sales teams.
In return, we offer
- Culture of trust and accountability
- Lifelong learning and career growth
- Innovation powered by people
- Comprehensive compensation and benefits
- Health and well-being
Job location
This position provides a hybrid working model, enabling you to divide your time between remote work and on-site presence at our office located in Mumbai, India
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