Major Responsibilities

a) Accounts Receivable & Collections

• Monitor customer accounts to identify overdue payments.

• Proactively follow up with customers via calls, emails, and statements to
ensure timely

collections.

• Allocate incoming payments accurately in the ERP system and perform bank
reconciliation.

• Accounting and processing of credit notes related to sales returns, customer
schemes,

and trade discounts.

• Maintain up-to-date customer ledgers and ageing reports.

• Liaise with the sales team to resolve billing disputes and hold/release orders
based on

payment status.

• Coordinate with the Sales team to obtain rolling three-month cash collection
forecasts,

conduct weekly follow-ups, and monitor collections to ensure alignment with
projected

targets.

b) Credit Risk Management

• Conduct credit checks for new and existing customers.

• Recommend credit limits based on customer financial history and payment
patterns.

• Monitor and review customer credit limits periodically.

c) Reporting & Analysis





• Prepare weekly and monthly ageing reports with commentary for management.

• Prepare bad debt provision simulations based on projected cash collections and
assess

the potential impact on financial results.

• Highlight potential bad debts and initiate escalation procedures where
required including

legal.

• Provide inputs for cash flow forecasting based on collection trends.

d) Audit & Compliance

• Support statutory and internal audits by providing AR-related data and
reconciliations.

• Ensure compliance with company credit policies and applicable regulations.

• Assist in drafting and implementing SOPs for credit control processes.

Required Candidate Attributes

• Bachelor’s degree in commerce or finance; CMA Inter or equivalent preferred.

• 4-5 years of experience in credit control, accounts receivable, or related
roles.

• Proficiency in MS Excel and ERP systems (SAP, Navision, Oracle, Tally, etc.).

• Robust negotiation, follow-up, and

📌 Accounts Receivable Assistant (Navi Mumbai)
🏢 Hoya Vision Care
📍 Navi Mumbai