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 current 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.).
- Strong negotiation, follow-up, and interpersonal skills

📌 Accounts Receivable Assistant (Navi Mumbai)
🏢 HOYA Group
📍 Navi Mumbai