Specialist - Finance (Collections).

Job Location: Mumbai. In this role you will be responsible for the collection tasks and maintaining customer relations. You will have proactive outreach, diligent follow-up on overdue accounts, and effective dispute resolution.

Also, you will maintain accurate records, perform regular account reconciliations, and collaborate with internal teams. Contribute to streamline the collections process while supporting customers in meeting their payment commitments, thus reinforcing the company's commitment to operational excellence and partnership.

Responsibilities

- Customer Engagement: Reach out to end customers through voice and non-voice processes to share Statements of Accounts (SOAs) within the defined turnaround time (TAT).
- Dunning: Ensure timely follow-up on payments and manage the dunning process for overdue payments by sending reminders as per the standard operating procedures.
- Collection Management: Capture and update the Promise-to-Pay (PTP) dates in the Collection Tool (MAIN) after customer interactions. Shall be responsible for follow up on any payment advice not received on time from the customer.
- Dispute Management: Document and investigate customer disputes regarding non-payment or partial payment of invoices. Collaborate with internal teams to resolve issues.
- Escalation Management: Escalate any unresolved disputes, payment issues, or other concerns that could delay payment to senior management or relevant teams for timely resolution. The goal is to ensure payments are collected as per the agreed terms.
- Bookkeeping: Send the payment details for posting and allocation, as outlined in the payment advice, to the CashApps Team for processing in the accounting system.
- Account Reconciliation:



Conduct regular account reconciliations with customers to address any discrepancies between their records and internal system balances and obtain balance confirmations as needed.
- Reporting: Maintain detailed records of customer interactions, payment statuses, and disputes, generate regular reports to assess payment performance and outstanding balances, and report any issues, trends, or anomalies related to collections and disputes.
- Database Upkeep: Ensure the customer database is kept up to date by collaborating with relevant teams to update contact details, such as changes in the contact person, and maintain accurate records.
- Professionalism: Maintain a calm, patient, and respectful attitude during all customer interactions, always uphold a professional appearance and demeanour, and ensure a positive experience, even in challenging situations.
- Ad hoc Task: Any additional tasks assigned based on specific circumstances and requirements.

Requirements

- Bachelor's Degree in Commerce, Finance, Business Administration, or equivalent field.
- Minimum 3 years of experience in Order-to-Cash processes or a related financial operation.
- Strong knowledge of collections processes, including payment follow-up and dunning.
- Proficient in utilizing financial software and systems (e.g., Oracle, Basware), with ability to quickly adapt to new technology.
- Ability to record, track, and resolve disputes efficiently while collaborating with internal teams.
- Verbal and written communication
- Possess the ability to independently manage account reconciliations and resolve discrepancies with customers.
- Proficient in maintaining accurate customer records and collaborating with relevant teams to ensure contact and account information is consistently updated.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Specialist u2013 Finance (Collections) (Mumbai)
🏢 Dhl Supply Chain
📍 Mumbai