About Sandvik Coromant: Sandvik Coromant is the world’s leading supplier of tools, tooling solutions, and know-how to the metalworking industry. With extensive investments in research and development, we create unique innovations and set new productivity standards in collaboration with our customers. Our solutions serve major industries such as automotive,
aerospace, and energy. We have 8,000 employees and a global presence in 130 countries. Sandvik Coromant is part of the Sandvik Machining Solutions business area within the Sandvik Group.
Overview of the Role:
Overall responsibility for AR function. Perform in house AR activities, primarily focused on collection, reporting, Credit control, monitoring and Statutory Compliances.
Responsibilities:
Support business in customer credit matters (e.g. credit limits and payment terms)
Strict monitoring and implementation of Credit Policy
Evaluate credit risks and suggest solutions aimed to mitigate the risk exposure
Manage customer overdues and claims/disputes to ensure timely resolution
Processing inbound payments and accurately reconcile payments on customers’ accounts
Liaise with customers to ensure payments made to terms and need based visit to customers
Customer reconciliation.
Improve NWC with monitoring of DSO
Review accounts on credit hold and initiate communications with the business on legal actions where necessary
Manage and coordinate communication with customers and all Sandvik stakeholders
Support intercompany reconciliation
Validate that internal controls are implemented and operational
Implement and support the development of AR processes, policies, rules and authorization matrix/limits
Lead and support Projects and initiatives to implement processes for organisation perks
Responsible for all financial audits and query resolutions related t
📌 Finance Projects Manager (India)
🏢 Sandvik
📍 India
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