The Collection Executive is responsible for ensuring timely collection of payments from customers, reducing outstanding receivables, and maintaining healthy cash flow for the manufacturing operations. The role involves regular follow-ups with customers, reconciliation of accounts, and coordination with sales and finance teams.
Key Responsibilities
- Ensure collections are made as per agreed credit terms and payment schedules.
- Maintain and update customer aging reports and collection trackers.
- Reconcile customer accounts and resolve payment discrepancies or short payments.
- Coordinate with the sales team regarding customer payment issues and credit limits.
- Prepare daily, weekly, and monthly collection reports for management review.
- Ensure proper documentation of invoices, debit notes, credit notes, and receipts.
- Escalate long-pending or high-risk accounts to management.
- Support audits by providing collection and receivable-related data.
- Ensure compliance with company policies and financial controls.
Key Skills & Competencies
- Strong communication and negotiation skills
- Good understanding of accounts receivable processes
- Ability to follow up firmly yet professionally
- Attention to detail and good record-keeping
- Proficiency in MS Excel and accounting/ERP software (Tally, SAP, Oracle, etc.)
Qualifications:
- Bachelor’s degree in Commerce, Accounting, Finance, or related field
- Additional accounting certification is an advantage
Experience
- 1-4 years of experience in collections or accounts receivable
- Experience in a manufacturing or B2B setting preferred
Key Performance Indicators (KPIs)
- Reduction in overdue receivables
- Days Sales Outstanding (DSO)
- Collection efficiency percentage
- Accuracy of reconciliation and reporting
Job Types: Full-time, Fresher
Pay: ₹
📌 Collection Executive (Nashik)
🏢 VIRGAM DELICTUS - The Business Solutions
📍 Nashik
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