PROJECT RECEIVABLES & COLLECTIONS EXECUTIVE About the Company: Rajesh Power Services Limited is a leading turnkey EPC partner in the power transmission and utility sector, specializing in extra-high-voltage (EHV) underground cabling, sub-stations, and advanced O&M; services up to 220 kV. Recognized for its end-to-end design, execution, and diagnostic capabilities for top state utilities and private clients, the company combines proven technical expertise with cutting-edge technologies like Industrial IoT to deliver reliable, class-leading infrastructure solutions. Role Summary: We are looking for an experienced Payment Collection Specialist with around 5 years of experience in an EPC / Infrastructure / Power Transmission & Distribution company. The candidate will be responsible for driving project-wise receivables and timely payment collection from customers, coordinating closely with Project, Billing, Commercial, Finance and Client teams. The role requires strong follow-up skills, commercial understanding and the ability to independently track payments from RA bills, milestone bills, advances, retention money, variation claims, final bills and other project receivables. Key Responsibilities: Project Receivables Management • Monitor project-wise outstanding receivables and maintain an updated ageing report. • Track all invoices/RA bills from submission to certification and payment. • Prepare customer-wise and project-wise collection plans. • Identify overdue payments and develop action plans for recovery. • Ensure systematic follow-up until payment is credited.



Billing & Certification Follow-up • Coordinate with Project/Billing/Commercial teams to ensure timely submission of bills. • Follow up with clients for: • Bill acceptance • Measurement Book / Joint Measurement • Engineer/Consultant certification • Invoice processing • Payment approvals • Track reasons for pending certification or payment and resolve bottlenecks. Client Coordination • Develop solid working relationships with client Finance, Commercial, Purchase, Project and Accounts Payable teams. • Regularly communicate with client representatives regarding outstanding payments. • Visit client offices whenever required for payment follow-up and resolution. • Escalate critical payment issues to senior management. Deductions & Disputes Track deductions relating to: • Retention • TDS • GST • LD • Mobilisation advance recovery • Material recovery • Penalties • Other contractual deductions • Coordinate with Project/Contracts teams to resolve disputed deductions. • Maintain a deduction and dispute tracker and ensure timely closure. Retention & Final Bill Recovery • Maintain separate tracking of retention money, security deposits and final bills.



• Monitor project completion milestones and initiate release of retention/security amounts. • Coordinate with Project and Commercial teams for completion certificates and documentation required for final payment. Advance & BG-Linked Receivables • Track mobilisation advances and their recovery from bills. • Monitor Bank Guarantees / Performance Guarantees related to payment release. • Coordinate with Finance and Project teams for BG extension/release wherever required. MIS & Management Reporting Prepare weekly/monthly reports covering: • Total outstanding receivables • Current vs overdue receivables • Project-wise ageing • Client-wise outstanding • Bills submitted but not certified • Certified but unpaid bills • Retention outstanding • Final bill outstanding • Disputed amounts • Expected collections for the next 30/60/90 days • Collection achieved vs target Qualifications: Required • Bachelor’s degree in Commerce (B.Com), Finance, Business Administration (BBA), or a related discipline. • 5 years of direct experience in EPC / Infrastructure / Power / Construction industry. • Strong experience in project receivables and payment collection. • Experience dealing with large corporate/government/utility clients. • Good understanding of RA Bills, certification, retention, advances, deductions and final bills. • Strong follow-up and negotiation skills. Software Proficiency • Strong MS Office Suite skills. Employment Type: Full-Time Location: Ahmedabad, Gujarat

📌 Project Receivables & Collections Executive (India)
🏢 Rajesh Power Services
📍 India