Collections Executive – Payments, Reconciliation & Data Reporting
Department: Operations
Location: Mumbai
Designation: Executive / Senior Executive
Role Objective To manage payment tracking, bank reconciliation, and collections reporting with high accuracy and discipline, ensuring timely recording of transactions and maintaining reliable MIS and operational data files.
- Verify and record incoming bank payments on a daily basis.
- Track customer payments against due schedules and internal records.
- Ensure accurate booking of all payment transactions.
Bank Reconciliation
- Reconcile bank statements with internal client ledgers and transaction records.
- Identify, investigate, and resolve unmatched or pending entries.
- Ensure timely completion of daily and monthly reconciliation processes.
Collections Monitoring
- Track overdue, upcoming, and same-day payment dues.
- Maintain accurate records of collections received against outstanding balances.
- Assist in collections data tracking and monitoring activities.
MIS & Data Reporting
- Maintain and update collections MIS and aging reports.
- Update and maintain transaction booking sheets with payment status.
- Prepare periodic reports on collections, reconciliation status, and overdue accounts.
- Ensure accuracy and completeness of operational data files for internal reporting.
Operational Support
- Support NACH mandate processing and maintain related operational records.
- Coordinate with internal teams to ensure proper documentation and transaction tracking.
- Maintain organized and audit-ready records of payment transactions.
Key Result Areas (KRAs)
- Accurate and timely bank reconciliations.
- High accuracy in collections MIS and transaction records.
- Timely submission of operational reports.
- Effective tracking of overdue, upcoming, and collected payments.
- Reliable maintenance of aging and collections monitoring reports.
Desired Candidate ProfileEducation
- Graduate or Post-Graduate in Commerce, Finance, or a related field.
Experience
- 2–4 years of experience in Collections Operations, Reconciliation, or Finance Operations within a Bank, NBFC, or Financial Services organization.
Technical Skills
- Knowledge of collections processes, payment tracking, and reconciliation.
- Familiarity with disbursement and repayment structures.
- Proficiency in MS Excel and MIS reporting.
Soft Skills
- Strong attention to detail and accuracy.
- Ability to manage large volumes of transactional data.
- Excellent organizational and time-management skills.