Job Type: Full-time

PROJECT RECEIVABLES & COLLECTIONS EXECUTIVEAbout 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 robust 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 strong 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 & DisputesTrack 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 ReportingPrepare 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 targetQualifications: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-TimeLocation: Ahmedabad, Gujarat

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