Job Objective-

Monitoring Credit sales / Receivables on daily basis and report non-compliance in receivables.

Primary Responsibilities-

Strategic and planning-
Secure receivables with firm commitments, with BG / LC & post-dated cheques & ensure its sustainability by avoiding overdue & bad debt.
Ensure Standard Payment terms & conditions of credit sales based on credit analysis.

Core Functional
Follow consistent review mechanism with party holders and customers to ensure targeted collections are received on periodic basis.
Provide information to facilitate collections are received within agreed credit terms and overall no of days are maintained as per budget for Export / Domestic.
Provide necessary inputs to sales team for resolving customer payment issues.
Track & Follow for LC / Receivable Bill Discounting for timely credit of funds.
Highlight overdue receivables to management for corrective actions and intervention.
Time bound settlement of on payments / unadjusted credits / discounts / Credit notes etc., to ensure periodic Reconciliation of accounts.
Ensure outstandings as per SAP matches with EDPMS report of RBI.




Ensure customer accounts higine are duly maintained.
Maintain and provide commission due statements for all agents on quarterly basis to sales and finance.

Internal Process
Circulate report of collection performance of customer and party holder vs committed target along with reasons for delayed payments on regular basis.
Provide country wise and customer wise bill wise outstanding to each party holders for follow up of collections.
Monitoring Collections received in Bank, intimating to all stake holders and follow up with banks for L/C payments.
Coordinate with party holders / quality department for early closure of material return complaints.
Work closely with party holders on short payments and circulate status report to Sales HOD & Finance along with action plan.
Monitor pending d3 cases and share its impact on receivables.
Timely Balance confirmation with debtors.
Work closely with sales team for collection of all overdue payments before release of commission payments to agents.

People development

NIL

📌 Co Ordinator, Finance, Credit Control, Acg Packaging Materials Maharashtra
🏢 ACG
📍 Maharashtra