Senior Associate/ Manager- Collections

1.Collections Management:
-Initiate contact with customers via phone calls, emails, or letters to ensure timely payment of outstanding invoices.
-Implement collection strategies and follow-up procedures to minimize delinquent accounts.
-Negotiate payment arrangements and establish suitable payment plans with customers who are experiencing financial difficulties.
-Monitor customer accounts and maintain accurate records of collection activities, including payment promises and disputes.

2.Account Reconciliation
-Evaluate creditworthiness of new and existing customers by analyzing financial statements, credit reports, and payment histories.
-Review and update credit limits for customers based on their paymentbehavior and creditworthiness.
-Recommend appropriate credit terms and conditions for new customers or changes to existing customers' credit terms.
impact timely payment.

3.Credit Assessment:
-Evaluate creditworthiness of new and existing customers by analyzingfinancial statements, credit reports, and payment histories.
-Review and update credit limits for customers based on their paymentbehavior and creditworthiness.
-Recommend appropriate credit terms and conditions for new customersor changes to existing customers' credit terms.

4.Reporting and Analysis:
-Preparation & analysis of monthly MIS of Revenue (Billed &unbilled), provisions and Debtors
-Ensure periodic ledger reconciliation of the top clients