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183 Emerson Electric Co. Jobs

Assistant Manager / Manager - Collections

1-7 years

Mumbai

1 vacancy

Assistant Manager / Manager - Collections

Emerson Electric Co.

posted 1mon ago

Job Description

Job Summary:

As Asst Manager / Manager - Collection role you will be responsible for monitoring and driving the complete bank guarantee process by timely submission of request to bank and ensuring timely report to management for Outstanding BG status. Opportunity to work on diverse tasks, including collaborating with global teams. A detail-oriented role with a passion for accounting and driving financial excellence.

In this Role, Your Responsibilities Will Be:

  1. Monitoring and driving the BG process. - Vetting of BG Formats, Timely submission to bank, co-ordination with Regional Sales and Banks for EPM India and support for other Emerson India Sites
  2. Monitoring the Advance collection process against BGs.
  3. Ensuring timely report to the Management - monthly / quarterly /as per the requirements for the Outstanding BG status.
  4. Monitoring the expiring BGs for renewal or release of limit on timely basis
  5. Payment terms evaluation, negotiation with Regional Sales team for Orders
  6. Credit Assessment for New and Existing customers. Adherence to CP&P and Credit Control Policy
  7. Providing monthly information to BUs for collection plan, Disputes, AR > 1 year and driving the collection, resolving disputes and enabling the process of AR review for minimizing the P&L impact
  8. Monthly preparation of Collection forecast for Third party agency for aged invoices (AR > 120 days). Regular Co-ordination with Third party collection team for payment status & escalate help required cases to regions
  9. Direct Follow up with slow paying / defaulting customers for release of aged past dues. Co-ordinate with regional sales team for support towards collection of aged dues
  10. Support for monthly closing and audits.
Who You Are:
You take on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm. You build partnerships and working collaboratively with others to meet shared objectives building partnerships and working collaboratively with others to meet shared objectives. You handle conflict situations effectively, with a minimum of noise.

For This Role, You Will Need:
  1. Bachelor s degree in Commerce / MBA in Finance with 5-7 years of experience
  2. High Adaptability to manage complex payment issues s.
  3. Advance Excel Skills
  4. Strong and effective Communication skills
  5. Organisation skill to handle large volume of data
  6. Agility to manage multi Business data
  7. Working Knowledge of Oracle will be added advantage
  8. Ability to work with Diverse, multi regional teams
  9. Understanding of Credit Control, Collection process.

Our Offer to You:

By joining Emerson, you will be given the opportunity to make a difference through the work you do.

Emerson's compensation and benefits programs are designed to be competitive within the industry and local labor markets . We also offer a comprehensive medical and insurance coverage to meet the needs of our employees.

We are committed to creating a global workplace that supports diversity, equity and embraces inclusion . We welcome foreign nationals to join us through our Work Authorization Sponsorship .

We attract, develop, and retain exceptional people in an inclusive environment, where all employees can reach their greatest potential . We are dedicated to the ongoing development of our employees because we know that it is critical to our success as a global company.

We have established our Remote Work Policy for eligible roles to promote Work-Life Balance through a hybrid work set up where our team members can take advantage of working both from home and at the office.

Safety is paramount to us, and we are relentless in our pursuit to provide a Safe Working Environment across our global network and facilities.

Through our benefits, development opportunities, and an inclusive and safe work environment, we aim to create an organization our people are proud to represent.

Our Commitment to Diversity, Equity & Inclusion

At Emerson, we are committed to fostering a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work

environment contributes to the rich exchange of ideas and diversity of thoughts, that inspires innovation and brings the best solutions to our customers.

This philosophy is fundamental to living our company s values and our responsibility to leave the world in a better place. Learn more about our Culture & Values and about Diversity, Equity & Inclusion at Emerson .

If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: .




Employment Type: Full Time, Permanent

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Flexible timing
Monday to Friday
No travel
Day Shift
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Emerson Electric Co. Benefits

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Career Development Opportunities
Paid Parental Leave
Tuition Reimbursement for Approved Programs
Retirement Savings Programs
Healthcare
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Health Insurance
Cafeteria
Soft Skill Training
Job Training
Work From Home
Gymnasium +6 more
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