Credit and Accounts Receivable Executive/Manager

Role & responsibilities

• Monitor customer accounts for timely collection and address delays/discrepancies promptly.
• Prepare weekly Debtor aging reports and discuss with regional heads.
• Maintain continuous reconciliation of customer accounts to ensure accuracy and integrity of financial records.
• Pass regular bank receipt entries and Knock-off invoices based on payment advices shared by customers.
• Regularly reconcile TDS receivables with customer accounts to guarantee precision and compliance with regulatory requirements.
• Maintain accurate records of customer/vendor limits and analyze the effectiveness of the credit control system.
• Manage credit and receivable accounts to contribute to the organization's financial stability and profitability.
• Generate regular reports on accounts receivable, collections and credit risk.
• Foster strong customer relationships, providing excellent service and addressing credit-related queries/concerns.
• Engage with customers to establish payment plans, negotiate terms and resolve billing inquiries/disputes.

Preferred candidate profile

• Bachelors degree in finance, accounting or a related field.
• 3+ years of experience in managing credit and accounts receivables or in a similar credit management role.
• Strong knowledge of credit control principles, practices and regulations in India.
• Familiarity with Indian banking and credit regulations and customer segmentation.
• Proficiency in using financial software and credit management tools.
• Excellent analytical skills with the ability to evaluate financial information, perform risk assessments and make informed credit decisions.
• Knowledge of Microsoft Office Suite, Indian accounting software and databases.
• Ability to implement accounting principles and practices effectively.
• Exceptional attention to detail and accuracy in data entry and documentation.
• Outstanding communication and negotiation skills, with the ability to build rapport and effectively resolve conflicts.