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236 NI India Jobs
Assistant Manager / Manager - Collections
NI India
posted 3mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
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:
- 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
- Monitoring the Advance collection process against BGs.
- Ensuring timely report to the Management - monthly / quarterly /as per the requirements for the Outstanding BG status.
- Monitoring the expiring BGs for renewal or release of limit on timely basis
- Payment terms evaluation, negotiation with Regional Sales team for Orders
- Credit Assessment for New and Existing customers. Adherence to CP&P and Credit Control Policy
- 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
- 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
- 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
- Support for monthly closing and audits.
- Bachelor s degree in Commerce / MBA in Finance with 5-7 years of experience
- High Adaptability to manage complex payment issues s.
- Advance Excel Skills
- Strong and effective Communication skills
- Organisation skill to handle large volume of data
- Agility to manage multi Business data
- Working Knowledge of Oracle will be added advantage
- Ability to work with Diverse, multi regional teams
- Understanding of Credit Control, Collection process.
Employment Type: Full Time, Permanent
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