Area Credit Manager - [Credit & Risk - Wheels]

PaisaBuddy is looking for Area Credit Manager - [Credit & Risk - Wheels] to join our dynamic team and embark on a rewarding career journey

The Area Credit Manager is responsible for managing the credit and collections activities within a specific geographical area or region

This includes assessing creditworthiness, setting credit limits, monitoring accounts receivable, and ensuring timely collections

Key Responsibilities:Credit Risk Assessment:Evaluate the creditworthiness of new and existing customers

Analyze financial statements, credit reports, and other relevant information to determine credit limits

Credit Policy Development:Develop and implement credit policies and procedures in line with company objectives

Ensure compliance with legal and regulatory requirements related to credit management

Credit Limit Determination:Set appropriate credit limits for customers based on risk analysis

Periodically review and adjust credit limits as needed

Customer Relationship Management:Collaborate with sales and customer service teams to understand customer needs and payment terms

Communicate credit decisions and policies to internal and external stakeholders

Collections Management:Monitor accounts receivable and aging reports to identify overdue payments

Implement and manage collections strategies to minimize delinquencies

Dispute Resolution:Investigate and resolve disputes related to billing and collections

Collaborate with sales and customer service to address customer concerns and facilitate prompt resolution

Reporting and Analysis:Prepare regular reports on credit and collections performance

Analyze trends and provide insights to senior management

Credit Training:Provide training to internal teams on credit policies, risk assessment, and collections procedures

Stay informed about industry best practices and changes in credit-related regulations

Credit Portfolio Management:Manage the overall credit portfolio for the assigned area

Develop strategies to optimize the balance between risk and revenue