Executive For Accounts Receivable / Coordination

Role & responsibilities

1. Overdue Analysis & Reporting:

Analyze overdue payments and prepare detailed reports for management on outstanding receivables and collection performance.

Identify potential risks associated with delayed payments and provide recommendations for proactive management of overdue accounts.

Prepare and present monthly/quarterly collection and aging reports, highlighting trends, challenges, and action points for resolution.

2. Payment Reminders:

 Regularly track B2B customer payment schedules and send timely payment reminders via email, phone calls, and other communication channels.

 Maintain a structured follow-up schedule for outstanding payments, ensuring prompt escalation in case of delays.

 Work closely with sales and customer service teams to address and resolve any payment-related issues or discrepancies.

3. Payment Collection:

 Monitor and manage the collection of payments from B2B customers, ensuring adherence to the agreed credit terms.

 Coordinate with the accounts receivable team to ensure payments are correctly recorded in the system.

 Liaise with customers to facilitate seamless payment processes and resolve any invoicing disputes or concerns.

4. Credit Control Support:

 Assist the finance team in evaluating customer creditworthiness and ensuring that credit policies are adhered to.

 Collaborate with the sales team to review customer accounts and payment histories to mitigate risks and ensure smooth collection processes.

5. Process Improvement:

 Continuously evaluate and improve the payment reminder and collection processes to enhance efficiency and reduce overdue receivables.

 Implement best practices in payment collection strategies to minimize overdue accounts..

Preferred candidate profile

Bachelors degree in Accounting, Finance, or related field.

3-4 years of experience in B2B payment collection, overdue analysis, or credit control.

Strong understanding of accounts receivable processes, credit policies, and payment terms.

Excellent communication to effectively interact with clients and internal teams.

Proficiency in Tally and MS Office (particularly Excel for reporting and analysis).

Strong analytical skills to track, evaluate, and present overdue accounts data.

Ability to work independently and in a team, with strong attention to detail and time management skills.

Perks and benefits

As per the company standards.