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Opening for Associate/ CFSR in Andheri east with leading Corporate Co.

Keywords / Skills : "Credit Control", Collection, "debt management", "credit and risk management", "credit controller",

2 - 11 years
Posted: 2018-05-17

Industry
Courier/ Freight/ Transportation
Any
Function
Finance & Accounts
Role
Credit Control & Collections
Education
Any graduate, B.Com
Posted On
17th May 2018
Job Description
Qualification- graduate

Work experience - 2 or more years exp in Credit control/ Collections

Department- Finance & Administration

Objective-

Assist in monitoring & Supervising the Credit Control activities in order to manage collections effectively. Assist in monitoring service claim cases and facilitate resolution in order to resolve claims efficiently. Assist in monitoring implementation of internal control systems, facilitate and provide support for audits. Assist in monitoring and manage accounting activities, analyze & facilitate preparation of financial & management reports in order to give update and timely information.

JD-

Credit And Risk Management

Advise accounts, which require higher-level credit checks

Advise withdrawals of credit facilities to customers who have exceeded predetermined credits limits

Advise the RFM/Credit Control Supervisor w.rt to institute collection proceedings for all unqueried balance over predetermined aged

Proactively assess client intentions and financial soundness of clients through various apparent and market feedback and advise RFM/Supervisor/RM regarding need to withdraw credit facilities

Withdraw credits to small customers if average trading below the policy threshold

Systematic Collection

Assist in ensuring those collections targets set by RFM/RCCM are met monthly without fail

Assist in ensuring that automatic dunning letters are sent to the customers whose invoices are due for payment and are not under query

Ensure that large payments are collected from clients as they fall due

Maximize collections in advance of vacation period and ensure leave cover

Formalize all other areas of collection methodology

Ensure regular daily collection to avoid month end pressures

Plan monthly activity to ensure both old and current debts are attended to and collected

Record Keeping

To ensure that all remittances and collections are documented and allocated punctually through receipt entries

Review ledger with the respective Credit Controllers for open items and under and over and ensure points are actioned

Assist in ensuring timely completion of Credit note / A entries along with adequate supporting per policy

Maintain diaries etc., to plan/ prioritize collection process. Also maintain one point document like monthly ledger copies or customer wise diary to record all communication, visits etc., to each client

Ensure purely excess credit balances are transferred out of accounts receivables records and other credits are appropriately adjusted against open items

Ensure timely collection of TDS certificates and follow-up of O/s TDS certificates in the respective territory

Productivity & Reporting

Report weekly and monthly performance and productivity indicators

Administrative Responsibility

To assist in ensuring payment of telephone and electricity, rent, water, paging services and other supplier’s conveyance, octroi in order to avoid penalty

To procure stationery / Ops consumables

Coordinate with branch head to maintain branch equipment / cleanliness

To ensure security of assets

To liason with Telephone and Govt bodies like Shops & Establishment Act / Weighing Scale Calibration requirements

To prepare vouchers/bank work and reconcile/handle petty cash/salaries and wages/cash cons and customs duty

Queries Management

Coordinate with Query officer to ensure that receivable invoice queries are accurately and completely logged by reason code on a timely basis

Assist in ensuring that receivable invoice queries are accurately and completely logged by reason code on a timely basis

Assist in ensuring that customers are kept informed of the invoice query status

Assist in ensuring that queries are quickly resolved

Assist in ensuring that credit note is promptly approved and processed, should it be required



About Company

Its for a leading courier company in Andheri east
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