Credit and Collection Analyst

o The candidate will be a taking over charge of Credit and Collections function for one of our component business division.

o The candidate will be responsible for assessing the credit worthiness of our customers/channel partners and recommend a suitable functional credit limit.

o Work closely with credit insurance team for aligning limits by providing qualitative and quantitative information.

o Following up with customers/channel partners for payment and resolving disputes (in any) and facilitating collection of payments by involving sales team.

o Actively engage in meeting customers along with sales Team.

o Identifying accounts with overdue payments and keeping records of the amount owed and the length of the delinquency.

o Carry out collection and reporting activities according to specific deadlines.

o Reconciling customer accounts.

o Maintain accounts receivable customer files with updated remarks.

o Follow established procedures for processing of invoices at customer end in order to get the payment on time.

o Investigate and resolve customer queries
o More preference is given in resolving the issues of the customers with the help of internal and external stakeholders team.
o Sending the daily Cashflow report to our senior management by the end of the day.

o Overall main objective of this role will be to ensure overall hygiene of the AR is maintained.

60% tasks will involve.

• Credit Assessment & Research
• Customer data maintenance in SAP - Credit Functions
• Working closely with Credit Insurance agency for alignment of limits.
• Extract AR Aging Report and update the status of payment on real time basis.
• Preparing Weekly, Fortnightly, Monthly collection forecast
• Coordinating with field runner for collecting the cheques from partners
• Furnishing details for KL team to account the receipts against respective invoices of partners

20% task will invlove

• Address and Resolve disputed cases by involving internal and external stakeholders

20% tasks will involve

• Sales Order Releases in SAP (Stage 2)
• DN/CN (Rebate, CD, Cogs related entries)
• Cheque return MIS
• TDS Reconciliation / Short deductions / Ledger Reconcilation
• Preparing and recommending a list of write off in consultation with India management team to pursue for further approval from senior management in region.
• Giving feedback on AR items for Incentive working
• Prepare a report for the cases wherein we need to initiate Legal Action - MIS
• Gathering all required documents and sharing it to Legal Team enable them to send a Legal Notice
• Follow up on Legal cases with our Legal team on checking the progress
• Closure of AR items in Bank Reconciliation report
• Monthly AR provision 
• Preparing a list of cases for insurance claim and inform Credit Team for raising a claim on insurance.
• NNP Reporting to Credit Insurance Agency & Maintaining a Tracker
• Liasening with Internal & External Auditors to fulfill Audit Requirements

• 5 to 8 Years of relevant work experience.

• MBA/PGDBA/MCOM/Bachelor's degree from Accounts and Finance stream.

• Operational working knowledge on SAP and MS Office is mandatory.

• Possesses strong data analytical skills.

• Able to recognize and attend to important details with accuracy and efficiency.

• Able to communicate clearly and convey necessary information.

• Able to interact effectively with all levels of management.

• Possesses strong organizational and time management skills, driving tasks to completion.

• Able to constructively work under stress and pressure when faced with high workloads and deadlines.

• Able to maintain and promote social, ethical, and organizational standards in conducting internal and external business activities.

• Able to work independently with minimum supervision.

• Able to maintain confidentiality of sensitive information

• Able to build solid, effective working relationships with others.

• Able to use relevant computer system applications at a basic level.

What's In It For You?

• Elective Benefits: Our programs are tailored to your country to best accommodate your lifestyle.
• Grow Your Career: Accelerate your path to success (and keep up with the future) with formal programs on leadership and professional development, and many more on-demand courses.
• Elevate Your Personal Well-Being: Boost your financial, physical, and mental well-being through seminars, events, and our global Life Empowerment Assistance Program.
• Diversity, Equity & Inclusion: It's not just a phrase to us; valuing every voice is how we succeed. Join us in celebrating our global diversity through inclusive education, meaningful peer-to-peer conversations, and equitable growth and development opportunities.
• Make the Most of our Global Organization: Network with other new co-workers within your first 30 days through our onboarding program.
• Connect with Your Community: Participate in internal, peer-led inclusive communities and activities, including business resource groups, local volunteering events, and more environmental and social initiatives.