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HCL Tech-Mega Walk in Drive for

3 months ago


Bengaluru, India HCLTech Full time

HCL Tech is Hiring.


HCL Tech-Mega Walk in Drive for -O2C- Collection-Bengaluru (Whitefield) on 31th AUG 2024


Experience: 1 to 5 Years

Shift Time: - UK Shift

Designations : - Analyst

Salary: - Best in Industry

Notice period :- Less than 30 Days


Walking Timing: - 11 AM to 1 PM


Walk-in Location: - HCL Technologies Limited, 8th Floor Unit-B Aviator Building ITPL SEZ Whitefield Road, Bengaluru, Karnataka 560066


Note::-

  • Candidate can attend the face-to-face interview rounds at below given venue and work location is at White field.
  • Formal Dress.
  • Looking for the candidates who can join immediately.
  • Willing to relocate at Bangalore


About the Role: OTC Collection


Overview of role, purpose, and scope


The role of Cash Collector covers all aspects of collections activity including:

  • Cash Collection
  • Account Management
  • Customer Relations
  • Accounts Reconciliation
  • Debt Collection Forecasting
  • Credit Management Account
  • Management through multiple revenue streams (GDO/2 Tier/Direct/Leasing)
  • Relationship building with Customers and Internal teams.


Key Role Tasks and Activities:


  • Collection of all accounts in the portfolio following the defined collection strategy and accountability of aged receivables as per defined metrics/SLAs
  • Implementation of credit/account management, ascertainment of the payment patterns and, if necessary, implementation of corrective measures.
  • Accountability for debt and cash targets achievement on a quarterly/monthly basis
  • Full compliance with all associated internal and Sarbox Controls
  • Written / oral communication on open balances + reconciliation of accounts for portfolio.
  • Assignment of correct risk categories for portfolio and agreement on payment plans in alignment with Risk team and Collection management.
  • Correct handling of UMCC as per ICMP guidelines
  • Timely and correct dunning process + handover of insolvent customers/ customers unwilling to pay to legal collections.
  • Implementation of service stops/ remove stops according to process.
  • Entry /resolution activities of /for queries (with regard to collection activities) with communication to customer
  • Participation in month end reporting closing activities in alignment with ICMP
  • Point of escalation for team members for complex issues.
  • Mentor for team, supporting and coaching on an ongoing basis.
  • Detection and help for process improvement opportunities for collection + system improvements.


Metrics/SLAs


  • 10-15 customers call a day (Estimated timing for a call and call preparation at an average of 45 mns- 60 mns)
  • Portfolios Days Overdue less than 30 days 60 + aged debt does not represent more than 10% of the total balance.
  • Ageing receivables in control No Value + activity opened more than 5 days.
  • UMCC in control, daily management: bank statement checked, remittance provided max 24h00 after the payment has been received.
  • Cash matching completed within 24 hours. No unmatched cash or credits on account for more than 30 days or 90 days respectively without an action plan in place. 1% of the total balance as per ICMP metrics.
  • Promise of payment status: maximum 2% failed promises over the total promises (value and volume) 98% accurate forecast (aged buckets and/or cash)
  • 100% adequate and effective utilization of Value + (volume of activities; volume of Promises of payments: Emails and Comment functionalities used in line with the Value + norms)
  • Average portfolio of 500 accounts for HPTP and 250 accounts for LPTPQOQ and YOY aged receivables improvements.
  • DSO YOY improvements YOY DD failure improvements (volume)


Qualifications: Any Graduate with relevant Experience



Interested candidates can share your profile to p.kranti@hcltech.com with below given details.


  • Name :-
  • Contact number:-
  • E-mail:-
  • Current location:-
  • Preferred location:-
  • Highest qualification:-
  • Total experience:-
  • Current Organization :-
  • Current CTC:-
  • Expected CTC :-


Document to be carried out:

1.Updated Resume / CV

2. Aadhar / ID Proof.

3. Vaccination certificate.


Equal Opportunity Statement: Include a statement on commitment to diversity and inclusivity.


Perks and Benefits:

  • Free Cab for female employees
  • International Trainers
  • World class exposure
  • Excellent working environment


How You'll Grow: At HCL Tech, We offer continuous opportunities for you to find your spark and grow with us. We want you to be happy and satisfied with your role and to really learn what type of work sparks your brilliance the best. Throughout your time with us, we offer transparent communication with senior-level employees, learning and career development programs at every level, and opportunities to experiment in different roles or even pivot industries. We believe that you should be in control of your career with unlimited opportunities to find the role that fits you best.


Why Us: We are one of the fastest-growing large tech companies in the world, with offices in 60+ countries across the globe and 222,000 employees our company is extremely diverse with 165 nationalities represented we offer the opportunity to work with colleagues across the globe we offer a virtual-first work environment, promoting a good work-life integration and real flexibility we are invested in your growth, offering learning and career development opportunities at every level to help you find your own unique spark. Career development opportunities at every level to help you find your own unique spark.