Senior Manager

1 week ago


bangalore, India MEDGENOME Full time

Find your next role with MedGenome Labs Ltd. We are the market leader in clinical genomic space in India and offers a comprehensive rangeof diagnostic servicesto doctors and researchers. We operate the largest CAP accredited Next Generation Sequencing (NGS) lab in Southeast Asia housing cutting-edge genome sequencing platforms. MedGenome is the founding member of GenomeAsia 100K, an initiative to sequence 100,000 Genomes in Asia.


We have an exciting opportunity for the position of Senior Manager - Credit Control in Bengaluru location. It is a full time and work from office opportunity.


Skills and Experience Required:


  • 8+ years of experience handling credit management and Collections.
  • Responsible for all revenue invoicing and billing. Ensure quality, accuracy and
  • completeness of invoices to be raised.
  • Reconcile Order bookings with Billed revenue on a monthly basis. Maintain and track
  • the monthly difference, highlight variances from the trend if any.
  • Own and manage the accounts receivable process by tracking the invoicing of
  • customers, tracking payments, and following up on overdue accounts.
  • Track and analyze customer payment patterns by identifying areas where improvements
  • can be made to increase cash flow.
  • Keep customers up to date on their accounts by sending them statements, reconcile the
  • outstanding, and send them reminders to pay.
  • Keep sales team members up to date on their accounts by sending them outstanding
  • statements for their relevant customers and reconcile this .
  • Responsible to collect all revenues due to the company by tracking and following up
  • outstanding payments.
  • Ensure clients pay on time and collect past-due date payments by implementing
  • the accounts receivable policy.
  • Ensure all customers availing credit are bound by legal documentation to the pay the
  • Company in a timely manner. Where such documentation is not available, work with
  • relevant teams (legal, sales etc.) to get the requisite documentation in place.
  • Ensures payments are made accurately by monitoring the billing and collections
  • processes.
  • Identifies and mitigates risk through credit control policies on existing, new and
  • prospective clients.
  • Liaise with sales team to resolve any and all billing and invoicing related issues.
  • Oversee the daily operational tasks of the credit and collections team and make
  • suggestions to the FST team on techniques to incentivize customers to make timely
  • payments.
  • Monitor daily cash inflows by tracking invoices, deposits, and any payment collection
  • correspondence.
  • Provide accounts receivable reports to the relevant departments by compiling accounts
  • receivable activities, including ageing reports, cash forecasts, and collections analysis.
  • Ensure the company remains compliant with statutory requirements by keeping up with
  • industry and legislative changes and enforcing them.
  • Manage the accounts receivable team by training and mentoring them.



Educational Qualification:

Masters in Business Administrations or relevant studies.


If you are interested in this position, please click the APPLY NOW button for immediate employment consideration. We regret that due to volume of response, we can only contact initial successful applicants. If you have not heard from us within 7 days, then your application has been unsuccessful.


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