Credit Control Officer

3 weeks ago


Thane, India Algomatix technology pvt ltd Full time

Establishing credit limits and evaluating the creditworthiness of customers.
- Develop and implement effective credit control policies and procedures to minimise credit risk and improve collection efficiency.
- Managing credit and receivable accounts to contribute to the organisation’s overall financial stability and profitability.
- Monitoring credit exposure and minimising bad debt risks at the organisation.
- Maintaining positive relationships with customers, while effectively mitigating credit risks and ensuring timely collections.
- Conduct regular credit reviews and reassess credit limits based on payment history and changes in creditworthiness.
- Coordinating with other departments such as sales, customer service and finance to handle all credit-related matters appropriately.

**Your tasks**
- Monitor and manage the credit control processes, ensuring adherence to company policies and procedures.
- Evaluate and assess the creditworthiness of new and existing customers through financial analysis, credit checks and payment history review.
- Set appropriate credit limits for customers based on risk assessment and maintain accurate credit files and records.
- Monitor customer accounts to ensure timely payments and address any payment delays or discrepancies promptly.
- Engage with customers to establish payment plans, negotiate payment terms and resolve billing inquiries or disputes.
- Develop and implement strategies to minimize late or non-payment by customers, including initiating collection actions and negotiating payment plans.
- Generate regular reports on accounts receivable, collections and credit risk to management, highlighting areas of concern or improvement opportunities.
- Stay updated on industry trends and best practices related to credit control and propose process enhancements or system improvements when necessary.
- Maintain strong relationships with customers, providing excellent customer service and addressing their queries or concerns related to credit matters.

Pay: ₹25,000.00 - ₹40,000.00 per month

Schedule:

- Day shift

**Experience**:

- total work: 3 years (preferred)

Ability to Commute:

- Thane, Maharashtra (required)

Ability to Relocate:

- Thane, Maharashtra: Relocate before starting work (required)

Work Location: In person

**Speak with the employer**

+91 08097242863



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