Collections Manager
4 days ago
Job Description: Collections Manager – Government SalesLocation- NoidaRole Overview-We are looking for a senior professional with 8–15 years of expertise in collections, receivables, and financial operations in the Government/PSU’s ecosystem. The role is focused on ensuring timely collection of receivables, reducing overdue payments, and safeguarding cash flow for the Government Sales vertical.The ideal candidate will bring a deep understanding of PSU/government payment cycles, procurement-linked invoicing, and compliance norms. This position demands strong financial discipline, documentation rigour, and proven success in recovering large-scale dues from ministries, departments, and public enterprises.---Key Responsibilities-1. Collections & Receivables Management· Drive end-to-end collections for government/PSU accounts, ensuring timely realization of payments.· Monitor outstanding receivables, DSO (Days Sales Outstanding), and overdue accounts; implement corrective action plans.· Establish efficient escalation mechanisms to resolve long-pending dues.2. Process Compliance & Documentation· Oversee accurate invoicing, supporting documentation, and adherence to CBC (DAVP) / NFDC, State -DIPR, PSU’s and Media Agencies, and government Autonomous bodies / finance norms.· Ensure compliance with Gem, e-procurement portals, and PSU payment guidelines.· Maintain audit-ready records of collections, reconciliations, and payment trails.3. Stakeholder Coordination· Liaise with government/PSU accounts, finance, and procurement teams for payment clearances.· Partner with internal sales, legal, and finance teams to resolve disputes or compliance gaps affecting collections.· Represent the company in financial review meetings with PSU/government stakeholders.4. Risk Management & Reporting· Conduct regular aging analysis of receivables and highlight high-risk accounts.· Provide weekly/monthly dashboards on collections, cash flow forecasts, and overdue recovery status to leadership.· Develop mitigation strategies to minimize exposure to delayed payments.5. Team Leadership· Lead a team of collections professionals dedicated to the government vertical.· Build capability in handling government/PSU payment systems and compliance-driven financial processes.· Foster accountability, efficiency, and follow-through in the collections function.---Required Qualifications-· Bachelor’s or master’s degree in finance, Accounting, or Business Administration.· 8–12 years of experience in collections, receivables, or financial operations, preferably in media, infrastructure, or service-based sectors working with PSUs/government clients.· Strong knowledge of government procurement norms, DAVP protocols, PSU payment systems, and DIPR finance processes.· Proven record of recovering high-value receivables and reducing overdue payment cycles.· Excellent skills in financial analysis, reconciliation, and reporting.---Preferred Skills-· Familiarity with GeM, e-procurement platforms, and PSU e-payment cycles.· Strong negotiation and conflict resolution skills in payment-related discussions.· Proficiency in MS Excel, ERP/finance systems, and MIS reporting.· Ability to thrive in a compliance-heavy, documentation-driven environment.
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uttar pradesh, India Republic World Full timeJob Description: Collections Manager – Government Sales Location- Noida Role Overview- We are looking for a senior professional with 8–15 years of expertise in collections, receivables, and financial operations in the Government/PSU’s ecosystem. The role is focused on ensuring timely collection of receivables, reducing overdue payments, and...
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