Financial Risk Mitigator

4 weeks ago


Bengaluru, Karnataka, India Sri Sri Tattva Panchakarma Full time
Job Summary:

We are seeking a highly skilled Financial Risk Mitigator to join our team at Sri Sri Tattva Panchakarma. This is a challenging and rewarding role that requires strong analytical skills, excellent communication abilities, and a deep understanding of credit management principles.

In this position, you will be responsible for managing and optimizing our company's credit control processes, ensuring the effective collection of outstanding debts while minimizing the risk of bad debts. You will work closely with the finance team to support cash flow management and contribute to the overall financial health of the organization.

The ideal candidate will have a minimum of 5-7 years of experience in credit control or a related financial role, with at least 2 years in a senior or supervisory capacity. A Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field is also required. Professional certification such as ACA or ACCA is a plus.

You will be expected to develop and implement credit control policies and procedures, monitor and manage the company's credit risk by assessing the creditworthiness of new and existing customers, and maintain accurate and up-to-date customer credit information and credit limits.

You will also be responsible for overseeing and managing the collection of overdue accounts, including the resolution of disputes and discrepancies, conducting regular follow-ups with customers to ensure timely payments, negotiating payment plans and settlements with customers when necessary, preparing and presenting regular reports on aged debt, collection activities, and credit risk exposure to senior management, and analyzing customer payment trends to identify potential risks and develop proactive strategies.

This is an excellent opportunity to advance your career in credit management and make a significant contribution to the success of our organization.

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