Senior Account Receivable Specialist

1 day ago


Mangalore, Karnataka, India beBeeCredit Full time ₹ 80,00,000 - ₹ 1,25,00,000

Job Description:

The role of Senior Account Receivable Specialist is a key position in our organization, responsible for leading the credit control function to ensure timely collection of outstanding receivables, minimizing bad debts, and maintaining healthy cash flow.

Key Responsibilities:

  1. Credit Management:
  • Develop and implement effective credit control policies, procedures, and credit limits.
  • Evaluate new and existing customer creditworthiness through financial analysis, credit scoring, and risk assessments.
  • Approve or recommend credit limits and payment terms.
Receivables Management:
  • Monitor the accounts receivable ledger to ensure all debts are collected in a timely manner.
  • Review and reconcile customer accounts regularly.
  • Ensure accurate and timely allocation of receipts.
Collections:
  • Lead and manage the collections team to follow up on outstanding invoices.
  • Resolve invoice disputes and escalate problematic cases to management.
  • Maintain regular contact with key customers to secure payments.
Reporting & Analysis:
  • Prepare weekly/monthly reports on receivables, aging, DSO (Days Sales Outstanding), bad debt provisions, and collection efficiency.
  • Highlight high-risk accounts and overdue balances to senior management.
Stakeholder Collaboration:
  • Work closely with the Sales, Legal, and Customer Service teams to resolve credit issues and support customer relationships.
  • Liaise with external credit rating agencies and legal advisors when required.
Team Leadership:
  • Manage, train, and motivate the credit control team.
  • Set performance KPIs and review team performance regularly.
Compliance:
  • Ensure adherence to company credit policies and regulatory requirements.
  • Support internal and external audit processes.


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