Financial Risk Manager

4 days ago


Ellore, Andhra Pradesh, India beBeeCredit Full time ₹ 10,00,000 - ₹ 12,00,000
Credit and Collections Manager Role

The Credit and Collections Manager oversees the credit control function, ensuring timely collection of outstanding receivables and minimizing bad debts.

Key Responsibilities:
  • Credit Management
    • Develop and implement credit policies and procedures to minimize risk.
    • Evaluate customer creditworthiness through financial analysis and risk assessments.
    • Approve or recommend credit limits and payment terms.
  • Receivables Management
    • Monitor accounts receivable to ensure timely debt collection.
    • Review and reconcile customer accounts regularly.
    • Ensure accurate and timely allocation of receipts.
  • Collections
    • Lead and manage collections team to follow up on outstanding invoices.
    • Resolve invoice disputes and escalate problematic cases.
    • Maintain regular contact with key customers to secure payments.
  • Reporting & Analysis
    • Prepare reports on receivables, aging, DSO (Days Sales Outstanding), and collection efficiency.
    • Highlight high-risk accounts and overdue balances to management.
  • Stakeholder Collaboration
    • Collaborate with Sales, Legal, and Customer Service teams to resolve credit issues.
    • 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 credit policies and regulatory requirements.
    • Support internal and external audit processes.


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