Credit Controller
1 week ago
**Job description of Credit controller**
**Location**: Hyderabad
**Years of Experience**:2 - 3 years relevant
- Developing and maintaining credit control program in collaboration with finance, sales, and executives
- Establishing policies to ensure customers pay on time and follow best customer service practices should be established.
- Setting loan terms and conditions according to consumer agreement and negotiating payment plans.
- Keeping track of all loan transactions, analysing credit-control systems regularly, and making changes as necessary to reduce bad debts.
- Reporting any payment problems to the management or the relevant team.
- Paying any outstanding invoices or payments promptly and following up if necessary.
- Finding ways to improve the collection of your debts.
- Implementing policies and procedures that guarantee timely payments while maintaining high customer retention.
- Reconciling complicated accounts that were escalated by the AR team
- Monitoring debtor balances to reduce DSO
- Ensuring that credit collection policies and procedures within your organization are adhered to
- Liaising with customers and internal staff, including the sales team.
- Evaluating new credit requests and client credit checks.
- Collecting and managing company debtors.
- Setting up terms of credits for clients
- Negotiating payment plans.
- Collecting all payments and debts
- Answering client questions.
- Processing invoices for debts paid
- Preparing reports and statements for the company accountant.
- Managing the sales ledger
- Liaising with customers, and the sales team.
- Assuming a proactive role in the collection and management of company debts
- Reviewing customers’ credit scores with banks and evaluating new credit requests
- Setting up terms and conditions for credit
- Ensuring timely payment
- Following up on payments as necessary
- Negotiating re-payment plans
**Requirements**:
- Bachelor’s degree required in mathematics, accounting, and finance.
- Previous experience as a credit controller.
- A good understanding of the legal complexities involved in loans, payment plans, interest rates, and other financial matters.
- Expertise in Office and Accounting Software
- Ability to reconcile complex accounts.
- Strong communication skills.
- Ability to deal with difficult clients.
**Salary**: ₹15,000.00 - ₹20,000.00 per month
Schedule:
- Day shift
Ability to commute/relocate:
- Himayath Nagar, Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- total work: 1 year (preferred)
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