Collection Executive

JOB TITLE:

- Collection Executive

JOB TYPE:

- Full Time

JOB LOCATION:

- Pune

DEPARTMENT:

- HR

EXPERIENCE:

- 5+

QUALIFICATION:

- Finance, Account, MBA

COMPANY DISCRIPTION:

- HYT engineering company Pvt Ltd formerly known as HYT Engineering Corporation started its operation in 1977 with manufacturing drilling machines and lathes. Since then the company has grown into a technology driven organization which has manufactured over 900 machines adopting international standards. HYT Engineering Company Pvt Ltd has an Ultra-Modern Facility of 16000 square metres for design, manufacturing and testing of machines. A team of 500 High skilled, semi-skilled manpower and 350 staff members including qualified engineers is devoted to fulfil all customer requirements. We are having a Service set up in PAN India with a dedicated team of 150 Service Engineers. HYT has developed and established agencies for maintaining our machines on the global platform as well. We at HYT are constantly upgrading technology to provide economical solutions for challenging demands. We believe in providing turnkey solutions from design, manufacturing to after sales maintenance. Our unique approach towards planning and prompt execution has made us a dominant player in the infrastructure industry also. HYT is widely acclaimed for its design excellence, innovation and customer centric attitude.

ROLES AND RESPOSIBILITY:

- Debtors Updating : Maintain accurate records of debtor accounts, including updates on transactions related to AMC/OTR/SPARE.
- Preparation of Payment Advices: Generate payment advisories for AMC/OTR/SPARE transactions, ensuring accuracy and timeliness.
- Monitor Suspense Payments: Regularly review suspense payments and take necessary actions to reconcile and resolve outstanding balances.
- Due Payment Letter: Prepare and send due payment letters to debtors for outstanding balances, adhering to established timelines and protocols.
- Customer/Debtors Reconciliation: Conduct reconciliations between customer accounts and debtor records to identify discrepancies and resolve issues promptly.
- Outstanding Follow-up with Marketing Manager & Consignee: Collaborate with Marketing Managers and consignees to follow up on outstanding payments, providing necessary support and documentation.
- Coordination with Marketing Manager for JRN & PTC: Coordinate with Marketing Managers to facilitate the processing of Job Receipt Notes (JRN) and Purchase Tax Certificate (PTC) for debt collection purposes.
- Coordination with Delhi Team for PTC Payment: Liaise with the Delhi team to facilitate payments related to Purchase Tax Certificate (PTC) for efficient debt recovery.
- Generation of Power of Attorney's: Prepare and issue Power of Attorney documents as required for debt collection activities.
- Generation of SD&BG Refund Letter: Generate letters for Security Deposit (SD) and Bank Guarantee (BG) refunds upon receipt of final payments from debtors.
- Generation of BG Received Letter: Prepare letters acknowledging the receipt of Bank Guarantees (BG) for submission to the bank as per established procedures.
- Follow-up with Contractor for Shramik Kalyan Document: Communicate with contractors to obtain necessary Shramik Kalyan documents for compliance purposes.

SKILLS REQUIRED:

- Communication Skills
- Negotiation Skills
- Persistence
- Problem-Solving Skills
- Emotional Intelligence
- Organizational Skills
- Customer Service Skills
- Financial Knowledge

**Job Types**: Full-time, Permanent

Pay: ₹300,000.00 - ₹500,000.00 per year

**Benefits**:

- Cell phone reimbursement
- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Work Location: In person