Credit Control Executive

2 days ago

Mumbai, Maharashtra, India Mumbai Rozgaar Full time ₹ 4,00,000 - ₹ 8,00,000 per year

Job Description:Job Description – Credit Control ExecutivePosition Title: Credit Control ExecutiveDepartment: Finance & AccountsReports to: AGM – FinanceLocation: WorliRole Objective:To support the credit control function by monitoring receivables, following up withcustomers for timely collections, maintaining accurate debtor records, and assisting inreducing overdue balances in line with company credit policies.Key Responsibilities:Area ResponsibilitiesReceivablesTracking- Maintain daily records of outstanding invoices and customer balances.- Prepare customer account statements and share with clients periodically.- Update payment receipts in ERP/accounting system.CollectionsFollow-up- Regularly contact customers via calls, emails, and reminders for overduepayments.- Coordinate with sales team for resolving billing/payment issues.- Escalate chronic defaulters to Manager for further action.Credit ControlSupport- Assist in verifying credit limits before sales orders are processed.- Record disputes/short payments and ensures timely resolution.Reporting &Analysis- Generate debtor ageing reports weekly/monthly.- Highlight overdue accounts and pending disputes to the Manager.- Support preparation of MIS on receivables collection efficiency.Coordination - Liaise with internal teams (Sales, Accounts, Operations) for faster issueresolution.- Provide account statements/documents to auditors as required.Key Performance Indicators (KPIs): Timeliness and accuracy in updating collections in ERP. % of outstanding receivables within credit terms. Number of overdue accounts followed up on time. Reduction in debtor ageing (especially >90 days). Efficiency in dispute resolution follow-up.Skills & Competencies Required: Strong communication and persuasion skills. Basic understanding of credit and collections process. Good command over Excel and ERP systems (SAP/Oracle/Tally). Attention to detail and disciplined follow-up ability. Team player with a customer service orientation.Qualifications & Experience: Education: B.Com / M.Com Experience: 4 to 6 years in accounts receivable/credit control role.

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