Finance Collection Specialist

7 days ago

Mumbai, Maharashtra, India Kantar Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

Candidate to take care of complete responsibility from bill dispatch to final knocking of invoice in Maconomy. Which will involve the following major action items: -

  • The Billing team will get invoice instructions from CS/ PM Team, Collection team to ensure 100% emails marked to clients are available with them for chase up at later stage.
  • Collection team to cross check that invoices are reached to the correct person for processing.
  • Collection team to create client chase up mechanism of regular intervals.
  • Collection team to send regular reminders for payments reminding Due date. & ensure using Scripts of Email for standard experience from Kantar.
  • To ensure all kind audit requirements with respect to the Collection department are met.
  • To ensure the status of each invoice is communicated back on a weekly basis.
  • To engage with Business & other back-end teams to resolve client issues as a priority.
  • To report daily collections for knocking of invoices in Maconomy (accounting software).

Qualifications & Experience:

  • Candidate should have bachelors degree as minimum with preference to BCOM or other equivalent commerce courses.
  • Candidate must have a minimum of 3-5 years of experience in working in collection environment.
  • Experience of collection in the service sector will be an added advantage

KRA:

  • Annual Collection Resolution must be 85%+ of (Opening Aging + Billing During the Year)
  • Due unpaid must be less than 7%.
  • Due unpaid + 30 Days must be less than 3.5%.
  • 180+ Balance must be less than 0.5% of closing aging.
  • Debtor Sales Outstanding must be less than 70 days.

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