
Payment Recovery
1 week ago
Date Opened
09/23/2025
Industry
Manufacturing
Job Type
Full time
Work Experience
0-1 year
City
Girwa
State/Province
Rajasthan
Country
India
Zip/Postal Code
313004
Job DescriptionJob Title: Payment Recovery Executive
Experience: 1 Year
Qualification: Master's Degree in Commerce
Location: Udaipur
Employment Type: Full-Time
Job Summary:We are seeking a proactive and detail-oriented Payment Recovery Executive to manage outstanding customer payments and support our finance team. The ideal candidate will have a strong grasp of basic accounting and finance principles, excellent communication skills, and hands-on experience in using tools like SAP for tracking payments and updating records.
Key Responsibilities:- Payment Follow-ups: Make calls and send emails to customers for overdue payments.
- Payment Reminders: Prepare and dispatch timely payment reminder notices.
- Bank Reconciliation: Monitor and verify payments through bank statements.
- Customer Communication: Explain outstanding dues, billing details, and payment terms clearly to customers.
- System Updates: Update payment status and relevant details accurately in SAP or other ERP systems.
- Cross-Department Coordination: Collaborate with Sales, Billing, and Customer Service departments to resolve disputes or issues delaying payments.
- Reporting: Prepare and maintain daily/weekly MIS reports of collections, pending dues, and recovery progress.
- Target Tracking: Track recovery targets against actual collections and highlight any discrepancies or concerns.
- Documentation: Maintain proper documentation of communication and follow-ups for audit and compliance purposes.
- Master's Degree in Commerce (M.Com or equivalent).
- Minimum 1 year of experience in payment recovery, accounts receivable, or credit control.
- Working knowledge of basic accounting and finance principles.
- Hands-on experience with SAP or similar ERP systems.
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