Payment Recovery

2 weeks ago

Jaipur, Rajasthan, India Tempsens Instruments Full time ₹ 4,00,000 - ₹ 6,00,000 per year
Job Information

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 Description
Job 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.
Required Skills & Qualifications:
  • 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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