Assistant Manager Collections

2 weeks ago

Mumbai, Maharashtra, India KnowledgeWorks Global Ltd. Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Credit and Collections Lead

  • Purpose & Responsible for Transitioning Credit and collection process and managing their BAU

Basic Function:

Duties and Responsibilities:

  • Manage collections of customer accounts for KnowledgeWorks Global Ltd. and any new
  • acquisitions to ensure timely payments and assign to outside collection agencies if
  • needed.
  • Access company bank accounts daily through online service to review payments for
  • collection activity and follow-up.
  • Evaluate customer accounts (for sites referenced above), establish payment plans,
  • maintain proper follow-up, monitor credit limits as necessary, and respond to invoice
  • questions/inquiries.
  • Prepare various daily, weekly, monthly, quarterly, and annual collections reports and
  • analytics, and develop collection reporting as requested for management.
  • Perform credit inquiries in the extension of credit to new customers for sites referenced
  • above.
  • Assist in the collection and analysis of financial data needed to close books and prepare
  • all cash-related journal entries.
  • Prepare monthly general ledger reconciliations for auditors.

Additional Accountabilities:

  • Follow all required safety procedures such as: PPE's, Ergonomics, etc. Perform job in a manner that protects the health and safety of all employees.
  • Assist with housekeeping in the Finance area.
  • Other duties as assigned.

Knowledge and Skills:

  • Excellent organizational and strong interpersonal skills
  • Thorough understanding of organizational collection policies
  • Strong analytical skills to research accounts
  • Experienced collections monitoring and development of reports
  • Computer literacy, especially with Windows, Excel and Word

Education and Work Experience:

  • Degree in Accounting preferred
  • 5 – 10 years accounting experience

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