Area Receivable Manager
5 days ago
Pune, Maharashtra, India
Equitas Small Finance Bank
Full-time
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Key Responsibilities
Accounts Receivable Management
- Monitor and manage customer receivables across the assigned region.
- Ensure timely collection of outstanding invoices and reduction of overdue balances.
- Track aging reports and implement collection strategies for delinquent accounts.
- Maintain accurate records of customer payments and account status.
Credit Control & Risk Management
- Evaluate customer creditworthiness and recommend credit limits.
- Ensure adherence to company credit policies and approval processes.
- Identify high-risk accounts and take proactive measures to mitigate bad debts.
- Coordinate with stakeholders for timely recovery actions.
Collection & Recovery
- Develop and execute collection plans to achieve receivable targets.
- Follow up with customers, dealers, distributors, and channel partners for payments.
- Resolve disputes related to invoices, deductions, and payment delays.
- Support legal or recovery proceedings when required.
Stakeholder Management
- Collaborate with Sales, Operations, and Finance teams to ensure smooth receivable processes.
- Provide periodic updates to management on collection performance and receivable status.
- Build strong relationships with customers while ensuring financial discipline.
Reporting & Analysis
- Prepare daily, weekly, and monthly receivable reports.
- Analyze collection trends, overdue accounts, and aging performance.
- Generate MIS reports and recommend corrective actions.
- Support audits and compliance requirements related to receivables.
Process Improvement
- Identify opportunities for improving collection efficiency.
- Recommend automation and process enhancements in receivable management.
- Ensure compliance with internal controls and company policies.