Finance Superintendent, Credits

4 weeks ago

Chennai, India ITC Full time

PURPOSEOF THE JOB:

Pricing,Claim accounting, IFOR updating, Credit insurance, remittance accounting, Salesreturn, New Selling Arrangement, Balance confirmation,

KEYFOCUS AREAS:

Pricing updating for customer.
Accounting for claims
IFOR updating.
Credit insurance.
Remittance
Sales Return
New selling Arrangement
Balance confirmation
Charging of interest
PRINCIPAL ACCOUNTABILITIES:
Pricing updating for customer.

a)Checking the correctness of the scheme/discountupdated in the system

b)Checking of invoices post accounting for schemes& discounts to check the correctness of the scheme & discount updating

c)Checking of invoice factor on any amendment to the VATrate

d)checking of tax rate for the relevant customers

e)Reconciliation of monthly invoices with the schemes& discounts provided by marketing

f)Answering to marketing for the queries relating toabove

Accounting for claims

a)Comparing the schemes/discount papers receivedagainst the amount ascertained

b)Analyzing the actual scheme/ discount with thebudget

c)Ascertaining the monthly provision against salesmade and intimating to accounts team

·IFOR updating

a)Verifying the correctness of the IFOR limit &period updated

b)Preparation of the MC request for IFOR limit &period received from marketing

c)Checking the criteria of customers having balancesmore than 6 months, balance confirmation defaulters and intimate to marketing

·Creditinsurance

a)Providingdata pertaining to the customers falling under overdue

b)Monitoringthe movement of the customers both fallen due for payment as well new customersfalling under the overdue category

c)Ensuringthe necessary documents are sent to the insurance company for lodging notification/claim

Remittance

a)Ensuringthat remittance is done on the same day of the receipt

b)Monthly report to themarketing of the collections made branch-wise

Sales Return

a)Checkingof the invoice factors pertaining to the invoices for the last SKUs sold in thepast

b)Checkingwhether the material has been physically received at the warehouse and manualGRN has been taken at the warehouse.

c)Checkingwhether the sales return has been duly authorized

d)Checkingthe correctness of the Sales return value manually computed and passing entryto the difference of the system generated and manual amount computed.

New Selling Arrangement:

a)Ensuringall new customers are created in the system after duly authorized

b)Checkwhether the required documents are submitted for creation of a new customer

c)Periodicallyreview whether any change in the constitution of the party has been reported toensure that new customer code is created for them

Balance confirmation:

a)Toensure that balance confirmation is sent to all the parties on a monthly basisand the proof of sending the same is maintained for records

b)Periodicallytake it up with marketing on the pending balance confirmation from thecustomers.

c)To resolve the issueshighlighted in the balance confirmation by the parties such as the pendingcredit notes, excess amount debit etc.

Charging of interest:

a)Chargingof interest on the overdue balances of the customers on a monthly basis

b)Tocheck periodically all variables for computing sales return are considered inSAP

c)Answeringto marketing queries on the interest computation

Back office for procurement /Operations function

§Approvals in place as per CASP / DASP / SOP/MASOP/Credit Policy related to above areas

Vendor management

Annualbusiness Plan

§Providing data for claims accounted during the year

§Providing data for average invoice factor billed during the year

§Providing data for customer details and the remittance made duringthe period

MIS Reporting

·Credit note accounted and pending accounting fromfinance end

People Development

·Training in the areas of people skill to liaison withmarketing team

·SAP Training

Code of conduct and ensuringcompliance of statutory norms

KEYSUCCESS FACTORS:

§Errorfree schemes & discounts updating for customers

§Timelyaccounting for claims

§Errorfree IFOR updating for customers

§Timelysales return accounting for customers

§Timelycharging of interest for overdue customers

INTERNALLINKAGES:

Asst. Finance Manager, Headof Finance, AEs, ASMs

EXTERNALLINKAGES:

WDs,

Requirements

  • Finance Superintendent, Credits

    3 weeks ago

    chennai, India ITC Full time

    PURPOSEOF THE JOB: Pricing,Claim accounting, IFOR updating, Credit insurance, remittance accounting, Salesreturn, New Selling Arrangement, Balance confirmation, KEYFOCUS AREAS: Pricing updating for customer. Accounting for claims IFOR updating. Credit insurance. Remittance Sales Return New selling Arrangement Balance confirmation ...

  • Finance Superintendent, Credits

    4 weeks ago

    chennai, India ITC Full time

    PURPOSEOF THE JOB: Pricing,Claim accounting, IFOR updating, Credit insurance, remittance accounting, Salesreturn, New Selling Arrangement, Balance confirmation, KEYFOCUS AREAS: Pricing updating for customer. Accounting for claims IFOR updating. Credit insurance. Remittance Sales Return New selling Arrangement Balance confirmation ...

  • Fleet Superintendent

    2 months ago

    chennai, India V.Group Full time

    Vacancy NameFleet SuperintendentVacancy NoVN13460Location CountryIndiaWork LocationChennaiWho are V?As a global leader in ship management and marine services, we add value to a vessel’s operations. Operating around the clock and around the world, V. gives every client the quality and efficiency they need in every sector. Covering crew management and...

  • Fleet Superintendent

    2 months ago

    Chennai, India V.Group Full time

    Vacancy NameFleet SuperintendentVacancy NoVN13460Location CountryIndiaWork LocationChennaiWho are V?As a global leader in ship management and marine services, we add value to a vessel’s operations. Operating around the clock and around the world, V. gives every client the quality and efficiency they need in every sector. Covering crew management and...

  • Fleet Superintendent

    7 days ago

    Chennai, Tamil Nadu, India V Full time

    Vacancy NameFleet SuperintendentVacancy NoVN13460Location CountryIndiaWork LocationChennaiWho are V?As a global leader in ship management and marine services, we add value to a vessel's operations. Operating around the clock and around the world, V. gives every client the quality and efficiency they need in every sector. Covering crew management and...

  • Fleet Superintendent

    2 weeks ago

    Chennai, Tamil Nadu, India V Group Limited Full time

    **Vacancy No** - VN13100 **Employment Type** - Permanent **Location Country** - India **Work Location** - Chennai **Who are V?** - As a global leader in ship management and marine services, we add value to a vessel’s operations. Operating around the clock and around the world, V. gives every client the quality and efficiency they need in every sector....

  • Fleet Superintendent

    3 days ago

    Chennai, Tamil Nadu, India V Group Limited Full time

    **Vacancy No** - VN13645 **Employment Type** - Permanent **Location Country** - India **Work Location** - Chennai **Who are V?** - As a global leader in ship management and marine services, we add value to a vessel’s operations. Operating around the clock and around the world, V. gives every client the quality and efficiency they need in every sector....

  • Credit Officer

    1 week ago

    Ambattur, Chennai, Tamil Nadu, India Futron Finance Private Ltd. Full time

    Company Name - Futron Finance Private Limited. Role - GCO (Group Credit Officer) Product - Group Loan Qualification - Minimum HSC Location - All Over Tamilnadu Location CTC- 1.75 LPA to 2.75 LPA Interview Mode - Telephonic Round (Online Video Call) Criteria - Must Have 1 to 4 year's relevant experience as Credit Officer. **Salary**: ₹11,997.77 -...

  • Senior Technical Superintendent based in Hong Kong

    2 months ago

    Chennai, India Comaea Consulting Full time

    ComaeaConsulting has been retained exclusively for a new opportunity witha MNC in the shippingindustry.SeniorTechnical Superintendent BulkCarriers(Basedin HongKong)ORGANIZATION:As a key person inthe Technical Department you will be in charge of the technical andgeneral management of a fleet of bulk carriers and report to themanagement team. Your tasks...

  • Manager, Credit Control

    3 weeks ago

    Chennai, Tamil Nadu, India Tech Data Advanced Private Limited Full time

    Job Purpose: This position will oversee the Credit & Collections function of APJ TD SYNNEX's Center of Excellence (CoE) location. This role requires setting up a full-fledged centralized Credit & Collections team to support our businesses across APJ countries. You will lead credit management and analysis, the cash collections process, and ensure teams...

  • Manager, Credit Control

    2 months ago

    Chennai, Tamil Nadu, India Tech Data Advanced Private Limited Full time

    Job Purpose: This position will oversee the Credit & Collections function of APJ TD SYNNEX's Center of Excellence (CoE) location. This role requires setting up a full-fledged centralized Credit & Collections team to support our businesses across APJ countries. You will lead credit management and analysis, the cash collections process, and ensure teams...

  • Credit Head

    7 days ago

    Chennai, Tamil Nadu, India Saaki, Argus & Averil Consulting Full time

    About Client: Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products. About Role: The incumbement will be responsible for overall administration & operational responsibility of the credit function by...

  • Credit Head

    2 months ago

    chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products. About Role: The incumbement will be responsible for overall administration & operational responsibility of the credit function...

  • Credit Head

    1 week ago

    chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products. About Role: The incumbement will be responsible for overall administration & operational responsibility of the credit function...

  • Credit Head

    7 days ago

    Chennai, Tamil Nadu, India Talent Syndicate Private Limited Full time

    Position Overview:We are seeking a highly experienced and dynamic Credit Underwriting Manager to lead our credit underwriting team. The ideal candidate will have extensive experience in credit risk assessment, underwriting processes, and portfolio management. As a Credit Underwriting Manager, you will be responsible for overseeing the credit underwriting...

  • Credit Head

    2 months ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products. About Role: The incumbement will be responsible for overall administration & operational responsibility of the credit function by...

  • Credit Head

    3 weeks ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products. About Role: The incumbement will be responsible for overall administration & operational responsibility of the credit function by...

  • credit counsellor

    7 days ago

    Chennai, Tamil Nadu, India Arting Digital Private Limited Full time

    Job DescriptionJob title credit CounselorExperience 1yBudget 2.4lpa Location ChennaiSkills telesales, finance, credit sales.Requirements 2women Skill RequirementsGood communication Well-versed with social media apps (WhatsApp, Facebook, Instagram, Telegram etc)Experience doing research using multiple sources.Excellent writing and editing skills.Ability to...

  • credit counsellor

    7 days ago

    Chennai, Tamil Nadu, India Arting Digital Private Limited Full time

    Job Description Job title credit CounselorExperience 1yBudget 2.4lpa Location ChennaiSkills telesales, finance, credit sales.Requirements 2women Skill Requirements Good communication Well-versed with social media apps (WhatsApp, Facebook, Instagram, Telegram etc) Experience doing research using multiple sources. Excellent writing and editing skills. ...

  • Manager - Credit Risk - BFS

    4 weeks ago

    Chennai, India valarr.io Full time

    Credit Risk are we looking for?Experienced credit manager with expertise in credit assessment and risk management across various credit products including trade finance products, and structured products. Experience in the Media and Entertainment Industry is a huge plus.What will you do?- Develop and implement a structured approach to analyze, assess, and...