Overview:

This position is responsible for managing the receivables of the company of all segments with the objective of achieving targets within the guidelines and standards laid down by the organization.

Responsibilities:

Recovery Function

• Plan for payment collection so that recovery is streamlined.
• Minimize debtors’ turnover days of all segments as per Credit Policy.
• Follow-up and support for receivable collection with dealers and customer on regular basis for all the segment.
• Plan for critical recovery: if required seek for administrative and legal assistance for settlement.
• Prepare and review variance analysis report of receivables.
• Prepare daily, monthly, quarterly and annual receivable report.
• Prepare retailor financial assessment and credit limit proposals.

Relationships Management

• Maintain cordial relationships with financial institutions and other stakeholders to meet the company's objectives.
• Maintain good relationships and ensure smooth coordination with all the employees of the company.
• Effective coordination with other departments as per requirement.

Compliance and reporting 

• Ensure adherence to HR processes and any HR related issues to enhance the effectiveness of the team and create a positive work environment.
• Ensure compliance of Financial Policy /Credit and Discount Policy.
• Ensure implementation of all activities as per logical framework.
• Ensure compliance on defined Standard Operating Procedures.

  Qualification:

• Bachelor’s degree in Business Administration, or related field (preferred).
• Proven experience in administrative roles, preferably with exposure to Recovery functions.
• Strong organizational skills and attention to details.
• Excellent communication and interpersonal abilities.
• Proficiency in Microsoft Office Suite and accounting software.
• Knowledge of laws and regulations is a plus.