Asst. MGR Manager – Collection – Concord Talent Hunt

One of our prestigious “MNC client ” is looking for a “Asst. MGR Manager – Collection” for Mumbai .

Qualification:

Experience: 5-7 years of experience

In This Role,

As Asst Manager / Manager – Collection role you will be responsible for monitoring and driving the complete bank guarantee process by timely submission of request to bank and ensuring timely report to management for Outstanding BG status. Opportunity to work on diverse tasks, including collaborating with global teams. A detail-oriented role with a passion for accounting and driving financial excellence.

Your Responsibilities Will Be:

Monitoring and driving the BG process. – Vetting of BG Formats, Timely submission to bank, co-ordination with Regional Sales and Banks for EPM India and support for other Emerson India Sites Monitoring the Advance collection process against BGs.
Ensuring timely report to the Management – monthly / quarterly /as per the Requirements for the Outstanding BG status.
Monitoring the expiring BGs for renewal or release of limit on timely basis Payment terms evaluation, negotiation with Regional Sales team for Orders < INR 25 Lakhs
Credit Assessment for New and Existing customers. Adherence to Cp& p and Credit Control Policy
Providing monthly information to BUs for collection plan, Disputes, AR &> 1 year and driving the collection, resolving disputes and enabling the process of AR review for minimizing the P&L impact
Monthly preparation of Collection forecast for Third party agency for aged invoices (AR >120 days). Regular Co-ordination with Third party collection team for payment status & escalate help required cases to regions
Direct Follow up with slow paying / defaulting customers for release of aged past dues. Co-ordinate with regional sales team for support towards collection of aged dues
Support for monthly closing and audits.

Asst. MGR Manager – Collection