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Credit & Collections Analyst 1-Fin

3 - 4 years

4 - 5 Lacs

Bengaluru

Posted:1 week ago| Platform: Naukri logo

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Skills Required

credit approval Cash collection Compliance Collection management Reconciliation Credit risk Analyst 1 Management Accounts receivable Sales support

Work Mode

Work from Office

Job Type

Full Time

Job Description

Timely cash collection of customer accounts, assessing credit worthiness, minimizing bad debts and ensuring contract compliance and/or recommending legal action. Career Level - IC1 Career Level - IC1 You will assist in the collection, management, and resolution of outstanding invoices from past due accounts. Collect overpayments from current and former employees. Work with departmental managers to eliminate root cause of overpayment. Interfaces with sales support, accounts receivable, and directly with the customer to determine the ability to pay, communicate contractual specifications, and enforce remedies in reconciling accounts. Manage portfolio of accounts including delinquency, write-offs, credit memos, and additional interest. Conducts pre-sale credit risk evaluation, prepares recommendations, and makes credit approval decisions on new accounts. Recognizes deteriorating credit situations recommending and implementing solutions. Prepares collection reports.

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