Credit Control Executive

Key Roles: - 1. Keeping accruals and ensure bill bookings. 2. GL reconciliation and Preparation of Schedules & GL Reconciliation & month end closer activities. 3. Handling Debtors Target Vs collections (Review on overdue payments & Advances). 4. Review the outstanding and release customer Credit blocks. 5. Calculation of different type of schemes Target based and Qty based Schemes. (Domestic & export). 6. Follow-up with Marketing teams on customer/incentive and other issues and address them. 7. Fixation of Credit limits and Credit period to the customers and ensuring proper authorization for any extensions & Reviews. Detailed Job Profile: - 1. GL reconciliation and Preparation of Schedules 2. Keeping accruals and ensure bill bookings & ensure on time closer of month end activities 3. preparation of schedules. 4. Understanding of schemes/incentive concept notes with correct interpretation and calculating of Scheme/Incentive Monthly, Quarterly and yearly Schemes and disbursement of benefits to customers. (i.e. Target, Qty based with payment link scheme). 5. Accounting scheme-related credit notes and debit notes and addressing marketing and customer queries. 6. Preparation of MIS on incentive pay-outs Vs budgeted values. 7. Variance analysis between provision Vs Actuals and contribution analysis. 8. Monitoring debtors' age-wise outstanding balances and following up with teams. (Export & Domestic). 9. Calculating DSO (Days Sales Outstanding). 10. Warranty claim calculations and process the settlements. 11. Reviewing monthly targets Vs actual collections with branch accountants and marketing teams. 12. Monitoring customer accounts with balances outstanding for over 90 days and visiting customers to address any issues if required. 13. Executing domestic and overseas L/Cs, preparing and submitting documents to banks, and following up with bankers and customers on discrepancies and providing clarifications. 14. Follow-up with banks on inward remittances and LCs and other export related issues. 15. Process ECGC and track the transactions. 16. Reconciliation of customer ledgers & Collection of Balance confirmations. 17. Working price difference calculations and provide credit & Supplementary invoices. 18. Verify and release customer credit blocks for billing as per approvals and payment confirmation & verify the credit limits.