Finance Manager

Key Responsibilities:

1. Recovery & Collection Management

• Monitor and track outstanding payments from customers.
• Ensure timely follow-up with sales team for payment collection.

2. Sales Team Coordination

• Work closely with salespersons to get payment commitments from clients.
• Review and evaluate sales team performance in terms of recovery.
• Provide necessary financial inputs to sales team during negotiations.

3. Reporting & Analysis

• Prepare daily/weekly/monthly reports on outstanding payments.
• Highlight delinquent accounts and escalate unresolved issues to management.
• Analyse customer payment behaviour and suggest corrective actions.

4. Policy & Process Implementation

• Ensure compliance with company’s credit policy.
• Recommend improvements in billing and collection processes.
• Train and guide sales team on collection-related procedures.

5. Client Relationship Management

• Assist in maintaining good client relations while ensuring payments are collected.
• Handle escalated cases of overdue payments diplomatically.

Skills & Competencies:

• Strong knowledge of finance, accounts receivable, and credit control.
• Excellent communication & negotiation skills.
• Ability to handle pressure and resolve conflicts.
• Proficiency in MS Excel, ERP, and financial software.
• Strong coordination and follow-up skills with sales teams.

Qualification & Experience:

• Bachelor’s/Master’s degree in Finance, Commerce, or related field.
• 5–10 years of experience in Finance/Accounts with a focus on recovery and collections.
• Experience in managing receivables through sales coordination preferred.