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Sigma AVIT
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Payment Collection Executive

Payment Collection Executive

Sigma AVIT

2 - 6 years

3 - 7 Lacs

bengaluru

Posted:2 hours ago| Platform:

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Skills Required

communication skills payment collection payment followup collection management preparing invoices debt recovery bill processing

Work Mode

Work from Office

Job Type

Full Time

Job Description

The Payment Collection Executive plays a pivotal role in ensuring timely collection of payments and maintaining accurate records of invoicing and aging receivables. This role involves close collaboration with the Sales and Project Teams to manage client accounts, resolve billing discrepancies, and support efficient payment realization. The ideal candidate is proactive, detail-oriented, and committed to delivering excellent customer service.

Key Responsibilities

Monitor and manage outstanding invoices to ensure timely collections
Collaborate with Sales Team to resolve billing issues and support client communications
Generate and dispatch invoices based on contractual terms and delivery milestones
Track payment status and follow up on overdue accounts
Maintain precise records of receivables, payments, and adjustments
Prepare aging reports and escalate critical accounts to management
Reconcile customer accounts and resolve disputes in coordination with Sales and Customer Service
Support month-end and year-end closing activities related to receivables
Assist in conducting credit checks and approvals for new clients
Ensure adherence to company policies and accounting standards
Meet clients in person to follow up on pending payments
Coordinate with internal departments to resolve billing discrepancies
Generate and share payment reminders with clients
Escalate unresolved accounts to the respective Sales Owner
Ensure compliance with legal and regulatory requirements during collection
Build and maintain strong client relationships to facilitate timely payments
Assist in account reconciliation and statement preparation as needed

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Payment Collection Executive