Recovery & Credit Control Executive

JD – for Credit Control & Recovery Executive

• Evaluating new credit requests and conducting client credit checks.
• Managing and collecting debts from company debtors.
• Setting up the terms of credit for new clients.
• Negotiating payment plans.
• Managing the collection of all payments and debts.
• Responding to client inquiries.
• Processing invoices.
• Preparing statements and reports for the company accountant.
• Managing the sales ledger.
• Liaising with customers and the sales team.
• Conducting credit checks on new customers, resolving problems in relation to invoice payments, and reconciling complex month-end accounts.

· They must also report to management on outstanding issues, whilst highlighting potential debtor problems.

Credit Controller Requirements:

• · Bachelor’s degree in finance, accounting, or mathematics.
• · Previous work experience as a credit controller.
• · Good understanding of the legal complexities of loans, payment plans, and interest rates.
• · Proficient in Accounting and Office software.
• · Ability to reconcile complex debtors' accounts.
• · Strong communication skills.
• · Ability to deal with problematic clients.

Roles and Responsibilities

• Manage debt collection process from initial stages to final realization.
• Ensure timely payment follow-ups with customers through phone calls, emails, and visits.
• Collaborate with internal teams (e.g., sales, operations) to resolve customer queries and improve collections.
• Ensure the daily maintenance & reconciliation of Bank Accounts
• Ensure daily reconciliation of cash in hand with the book balances
• Verify all invoices / bills as per compliance requirements and forward the same to the regional finance team for payment processing
• Ensure timely and accurate validation and authorization of all payments vouchers as per the company policy

Job Types: Full-time, Permanent, Fresher

Pay: ₹20,000.00 - ₹30,000.00 per month

Benefits:

• Cell phone reimbursement
• Flexible schedule
• Provident Fund

Schedule:

• Fixed shift
• Monday to Friday
• Morning shift

Supplemental Pay:

• Performance bonus
• Yearly bonus

Work Location: In person