Urgent requirement For Account Receivable /Credit control

Role & responsibilities Job Responsibilities : Part 1 - Credit Control Generating and preparing bill wise unpaid statement from system and follow up for payment against the overdue and regular invoices. Regularly sending reminder to customer for payment overdue/outstanding as per Ledger and Unpaid Statement for payment recovery. Resources to perform reconciliation of invoice and preparing AR report of payments. Coordinating with Customer /Sales team to resolve the issues related to Invoices /Debit- Credit disputes. Promptly Billing to Customer based on approved details. Process accounts and incoming payments in compliance with financial policies and procedures. Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables data. Receiving payment from customer and allocating the same in proper codes and accounts for correctness of accounts statement. Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted. Verify discrepancies by and resolve clients billing issues. Facilitate payment of invoices due by sending bill reminders and contacting clients by e-mail, telephonic and personal visits. Generating financial statements and reports detailing accounts receivable status. Tracking regularly bill submission along with supporting at customers place as per cut off dates under each billing cycles. Age wise Debtor Analysis (DSO) on daily basis to control aging statement. Regular visits to customers for Accounts reconciliation wherein the payments are not being made as per contractual terms or any short payment received. Taking accounts balance confirmation from customers on quarterly basis to avoid mismatch of outstanding balance. Inspection and verifying the updated rates and taxes in system for accurate billing as per the authentic data to minimize the mistakes in customer invoices. Part 2 - Collection Creation and implement strategies to increase the number of successful collections on outstanding debt. Monitoring and generating debtors reports such as ledger, unpaid statement, sales & collection report, aging report etc to identify the overdue payments. Oversee the collection of outstanding and invoices to minimize profit loss while ensuring it is handled appropriately and as per company policy. Preparing Collection target on weekly basis for regular and disputed customers as per their payment terms and condition. Processing and refunding the advance or excess payment made by customer. Arranging and taking weekly review meeting with related internal departments to achieve the collection target. Responsible to review account allocations and collections targets by bucket to Stake holders/ in house team Coordinating and interaction with legal team to ensure legal action is taken on specified / disputed cases by providing all related documents to concern team for further action and attending the cases in the court related to 138 Section cases towards Customers. Maintaining and building relationships with key and regular clients to ensure timely collections are made. Maintaining strong working relationship and reduce the number of clients who stop working the company. The key responsibility of the role is to identify suitable tactics or strategies for timely collections. On regular basis checking supply credit limit of all customers, controlling and managing limits to maintain the accuracy as per company policy. Part 3 - MIS Reports Preparing weekly Budget Vs Actual Sales reports. Preparing and Monitoring Collection target Vs actual collection. Preparing and generating customer day wise outstanding report (Aging Report) Preparing and presenting to management customer wise daily order Vs dispatch quantity as well providing the reasons for the variation. Preparing the daily plant performance report and gathering the data from concern department. Additional financial reports as per the management requirements Preferred candidate profile Age should not be more than 35 years Must be a B.Com or M.Com graduate Preference will be given to candidates with experience in a rental company Should be comfortable with a field role Must have 3-5 Years experience in a client-facing position Strong interpersonal and communication skills are essential