- Location
- Mumbai, India
- Type
- Full-time
- Seniority
- Manager
- Source
- Workday
Description
It's fun to work in a company where people truly BELIEVE in what they're doing!
Job Description:
Develops, recommends, and implements policies and procedures for investigating and evaluating new and existing customer creditworthiness and extending or revoking credit lines/limits. Coordinates with internal departments to resolve billing disputes that may affect the ability to collect receivables. Reviews and makes recommendations regarding bad debt or write-offs. Investigates and analyses credit risks, using available internet and credit agency tools and information. Recommends and implements credit extensions/revocations, and/or legal action where necessary. Develops and maintains relationships with outside credit agencies. Ensures procedures and internal controls are followed in compliance with Sarbanes-Oxley initiatives.
Job Responsibilities:
Assessing credit risks and managing credit insurance policies, if applicable.
Monitoring payment due dates and following up with customers for timely payments.
Sending payment reminders and statements to customers with overdue balances.
Recording payments received and reconciling accounts. Advise management on regulatory changes impacting business.
Implementation and monitoring of Data protection laws and policies, including training Ingram Micro associates.
Maintaining customer master data, including contact information, credit limits, and payment terms.
Reviewing sales contracts and agreements for accuracy and completeness.
Conducting internal audits to identify errors, discrepancies, or fraudulent activities.
Implementing controls and procedures to safeguard against unauthorized transactions.
Analyzing receivables data to assess customer creditworthiness and risk exposure.
Developing and implementing credit policies and strategies to optimize cash flow and minimize bad debts.
Generating reports and providing insights to management on receivables performance and trends.
Managing overdue accounts and initiating collection efforts.
Coordinating with legal advisors or debt collection agencies for legal actions or recovery procedures.
Negotiating settlements and payment plans with delinquent customers.