To manage and control the company’s credit function by minimizing financial risk, ensuring timely collections, assessing credit worthiness of customers, and maintaining healthy cash flow to support business operations.

Credit Management

• Evaluate creditworthiness of existing and new customers through financial analysis, credit reports, and risk assessments.
• Establish credit limits and payment terms in consultation with senior management.
  
  

Monitor customer accounts to ensure compliance with credit terms

Receivables & Collection Management

• Proactively manage and follow up on accounts receivables to ensure timely payments.
• Coordinate with the sales and operations teams to resolve disputes related to billing or deliveries.
• Identify and flag high-risk accounts and take necessary escalation steps
• Develop and implement collection strategies to reduce DSO (Days Sales Outstanding).
• Negotiate payment plans or settlements with customers when necessary.
  
  

Issue legal notices, and coordinate with legal department for recovery actions

Reporting & Compliance

• Prepare regular aging reports, collection dashboards, and bad debt forecasts for management.
• Ensure compliance with internal controls, accounting policies, and regulatory requirements.
• Support external and internal audits related to receivables and credit functions
• Conduct reconciliation and manage related escalations
  
  

Coordinate with sales and operations for price increase and renewal of contracts as and when required

Process Improvement

• Recommend and implement process improvements to enhance credit control and collections efficiency.
  
  

Leverage ERP and SAP financial systems for automation and tracking.