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Finance Executive - Recovery
Finance Executive - RecoveryMelorra • Kakinada, IN
Finance Executive - Recovery

Finance Executive - Recovery

Melorra • Kakinada, IN
15 hours ago
Job description

Position Summary

The Finance Executive - Recovery will be responsible for managing and recovering outstanding dues from customers, dealers, and franchisees. This role involves proactive follow-up on overdue payments, maintaining healthy cash flow, minimizing bad debts, and ensuring timely collection of receivables in accordance with company policies.

Key Responsibilities

Receivables Management & Recovery :

  • Monitor and manage customer receivables, including credit sales, scheme payments, and installment collections
  • Identify overdue accounts and initiate timely recovery actions through calls, emails, and field visits
  • Follow up with dealers, franchisees, and corporate clients for outstanding payments
  • Negotiate payment plans and settlement terms with defaulting customers while maintaining customer relationships
  • Coordinate with the sales team to resolve payment disputes and billing discrepancies

Documentation & Reporting :

  • Maintain accurate records of all collection activities, customer interactions, and payment commitments
  • Prepare daily, weekly, and monthly recovery reports for management review
  • Generate MIS reports on collection efficiency and recovery performance
  • Required Qualifications

    Education :

  • Bachelor’s degree in commerce (B.Com) / Finance / Accounting or related field
  • MBA in Finance is an added advantage
  • Experience :

  • 1-3 years of experience in collections, recovery, or receivables management
  • Prior experience in the jewellery industry or luxury retail is highly preferred
  • Key Skills & Competencies

    Technical Skills :

  • Strong understanding of accounting principles and receivables management
  • Proficiency in MS Excel (Pivot Tables, VLOOKUP, data analysis)
  • Experience with ERP systems (Tally, SAP, or jewellery-specific software)
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    Finance Executive • Kakinada, IN

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