India Accounts Receivable Executive

Who we are

At Inchcape Shipping Services our vision is to create a connected world where customers can trade successfully and make informed decisions in every port everywhere. We achieve this by combining our worldwide infrastructure with local expertise through our global network of more than 250 proprietary offices and a team of over 3000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil cruise container and bulk commodity sectors as well as naval government and intergovernmental organizations.

We have an ambitious growth model and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Contract type:Permanent

Location: Chennai (Guindy)

Main Purpose of Job:

This position is responsible for managing credit collections for Global region by handling accounts receivable handling collections and maintain data. The position would also be expected to optimize processes and collection operations to reduce costs and effort. A/R (Accounts Receivable) Invoice Percentage Current of at least 99%. Meet monthly cash forecast by 100% or above through up-to-date follow-ups and collections of past dues.

Duties and Responsibilities:

• Collect customer payments in accordance with payment due dates
  
• Reviews and prioritizes open accounts for collection efforts
  
• Role of mentor and back up for the associates in charge of and bringing them up the learning curve
  
• Solves cash applications and Evaluated Receipt Settlement mode of ordering and payment
  
• Making outbound collection calls in a professional manner while keeping and improving customer relations.
  
• Initiate contact via phone and/or e-mail with a large portfolio of customer accounts using to determine the reason for past due accounts receivable. Customer communication will require critical thinking skills to probe into the reasons for non-payment to ensure the proper resolution can be implemented.
• Based on customer responses recommend and implement action plans for resolving delinquent transactions. Action plans may require the credit analyst to engage associates from other departments e.g. commercials sales operations etc.
• Reconciliation of assigned accounts to ensure that payments and credit memos are properly applied.
• When necessary escalate collection problems to Management and/or Sales Team to assist incollection/resolutionprocess
• Approve and authorize release of orders according to credit line and payment history within established guidelines.
• Communicate the status of the assigned portfolio and/or specific accounts to Management and/or Sales Team.
• Work on special projects e.g. account clean up as needed
• Identify issues attributing to account delinquency and discuss them with management.
• Review and monitor assigned accounts and all applicable collection reports.
• Provide timely follow-up on payment arrangements
• Process Payments & Refunds as applicable
• Resolve billing and customer credit issues
• Update account status records and collections effort
• Report on collection activity and accounts receivable status
• Mail correspondence to customers to encourage payment of delinquent accounts

Knowledge Skills and Abilities:

Essential

• Articulate with good communication and presentation skills
• Proficiency in Mandarin (both verbal and written) is compulsory for this position.
• Strong analytical capabilities
• Microsoft excels proficient
• Good inter-personal skills and with a hand on approach
• Ability to work independently without much supervision
• Resilient pragmatic and hardworking
• Structured thinker good on both strategy and detail
• Can be rapidly effective in a matrix structure
• Demonstrated the ability to balance multiple changing priorities in a highly dynamic environment

Educational and professional qualification:

• Graduates or Postgraduates in the field of Finance or Commerce
  

Other requirements:

Experience in Shipping/Logistics would be an added advantage

Why Inchcape Shipping Services

We believe in building a diverse and high performing workforce that works together to provide our customers with the exceptional service they deserve. To reach the highest standards we depend on our people their welfare training and expertise. We realize the value of our staff and know that your unique experiences skills and passions will help you to build a rich and rewarding career in our dynamic industry.

Our values are at the center of everything we do and the successful candidate will be expected to demonstrate and fully adopt these:

Global Perspective-we connect the world and see the bigger picture.

The Power of People -we rely on the strength of local agent knowledge and relationships.

Progress-we adopt new thinking and push for positive change in our industry.

In return we will offer you:

A diverse range of benefits depending on your geographical location. Globally as a minimum you will receive:

• A retirement savings plan
• Life assurance
• Holiday starting at 22 days
• Healthcare
• Competitive salary
• Employee Assistance Programmed
• Career development and progression opportunities
• Values Award celebration events
• Team building days

Plus much more!

If you think that you have the right skills knowledge and attitude to join our team then we invite you to apply by simply clicking at the top of this advert!

#ISSthebiggerpicture

Appointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.

Inchcape is an Equal Employment Opportunity Employer and equality; diversity and inclusion are at the center of everything we do. We recognize that our customers colleagues contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal but also our moral responsibility to ensure all groups have equality of opportunity.

#LI-MB1

Required Experience:

Senior IC

Employment Type : Full-Time
Department / Functional Area: Finance
Experience: years
Vacancy: 1