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Parle Global Technologies - Manager - Collections

PARLE GLOBAL TECHNOLOGIES PVT. LTDVasai, India

14 days ago

Job description

Position : Assistant Manager - Payment Collection.

Location : Vasai Mumbai.

Experience Required : Minimum 5 - 7 Years.

Qualification : B.Com / M.Com.

Key Responsibilities :

Ensure timely payment collection from customers post supplies.. Coordinate with the Accounts Team for reconciliation of accounts, ledgers, advances, and outstanding balances..
Conduct regular reviews with regional coordination teams to strengthen support systems for payment collection.. Guide and mentor collection coordinators on payment follow-ups, data management, and reporting.. Maintain strong communication and drafting skills for professional correspondence with clients and internal stakeholders..

Required Skills & Competencies :

Proficiency in MS Excel, Tally, and SAP..

Working knowledge of GST, banking processes, and financial documentation..

Excellent analytical, communication, and interpersonal skills..

Ability to handle multiple accounts, monitor receivables, and drive results under timelines..

lead team to streamline collection processes, provide leadership support to collection team, set targets, follow up and drive AR reporting to Finance and Sales Leadership.

Own the AR, Credit and Collection closing process : AR accounting, Credit management, Allowance files, Cash forecasting, account reconciliations, etc.

Set and drive AR performance to establish business goals; regularly achieve DSO, cash flow and % current targets.

Recruit, hire, lead, train, coach and develop a talented staff to achieve business objectives in alignment with current and anticipated growth.

Review uncollectible outstanding with team and support on dispute resolution.

Manage cash application process and ensure accuracy and timeliness as per set standards.

Drive innovation to continually assess workflow processes and implement improvements that deliver a high impact.

Develop, support and drive credit policy, implement processes to minimize risk and gain broader business buy-in.

Lead the collaboration effort with cross-functional departments (i., Treasury, Operations, Tax, Accounting, Sales, etc.) to remove process roadblocks to ensure effective credit and collection best practices.

Review month-end reconciliations of accounts receivable accounts and assess and recommend allowance for doubtful accounts balance.

Develop and maintain best-in-class cross-functional credit and collection processes and controls; work closely with Sales and Customer Success teams to continuously identify and remediate process inefficiencies AR Collections.

(ref : iimjobs.com)

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Collection Manager • Vasai, India