Assistant Manager- Credit control Collection
Dainik Bhaskar
مجموع سنوات الخبرة :9 years, 0 أشهر
Credit Control, Revenue Assurance & Accounts Receivable, Debtors Management
Credit Control:
Checking of new RO with credit limit & Payment history for existing client.
Get the 3 trade references for new client, on the basis of reference fix the credit period and credit limit.
Reduced Debts and DSO to a Target Minimum per month.
Evaluated company credit control procedures, took appropriate actions against defaulters.
Managed outstanding sales balances and reviewed credit limits.
Prepared analysis of bad debts including making recommendations to the controller for proposed bad debt write offs.
Identified accounts that required special resolutions by consulting the sales representative and or escalating to management for reasonable resolution.
Managed decisions on account cancellation/suspensions.
Categorization of debtors into black list & watch list.
Maintained accurate and up-to-date customer details and account records.
Revenue Assurance:
Review the monthly Billing & Revenue. Audit on the basis of consumption and sales Report.
Reviewing month end activity and Revenue recognition.
Invoice Emailing within one day of creation.
Taking confirmation from Clients regarding invoicing nos. & amount.
Interaction with the client for getting their query resolved within the TAT.
Accounts Receivable:
Collection Follow-ups with agency and direct clients.
Successful in reducing the Debtor Days from 120 to 90
Maintain the DSO up to 90 Days.
Collection Forecasts & Follow ups for Collection
Stablished communications with clients to ensure timely payment.
Responsible for reconciliation of all accounts receivable general ledger accounts for the month end close process.
Work closely with internal stakeholders and clients to establish payment procedures to make sure DSO was kept within established guidelines.
Allocated payments in accordance with customer remittances
Preparing complete REVENUE & DEBTORS MIS for sale and presenting to management and various sales head.
Weekly and Monthly BU wise Collection reports to Management.
Weekly and Monthly BU wise AR reports to Management.
Prepare Quarterly Collection forecast for Management.
Recommend bad debt write-offs.
TDS certificate follow-ups and reconciliation with 26AS on Quarterly basis.
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