Manager Credit Controller

  • Full Time
  • Pune
  • Posted 3 weeks ago
  • 165 Views

JOB DESCRIPTION

 

Position Title:     Manager Credit Controller

Reports To:           CFO

Role Type:              Team Management

Location:               Pune

 

Job Responsibilities

Mainly Responsible for managing the Receivables and the day to day internal control. The activities under this include:

Plan and execute monthly collection targets

Streamline Order to Cash process by clearly defining SOP and timelines.

monitoring of all ageing reports; track collections pan India

Conflict resolution and managing reconciliations

Cross functional representation to customers from financial perspective

Advise on credit limits and new requests for credits and payment terms

Manage the Credit hold process

Approve the Product credit notes

Evaluate and analyse bad debts risk

Liaise with Central Finance for timely and accurate accounting of collections

MIS  reports on Receivables

Maintenance of Security Deposits and Bank Guarantees for the Unit.

Control and management of Letter of credits pertaining to the Unit.

 

Dealers Incentive Schemes Monitoring and Pay outs; Governance between SKF & AID

Coordinate and support in all Internal, External and Tax Audits

Accounts payables management for the Unit.

Service Invoicing for all Services.

Accounting entries of the Unit (including relevant journal vouchers)

Monthly reporting into SKF’s reporting module. (EPM)

 

Skill Set

Business Acumen and Financial Knowledge

Business Planning and forecasting experience and ability to understand various financial metrics

Knowledge of Financial systems (SAP and Power BI )

Strong knowledge of Tax (GST) direct tax / GST

Market dynamics and customer behaviour pattern across various segments; both OE and Distribution,

 

KPIs

Ageing of Receivables as per SKF’s norms – monthly

DSO – monthly

Reserve for Doubtful Debts (RDD) – monthly

Credit limit review. – per year

Audit conformance measures and total compliance.

 

Education & Experience

CA, ICWA or MBA in Commerce/Finance. Additional management degree in Finance/Tax would be desirable.

Experience 5-10  years in Credit control and Receivables management in MNCs/large corporations handling Pan India operations of both OEMs and Distributors.

Good understanding of finance systems/ERP

Independent working abilities and good collaboration skills in cross functional teams

Additional knowledge of Banking operations and credit management

 

Interested candidates can share their resume to [email protected] / [email protected]

About SKF

SKF has been around for more than a century and today we are one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. With more than 40,000 employees in around 130 countries, we are truly global. Our products are found everywhere in society. In fact, wherever there is movement, SKF’s solutions might be at work. This means that we are an important part of the everyday lives of people and companies around the world. See more, at www.skf.com.

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