Senior Manager Credit Controller CA BFSI

  • 7-10 yrs
  • Not Disclosed

Job Description

Job Title Senior Manager Credit Controller

Job type Permanent, Full Time

Location Gurgaon

Position reports to CFO

Job purpose summary To deliver a fees and TDS recovery performance within the expectations outlined and in line with the credit policy of the Organisation

Key Responsibilities

Assist in the setting up of the credit control system including IT automation

Ensure that debtors including TDS certificates are recovered in a timely manner

Meet collection targets of Invoices as well as TDS certificates set by the Firm

Preparation of reports for service tax audit and Income tax assessments including reconciliation of Income vs TDS certificate

Ensuring proper record keeping of document including TDS certificate

Chase overdue invoices by telephone, email & letter within agreed timescales

Maintain accurate records of all chasing activity

Regular meetings with engagement teams to ensure all relevant debtors controls are managed as necessary

Identify changes in payment patterns and propose action for faster collection

Ensure that all transactions are compliant with FEMA or any other Regulations

Handle disputed bills to bring payment within the agreed terms

Provide accurate advice on Collection queries

Respond promptly and completely to both client and internal enquiries

Propose write off of irrecoverable Invoices as per firms policy

Prepare files for transfer to the Debt Recovery Dept legal team

Providing ad hoc reporting as and when requested

Post payments to accounts and allocate as required

Undertake account reconciliations as required

Ensure monthly processing deadlines are met as required

Send out monthly client statements letters as may be agreed from time to time

Develop the credit management capability within the practice

Provide cover for other accounting functions as requested

Other duties as delegated from time to time

Keep the management up to date with new credit management techniques and practices

Essential Work Skills

Able to demonstrate experience of working in a credit control dept in a service industry

Experience of working for a firm with a turnover of 500 Crores or more

Knowledge of Accounting Standards

Familiar with accounts procedures and client ledgers

Possess a good understanding MS Office including MS Excel

Experience of dealing with clients at all levels, including corporate entities

Ability to manage & priorities an extensive assignment

Person Specification

Excellent communication skills at all levels

Good keyboard skills and competence of Word, Excel and Outlook are required

High standard of numeracy, accuracy with attention to detail

A team player with a flexible approach and a willingness to learn

Outgoing and confident personality who is able to operate at all levels

A self starter who is pro active and can set and achieve goals

Qualified CA with 8 10 years of experience

Strong organisational & time management skills

Ability to recognize potential risks to the Firm that should be escalated