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Deputy Manager Credit Controller
AB SKF
Pune, IND
Manager · 5+ years experience
Onsite
Discovered Today
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Key Skills for This Role
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Full Job Posting
Key Responsibilities
- 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) Key Performance Indicators 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 of overall 8-10 yrs with not less than 5 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 Key Competencies 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) Market dynamics and customer behaviour pattern across various segments; both OE and Distribution
About AB SKF
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