Collection Executive

Company: Novasol Ingredients Pvt. Ltd.
Position: Collection Coordinator
Department: Finance / Accounts
Location: Ashram Road, Ahmedabad
Reporting To: Finance Manager / Accounts Manager / Management
Experience: 2–3 Years
Employment Type: Full-Time

Job Purpose

We are looking for a sincere, disciplined and result-oriented individual to manage the collection and recovery of outstanding customer receivables. The candidate should have a good understanding of accounts and receivables management and should be willing to develop a structured and effective collection system within the company.

Key Responsibilities

• Regular follow-up with customers for collection of outstanding payments.
• Maintain proper tracking of customer-wise outstanding receivables.
• Follow up on overdue invoices through calls, emails and other appropriate communication.
• Coordinate with the Sales Team, Accounts Team and customers for timely resolution of payment-related issues.
• Review customer ledgers and identify invoice-wise outstanding amounts, overdue invoices, credit notes, debit notes and payment adjustments.
• Carry out regular reconciliation of customer accounts.
• Obtain payment commitments from customers and systematically track the committed payment dates.
• Escalate long-pending or difficult recovery cases to the concerned senior management on a timely basis.
• Prepare and circulate periodic Collection Reports, Ageing Reports and Overdue Reports.
• Identify reasons for delayed collections and help resolve disputes relating to invoices, rates, quantities, documents, credit notes, etc.
• Maintain proper records of all customer follow-ups and collection commitments.
• Work towards improving the company's receivable cycle and reducing overdue outstanding amounts.
• Assist in developing a proper Collection & Receivables Management System, including customer-wise follow-up schedules, ageing classification, escalation mechanisms and collection MIS.
• Gradually establish a disciplined collection process so that customer follow-ups do not remain dependent on individuals and can be monitored systematically by management.

Candidate Profile

The candidate should:

• Have 2–3 years of practical experience in Collections / Accounts Receivable / Debtor Management.
• Possess a B.Com or M.Com qualification.
• Have a good basic understanding of accounting, customer ledgers, ageing, receivables and reconciliations.
• Be comfortable working with Excel and accounting/ERP systems.
• Have good communication and follow-up skills.
• Be soft-spoken, polite but persistent while dealing with customers.
• Be disciplined in maintaining records and following up on commitments.
• Have the ability to coordinate effectively with customers as well as internal Sales and Accounts teams.
• Be willing to learn, evolve and take ownership of the company's collection process.
• Have a proactive attitude towards creating a strong, structured and scalable collection system within the organisation.

Preferred Attributes

We are specifically looking for someone who does not merely make routine collection calls but understands the importance of cash flow, ageing of receivables and working capital management and is willing to take responsibility for improving the company's overall collection discipline.

Mobile: +91 7779004133

Email id: [email protected]

Pay: ₹27,000.00 - ₹35,000.00 per month

Benefits:

• Health insurance
• Leave encashment
• Life insurance
• Paid sick time
• Provident Fund

Education:

• Master's (Required)

Experience:

• Collection department: 3 years (Required)

Work Location: In person