Collection Manager

Designation : Collection Manager

Department : Finance & Accounts

Reporting To : Finance Head/CEO

Location : Balanagar, Hyderabad

Employment Type : Full-Time | Work from Office

About Us : Placebo Fabtech Pvt. Ltd is a leading steel fabrication and heavy engineering company specializing in structural steel fabrication and customized engineering solutions for industrial, infrastructure, power, cement, and heavy engineering sectors. We are looking for an experienced Collection Manager to strengthen our receivables management and improve cash flow through effective customer relationship management and timely collections.

Role Overview

The Collection Manager will be responsible for managing the complete Accounts Receivable (AR) and customer collections process. The role focuses on ensuring timely realization of payments, reducing outstanding receivables, coordinating with customers and internal departments, resolving payment disputes, and maintaining healthy cash flow for the organization. The role requires close coordination with Sales, Projects, Dispatch, and Finance teams.

Key Responsibilities

1. Accounts Receivable & Collection Management

• Monitor customer outstanding balances and ageing reports.
• Ensure timely collection of payments as per agreed credit terms.
• Reduce overdue receivables and improve Days Sales Outstanding (DSO).
• Maintain accurate customer-wise receivable records.
• Follow up with customers through calls, emails, and meetings.
• Negotiate payment schedules where required.
• Obtain payment commitments and ensure timely realization.
• Build strong professional relationships with customer finance teams.

2. Credit Control & Customer Coordination

• Review customer credit limits.
• Recommend credit holds for chronic overdue customers.
• Coordinate with Sales, Marketing, Projects, Dispatch, Accounts, and Management regarding pending collections.
• Resolve invoice-related queries and payment disputes.
• Ensure all required documents are shared with customers for payment processing.
• Coordinate with management and legal teams for the recovery of long-overdue accounts, wherever required.

3. MIS Reporting & Documentation

• Prepare Daily Collection Reports.
• Prepare Weekly Outstanding Reports.
• Prepare Monthly Ageing Reports.
• Present collection status and cash flow updates to management.
• Maintain collection records and communication history.

4. Process Improvement

• Develop strategies to improve collection efficiency.

Qualifications & Experience:

• Any graduate
• 7-10 years of experience in Accounts Receivable, Credit Control, or Collections.·
• Experience in collection from Infrastructure companies is preferred. Skills & Competencies.
• Strong knowledge of Accounts Receivable, Collection Management, Credit Control, Customer Account Reconciliation, and GST invoicing.
• · Proficiency in Microsoft Excel for MIS reporting and data analysis.
• Excellent negotiation, communication, customer relationship management, and cross-functional coordination skills.
• Strong follow-up abilities with a result-oriented approach.

Why Join Us

• Opportunity to work with a growing heavy engineering company.
• Exposure to challenging industrial and infrastructure projects.
• Collaborative work environment with career growth opportunities.
• Competitive compensation and benefits.

Pay: ₹500,000.00 - ₹800,000.00 per year

Benefits:

• Provident Fund

Work Location: In person