Collections Manager (Factoring)

Collections Manager (SFS)

Siemens Financial Services India is a subsidiary of Siemens AG, with a vintage of almost 13 years in India. It operates as part of Siemens AG's global financial services division, focusing specifically on innovative and tailor-made financial models like Leases, Loans, and Working Capital Solutions for segments ranging from SMEs to large corporates in India. The company's expertise spans across multiple industries, including healthcare, manufacturing, Renewables, Technology, Industry and more. This industry focus enables SFS India to understand the specific financial challenges and opportunities faced by businesses in different sectors and then tailormade financial solutions for customers in that Industry. SFS India leverages technology solutions to enhance its financial offerings. This may include digital platforms for loan processing, online account management, and data analytics for financial decision making.

Come, Change the future with us!

In your primary role, you will be responsible for the following:

• Responsible for delinquent Portfolio of Factoring product / Factoring Business for Pan India
• Managing Delinquency of entire India from Current Bucket till and post write off
• Visiting Delinquent customers
• To Strategize the recovery based on Obligor / Debtors (Seller-Buyer)
• Chasing customers for default and late payment
• Collaborate with other teams for early resolution
• To get the receipt applied in the respective accounts on time
• To highlight any Early Warning sign if any
• Reconciliation of accounts

We don't need superheroes, just super minds!

Knowledge and Experience

• Basic Factoring Product knowledge
• Seller and Buyer concept in Factoring
• Recourse / Non-Recourse Factoring
• Graduate – Any specialization
• Should have >5 years’ experience in equivalent field
• Should have Excellent Communication Skills and Convincing Power and negotiation skills
• Fluent in English & Hindi (Spoken and Written)
• Team player
• Good at MS Office and other tools including Digitalization and use of AI
• Should be able to work under pressure

We are looking forward to receiving your application. Please ensure you complete all areas of the application form to the best of your ability as we will use the data to review your suitability for the role.

Make your mark in the cool and exciting world at Siemens!

This role is based in Mumbai. You’ll also get to visit other locations in India and beyond, so you’ll need to go where this journey takes you. In return, you’ll get the chance to work with teams impacting entire cities, countries – and the craft of things to come.

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries Last but not the least, we're dedicated to equality, and we welcome applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us craft tomorrow.