Manager - Credit Control
Job Description
Title: Manager - Credit Control
Company Name: Asia Coatings (pvt) Ltd.
Vacancy: --
Age: at least 45 years
Location: Anywhere in Bangladesh
Experience:
∎ 3 to 4 years
Published: 30 Mar 2024
Education:
∎ Degree in Management preferably in Finance / Accounting from a reputed university.
∎ Degree in Management preferably in Finance / Accounting from a reputed university.
Requirements:
Additional Requirements:
∎ Age at least 45 years
∎ A minimum 3-4 years’ experience in a managerial position of which at least 08 years’ experience in relevant field.
∎ Candidates from paint industry will have an advantage.
∎ Strong interpersonal leadership and negotiation skills.
∎ Advance knowledge in Excel.
∎ Sound communication skill in English as the person will report to Srilanka.
∎ Ability to travel extensively.
∎ A minimum 3-4 years’ experience in a managerial position of which at least 08 years’ experience in relevant field.
∎ Candidates from paint industry will have an advantage.
∎ Strong interpersonal leadership and negotiation skills.
∎ Advance knowledge in Excel.
∎ Sound communication skill in English as the person will report to Srilanka.
∎ Ability to travel extensively.
Responsibilities & Context:
∎ Develop and monitor a credit control system/policy strictly in collaboration with sales and marketing, finance, and recovery team members.
∎ Check customer credit reports, approve or deny Sales Invoice request and communicate decisions to the appropriate personnel in a timely manner.
∎ Negotiate payment plans with customer and set payment terms and conditions accordingly.
∎ Maintain credit records, conduct regular analysis of the credit-control system, and implement changes as needed to reduce bad debts.
∎ Report any payment issues to management or the appropriate team.
∎ Follow up on overdue invoices and payments and implement company collections procedures as necessary.
∎ Take action through the litigation process for the clients deemed necessary.
∎ Monitor litigation files and attend courts for the litigation process with the help of a litigation lawyer.
∎ Weekly follow-up and reporting to management of litigation party's movement.
∎ Manage the local government authorities related to credit operations.
∎ Reconciliation of billing and collection with the recovery/Finance team and third-party customer.
∎ Keeping database record of all communication with the clients (e.g., Monthly statement/Balance Confirmation/Acknowledgement copy of goods receipts.
∎ Prepare early alert reports on potential clients who are in threat of being overdue/bad debt.
∎ Correspondence with corporate clients like issuing reminder letters in case of non-payment & late payment.
∎ Undertake detailed analysis and write reports on existing customers with the objective of making effective decisions on continuing credit business with them (e.g., Finalization of Discount rate/Credit limit/ Credit days etc.)
∎ From time to time meet with the recovery team for preparing short- and long-term recovery & collections plans.
∎ Monitor and coordinate with team members to achieve collection targets.
∎ Follow up recovery plans weekly (telephonic, physically).
∎ Reporting to management (i.e., billing, aging, debtors’ movement, regular and irregular client reports, etc.).
∎ Meeting/keep coordination with the recovery and legal team.
∎ Look for ways to improve debt collection processes.
∎ ASIA COATINGS (PVT) Ltd. A fully owned subsidiary of JAT Holdings PLC which is a multinational wood coating and paint company headquartered in Thalawathugoda, Sri Lanka. The company is engaged in the business of manufacturing, selling and distribution wood coatings and products related to the retail and industrial sectors. Our state-of-the-art manufacturing plant is located at Birulia, Savar.
∎ Currently we are in need of Manager – Credit Control.
∎ Develop and monitor a credit control system/policy strictly in collaboration with sales and marketing, finance, and recovery team members.
∎ Check customer credit reports, approve or deny Sales Invoice request and communicate decisions to the appropriate personnel in a timely manner.
∎ Negotiate payment plans with customer and set payment terms and conditions accordingly.
∎ Maintain credit records, conduct regular analysis of the credit-control system, and implement changes as needed to reduce bad debts.
∎ Report any payment issues to management or the appropriate team.
∎ Follow up on overdue invoices and payments and implement company collections procedures as necessary.
∎ Take action through the litigation process for the clients deemed necessary.
∎ Monitor litigation files and attend courts for the litigation process with the help of a litigation lawyer.
∎ Weekly follow-up and reporting to management of litigation party's movement.
∎ Manage the local government authorities related to credit operations.
∎ Reconciliation of billing and collection with the recovery/Finance team and third-party customer.
∎ Keeping database record of all communication with the clients (e.g., Monthly statement/Balance Confirmation/Acknowledgement copy of goods receipts.
∎ Prepare early alert reports on potential clients who are in threat of being overdue/bad debt.
∎ Correspondence with corporate clients like issuing reminder letters in case of non-payment & late payment.
∎ Undertake detailed analysis and write reports on existing customers with the objective of making effective decisions on continuing credit business with them (e.g., Finalization of Discount rate/Credit limit/ Credit days etc.)
∎ From time to time meet with the recovery team for preparing short- and long-term recovery & collections plans.
∎ Monitor and coordinate with team members to achieve collection targets.
∎ Follow up recovery plans weekly (telephonic, physically).
∎ Reporting to management (i.e., billing, aging, debtors’ movement, regular and irregular client reports, etc.).
∎ Meeting/keep coordination with the recovery and legal team.
∎ Look for ways to improve debt collection processes.
Compensation & Other Benefits:
∎ Fully subsidize lunch
∎ Insurance
∎ Provident Fund / Gratuity Fund
∎ Mobile Allowance
∎ Salary: Competitive Package
∎ Other benefits:
∎ Fully subsidize lunch
∎ Insurance
∎ Provident Fund / Gratuity Fund
∎ Mobile Allowance
Employment Status: Full Time
Job Location: Anywhere in Bangladesh
Apply Procedure:
Email your CV:
∎ Send your CV to the given email [email protected]
Company Information:
∎ Asia Coatings (pvt) Ltd.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 29 Apr 2024
Category: Accounting/Finance
Source: bdjobs.com
Deadline Expired on 29th Apr 2024
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