Deputy Manager- OTC Collection

Description

• Analyze accounts and set targets - Collection plan / strategy at the beginning of month
• Verification and approval of Scheme letter, maintaining tracker for pending scheme
• Review, manage and conduct reviews of outstanding accounts receivable (Internal AR meetings)
• Resolution of AR & Collection issues
• Ensure the agreed procedures are kept up to date, documented and adhered to within the team
• Coordinate with the Sales and other stakeholders to obtain necessary information for the past dues
• Discussion with Field AR Team and initiate action to close past due outstanding
• Coordinate month end closing process within given timelines
• Utilize Pivot Tables and V-Lookups
• Follow up with Logistic team for dispatch status and cheque on collection status
• Fortnightly discussion on Internal AR Meeting
• Account reconciliation - follow up with sales team and review open points and request customer master team to update system
• To ensure compliance to applicable policies, guidelines, and regulations
• Manage and Process Adjustments / Deductions / Write Off's
• Issuing dunning letter, FDL, CFO letter
• Achieve Cash Collections and Past Due Target on a monthly basis
• Ensure performance measures are met or exceeded
• Reconciling the relevant accounts to maintain overall health of the accounts
• Review aged Past Dues / Unapplied Receipts and propose write off / write back (as per approvals)
• Review, manage and conduct reviews of Past Dues (Internal AR meetings)

Requirements

• Intermediate skills in Microsoft® Word, Excel, Outlook, and Internet navigation and research, including
• Proficient in both verbal and written business communications
• Degree in business administration or professional experience focusing on Finance/Accounting.
• Legal letters coordination
• 5 - 7 Years of experience required in combination of International Customer Service/ Collections, Billing / Order Management, Accounts Receivables, or related teams
• To perform the job successfully, one should have basic skills in accounting software (Oracle ERP) related to Collections
• Ability to utilize basic formulas
• Working experience within a shared services environment is preferred

Benefits

• HF Closure and employee loan billing as per HR instruction
• HF Closure and employee loan billing as per HR instruction and clearing of outstanding with transfer to loan account

Training + Development

Interview process

Visa Sponsorship

Security clearance