Assistant Manager Manager - Collections
Assistant Manager Manager - Collections
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Job Description
Job Summary:
As Asst Manager / Manager Collection role you will be responsible for monitoring and driving the complete bank guarantee process by timely submission of request to bank and ensuring timely report to management for Outstanding BG status. Opportunity to work on diverse tasks including collaborating with global teams. A detailoriented role with a passion for accounting and driving financial excellence.
In this Role Your Responsibilities Will Be:
- Monitoring and driving the BG process. Vetting of BG Formats Timely submission to bank coordination with Regional Sales and Banks for EPM India and support for other Emerson India Sites
- Monitoring the Advance collection process against BGs.
- Ensuring timely report to the Management monthly / quarterly /as per the requirements for the Outstanding BG status.
- Monitoring the expiring BGs for renewal or release of limit on timely basis
- Payment terms evaluation negotiation with Regional Sales team for Orders < INR 25 Lakhs
- Credit Assessment for New and Existing customers. Adherence to CP&P and Credit Control Policy
- Providing monthly information to BUs for collection plan Disputes AR > 1 year and driving the collection resolving disputes and enabling the process of AR review for minimizing the P&L impact
- Monthly preparation of Collection forecast for Third party agency for aged invoices (AR >120 days). Regular Coordination with Third party collection team for payment status & bring up help required cases to regions
- Direct Follow up with slow paying / defaulting customers for release of aged past dues. Coordinate with regional sales team for support towards collection of aged dues
- Support for monthly closing and audits.
- Bachelors degree in Commerce / MBA in Finance with 57 years of experience
- High Adaptability to manage complex payment issues s.
- Advance Excel Skills
- Strong and effective Communication skills
- Organisation skill to handle large volume of data
- Agility to manage multi Business data
- Working Knowledge of Oracle will be added advantage
- Ability to work with Diverse multi regional teams
- Understanding of Credit Control Collection process.
Our Culture & Commitment to You
At Emerson we prioritize a workplace where every employee is valued respected and empowered to grow. We foster an environment that encourages innovation collaboration and diverse perspectivesbecause we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship training or leadership opportunities we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.
We recognize the importance of employee wellbeing. We prioritize providing competitive benefits plans a variety of medical insurance plans Employee Assistance Program employee resource groups recognition and much more. Our culture offers flexible time off plans including paid parental leave (maternal and paternal) vacation and holiday leave.
Required Experience:
Manager
Employment Type
Full-Time
