Credit Risk and Collections Manager

Job Description

Job Title: Deputy / Assistant Manager - CollectionsLocation: AhmedabadDepartment: FinanceReporting Manager: Manager - CollectionsKey Responsibilities Timely and Efficient Collections: Develop and execute collection strategies that improve recovery rates. Stakeholder Collaboration: Collaborate with external stakeholders (clients, suppliers, banks) to facilitate smooth and timely collections. Collection Process Management: Formulate and manage the collection process to ensure efficient collection timelines. Process Optimization: Continuously review and enhance collection processes to increase efficiency and effectiveness. Identify opportunities for automation and streamlining workflows, reducing manual interventions, and driving higher collection success rates. Data-Driven Insights: Use analytical tools and reporting mechanisms to monitor and analyze collection performance. Generate actionable insights and present data-driven recommendations to optimize collection strategies and improve recovery efforts. Compliance and Risk Management: Stay updated with relevant laws, regulations, and industry guidelines concerning collections and debt recovery. Ensure full compliance with legal and ethical standards, and implement controls to mitigate compliance risks. Key Performance Indicators (KPIs): Define and track key performance indicators (KPIs) to evaluate the effectiveness of collection strategies. Monitor progress, identify trends, and assess the impact of collection initiatives.Key Stakeholders Internal: Customer Success: To address issues and collaborate on customer-related matters. Business and Legal Teams: To resolve conflicts and discuss internal and external stakeholder issues. External: Buyers, Clients, Suppliers, Vendors, and Banks: To facilitate seamless coordination and collection efforts with external partners.Qualifications & Experience Work Experience: Minimum of 3 years in a similar role within the B2B space, with proven expertise in credit and collections. Strong understanding of B2B and NBFC credit and collection processes, including credit risk assessment, credit limit determination, and collection strategies. Extensive knowledge of financial analysis, credit evaluation, and collection techniques focused on optimizing cash flow and reducing outstanding receivables. Essential Skills: Strong communication and people management skills. High level of ownership and willingness to set up processes from scratch. Ability to work in an unstructured, dynamic environment. Excellent interpersonal skills and the ability to express ideas clearly and effectively. Education: MBA/PGDM (Desirable)Key Competencies Analytical mindset with a focus on data-driven decision-making. Ability to lead and manage cross-functional teams to achieve collection objectives. Strong problem-solving skills to address complex collection challenges. Attention to detail and ability to handle multiple tasks and priorities efficiently.Role Objectives Drive continuous improvements in collection processes and customer interactions. Contribute to the financial health and operational efficiency of the organization.Job Type: Full-timeSchedule: Morning shiftApplication Question(s): Are you comfortable with the salary range of 4-8lpa (max) Are you comfortable with Ahmedabad/Kolkata location (WFO) Do you have 3 years of work exp. with B2B space, with proven expertise in credit and collections Do you have experience with B2B or NBFC environment before Do you have extensive knowledge of financial analysis, credit evaluation, and collection techniques focused on optimizing cash flow and reducing outstanding receivables Can you join with 1 month notice period Experience: total work: 1 year (Preferred)Work Location: In person,

Keyskills :
Financial AnalysisRisk ManagementCommunication SkillsPeople ManagementProcess OptimizationData AnalysisComplianceCreditCollections