Job Description

Job description of Credit controller Location: HyderabadYears of Experience: 2 - 3 years relevant

• Developing and maintaining credit control program in collaboration with finance, sales, and executives
• Establishing policies to ensure customers pay on time and follow best customer service practices should be established.
• Checking consumers' credit reports and approving or denying any applications. Then, you can communicate the decisions to the right personnel promptly.
• Setting loan terms and conditions according to consumer agreement and negotiating payment plans.
• Keeping track of all loan transactions, analysing credit-control systems regularly, and making changes as necessary to reduce bad debts.
• Reporting any payment problems to the management or the relevant team.
• Paying any outstanding invoices or payments promptly and following up if necessary.
• Finding ways to improve the collection of your debts.
• Implementing policies and procedures that guarantee timely payments while maintaining high customer retention.
• Reconciling complicated accounts that were escalated by the AR team
• Monitoring debtor balances to reduce DSO
• Ensuring that credit collection policies and procedures within your organization are adhered to
• Liaising with customers and internal staff, including the sales team.
• Evaluating new credit requests and client credit checks.
• Collecting and managing company debtors.
• Setting up terms of credits for clients
• Negotiating payment plans.
• Collecting all payments and debts
• Answering client questions.
• Processing invoices for debts paid
• Preparing reports and statements for the company accountant.
• Managing the sales ledger
• Liaising with customers, and the sales team.
• Assuming a proactive role in the collection and management of company debts
• Reviewing customers' credit scores with banks and evaluating new credit requests
• Setting up terms and conditions for credit
• Ensuring timely payment
• Following up on payments as necessary
• Negotiating re-payment plans

Requirements:

• Bachelor's degree required in mathematics, accounting, and finance.
• Previous experience as a credit controller.
• A good understanding of the legal complexities involved in loans, payment plans, interest rates, and other financial matters.
• Expertise in Office and Accounting Software
• Ability to reconcile complex accounts.
• Strong communication skills.
• Ability to deal with difficult clients.

Job Type: Full-timeSalary: ?15,000.00 - ?20,000.00 per monthSchedule:

• Day shift

Ability to commute/relocate:

• Himayath Nagar, Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Required)

Experience:

• total work: 1 year (Preferred)