Astra Chemtech Pvt. Ltd. is a leading manufacturer and supplier of specialty adhesives, coatings, and chemicals with operations across India. With a strong presence in the Wood Adhesive, Hotmelt, Water-based Adhesive, and Graphics & Inks segments, we pride ourselves on innovation, customer service, and quality.
Job Summary:
We are seeking an experienced and detail-oriented
Credit Controller
to manage the company's credit and collections processes. The ideal candidate will ensure timely collection of outstanding dues, minimize credit risk, enforce company credit policies, and work closely with the sales and finance teams to monitor customer creditworthiness.
Key Responsibilities:Credit Management:
Evaluate and approve new customer credit applications in coordination with the sales and finance teams.
Set credit limits, payment terms, and monitor compliance as per company policy.
Conduct periodic credit reviews for existing customers.
Maintain and update customer master data in ERP system.
Receivables & Collection:
Monitor and follow up on accounts receivable to ensure timely payments.
Maintain aging analysis reports and flag overdue accounts for immediate action.
Coordinate with sales team and customers for collection of outstanding invoices.
Manage collection targets and ensure reduction of DSO (Days Sales Outstanding).
Risk Mitigation:
Identify high-risk accounts and take proactive measures to prevent bad debts.
Prepare reports on doubtful or non-recoverable accounts for provision or legal action.
Ensure customer agreements are in place with appropriate clauses related to credit terms.
Reconciliation & Reporting:
Reconcile customer accounts and resolve disputes related to billing and payments.
Provide regular MIS and reports related to credit, receivables, collection performance, etc.
Support audits and provide required documents and confirmations.
Coordination:
Work closely with Sales, Accounts, and Legal departments to align on credit policies.
Coordinate with banks and legal advisors for cheque bounce cases, legal notices, etc.
Handle communication regarding cheque returns, bounced payments, and other recovery issues.
Key Skills & Competencies:
Strong understanding of credit control, financial analysis, and receivables management.
Knowledge of GST, invoicing, and ERP (Tally/SAP/Oracle/Custom ERP).
Proficient in MS Excel and reporting tools.
Excellent communication, negotiation, and interpersonal skills.
Strong analytical and problem-solving abilities.
High level of integrity and attention to detail.
Qualifications & Experience:
Bachelor's degree in Commerce, Finance, or Accounting (B.Com, M.Com, MBA preferred).
5 to 10 years of proven experience in credit control or accounts receivable, preferably in manufacturing or chemical industry.
Knowledge of credit insurance, legal recovery process, and industrial B2B customer dealings is a plus.
Work Conditions:
Job Location:
Mahim West, Mumbai (Head Office)
Work Hours:
Monday to Saturday (As per company policy)
Remuneration:
Competitive and based on experience
Job Type: Full-time
Pay: ?15,874.10 - ?75,483.39 per month
Benefits:
Cell phone reimbursement
Provident Fund
Schedule:
Day shift
Supplemental Pay:
Yearly bonus
Application Question(s):
What is your Current CTC PA?
What is your Expected CTC PA?
Notice Period in Days?
Kindly provide tentative date for Interview.
Work Location: In person
Beware of fraud agents! do not pay money to get a job
MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.