Overview

Senior Analyst - Collections role in Bengaluru, Karnataka, India focuses on timely cash collection from customer accounts. Assess creditworthiness, minimize bad debts, ensure contract compliance, and recommend legal action as needed. Drive financial health through proactive collections strategies and risk mitigation.

Responsibilities

• Monitor and manage overdue customer accounts to ensure timely cash collections.
• Assess customer creditworthiness using financial data and credit reports.
• Minimize bad debts through proactive recovery efforts and negotiations.
• Ensure compliance with contracts, terms, and regulatory requirements.
• Recommend and initiate legal actions for delinquent accounts when necessary.
• Prepare collections reports, forecasts, and aging analyses for management.
• Collaborate with sales, finance, and legal teams on dispute resolutions.
• Develop and implement strategies to optimize collections processes and DSO.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• 5+ years of experience in collections, credit management, or AR.
• Strong knowledge of credit risk assessment and financial analysis.
• Proficiency in ERP systems like Oracle and MS Excel.
• Excellent negotiation, communication, and problem-solving skills.
• Ability to handle high-pressure situations and meet collection targets.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health insurance for employee and family.
• Generous paid time off and flexible work options.
• Professional development and training opportunities.
• Employee stock purchase plan and retirement benefits.