Job openings for Credit Control Officer in Mumbai

1. Collection Management
• Ensure daily collection tracking and follow-up with clients.
• Monitor and resolve payment bounce cases promptly.
• Maintain record of pending PDCs (Post Dated Cheques) and ensure timely deposit.
• Review and authorize PDC entry records for accuracy and compliance.
• Maintain a comprehensive report of outstanding payments and coordinate with Sales for
timely recovery.
2. Accounts Management
• Check and verify all receipt entries in the accounting system.
• Handle TDS reconciliation and follow-up for deduction and deposit.
• Investigate and resolve shortages or payment discrepancies.
3. Sales Coordination
• Review and verify offers/quotations and ORDF (Order Forms) for credit approval.
• Conduct KYC analysis of customers before extending credit.
• Evaluate credit exposure and limit based on customer profile and payment history.
• Manage refund of excess amounts to clients, ensuring approval and documentation.
• Process C2 payments as per company guidelines.
4. Payments & Disbursements
• Check and verify vendor payments before approval.
• Review logistics payment details for accuracy.
• Verify statutory payments such as PF, GST, TDS, PT, and Duty.
• Review all expense vouchers and approvals before processing.
5. RTGS / Cheque Processing
• Prepare and authorize RTGS and cheque payments for vendors and statutory bodies.
• Ensure all supporting documents are attached with respective payment instruments.
• Maintain records for online payments, cheques, and RTGS transactions for audit trail.
6. Statutory & Online Payments
• Handle Tender EMD & Processing.
• Process Duty, Stamp Duty, and other government payments.
• Ensure timely deposit of all statutory payments:
o Provident Fund (PF)
o Goods & Services Tax (GST)
o Tax Deducted at Source (TDS)
o Profession Tax (PT)
Key Skills & Competencies
• Strong understanding of Accounts Receivable, Collections, and Credit Control processes.
• Proficiency in MS Excel, ERP systems, and payment reconciliation.
• Good coordination skills with Sales, Logistics, and Finance departments.
• Eye for detail, accuracy, and compliance in financial documentation.
• Strong communication and follow-up skills with vendors and customers.