Assistant Vice President - Order to Cash
- Genpact India
- 6 to 11 Yrs
- Noida, Gurugram
- 4 years ago
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Job Description
*With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world s biggest brands and we have fun doing it. Now, we re calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us.
Transformation happens here. Come, be a part of our exciting journeyInviting applications for the role of AVP, Order to CashWe are looking for someone with extensive knowledge and understanding of entire order to cash process management and improvement in a fairly fast paced business environment
Are you the one we are looking for Responsibilities- Conduct credit investigations, grants or holds shipments based on customer s available credit and initiates collections from delinquent accounts. Works directly with sales management to ensure all steps have been taken to improve the customer s credit limit for the purpose of improving sales while mitigating risk.
- Investigate and verify the financial status and reputation of prospective customers applying for credit, prepares documents to substantiate findings, and recommends rejection or approval of applications.
- Assess/Develop/Deploy best practices for the improvement of AR working capital and decreased bad debt expense
- Establish credit limits on customer accounts and handle special credit arrangements and deviations from standard terms of payment.
- Review collection reports ascertaining the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy.
- Audit delinquent accounts considered to be noncollectable to ensure maximum efforts have been taken before assigning bad debt status to the account.
- Work with sales personnel when facing collection challenges and provide them an opportunity to resolve delinquencies before submitting an account to a collection agency or attorney.
- Submit delinquent accounts to an outside collection agency or attorney (when applicable) for collection purposes.
- Manage preparation of all related month-end reports as part of the month-end close process.
- Collaborate with other departments on accounting and finance-related projects.
- Participate in the annual audit. Completes all A/R related audit schedules according to the timeline set forth
- Directly and indirectly, manage Credit & Collection employees in the North and South region.
Minimum qualifications
- Bachelor s degree in Accounting, Finance, or Business
- Relevant years of supervisory/ management level experience in Credit & Collections
- Must be able to perform accounting and financial calculations, including determining interest rates, payment schedules, etc.
- Knowledge of bankruptcy filing laws
- Strong financial analytical skills and problem solving skills
- Ability to read and interpret credit reports, financial statements and other financial or accounting related information
- Proficient in MS Office applications, such as Word, Excel, PowerPoint, etc
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
,Employement Category:
Employement Type: Full timeIndustry: IT - SoftwareRole Category: Sales / BDFunctional Area: Not ApplicableRole/Responsibilies: Assistant Vice President - Order to CashContact Details:
Company: Genpact IndiaLocation(s): Noida, Gurugram
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Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and ...
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