JOB OVERVIEW  

•  Ensure accurate & timely billing of all revenue streams to corporate customers.

• Ensure recovery targets of billing.

• Ensure timely punching of collections by banks as per Agreement.

• Responsible for timely remittance of funds from banks through processing agent as per Agreement.

MAJOR RESPONSIBILITIES

Devise Policies and SOPs

• Devise policies and standard operation procedures (SOPs) for revenue generation by the corporate segment customers.

 Monitor Recovery Targets

• Develop and monitor region wise recovery targets and their follow-ups.

• Synchronize with BnCC team for timely availability of defaulter’s data to the respective regions and works for the improvement of system data to eradicate errors.

• Coordinate effectively with the concerned legal authority for recovery of default amount.

 Maintains Coordination

• Coordinate with auditors and provide them the necessary information for audit.

• Coordinate with sales teams of the concerned regions and resolve any dispute within or outside the department.

Reporting

• Timely reporting of performance of concerned regions and the comparative figures.

Funds allocation

• Approval of required funds to sales & revenue teams and ensure its optimum utilization in the concerned regions.

 Analyze

• Analyze monthly default percentage of concerned regions.

 Ensure/ Monitor

• Ensuring a credit check on the working accounts reported as exception.

• Continuously review the operations of credit management centers to improve efficiency, effectiveness and bring innovation in recovery tools.

 Control Activities

• Ensure compliance with legal and ethical standards.

 Undertake Performance Management

• Monitor and evaluate reporting employees.

 Functional Competencies:

•             Billing and customer management

•             Receivable management

•             Pricing and Tariff

•             Compliance credit policy

•             Management reporting

•             Financial & Accounting policies and procedure

 Requirements:

Education

•  ACCA

• CIMA

• Chartered Accountant (ACA)

• Cost & Management Accountant (ACMA)

• Masters Degree (Finance) from a reputed university

 Experience:

• 05-08 years of experience

• Recovery Management Experience

• Proven track record in raising capital and managing obligations to funding partners

- Solid understanding of applicable accounting principles and in particular, those related to the E&P environment