Assistant Manager - Collections

💰 ₹14,400 - ₹23,040 (Est.) 📍 Mumbai 🕐 5 days ago

Job Description

Job Summary:

As Asst Manager Collection role you will be responsible for handling collection and credit operations for MAS BU. In this role you will be providing monthly forecast at the start of month, follow-up with customer on continuous basis to ensure that the collections are not missed as forecasted. You will have the opportunity to work on diverse tasks, including collaborating with cross functions and business unit. A detail-oriented role with a passion for accounting and driving financial excellence.

In This Role, Your Responsibilities Will Be:

Handle the collection and credit operations for MAS BU

Collection of delinquent AR invoices: contact customers, follow up on payments and engage late payer customers to maximize collection efficiency.

Setting up & scrutinizing monthly collection targets of BU

Providing Monthly Collection Forecast to HO at the start of PD. Accuracy has to be 75%.

Ensure timely & correct Cash application in Oracle for collection done. Details to be provided to Manila – Remittance team.

Updating disputes as and when notified by Customer and LBP’s. Disputes are to be monitored and resolved regularly

Periodic Customer account Reconciliation

Direct follow up with critical clients for timely collection of payments

Handle Project Billing with staggered / Milestone based Payment terms

Ensure adherence to credit policies.

Meeting with clients and inter department co-ordination.

Preparing various reports required by management related to collections and recovery.

Co-ordinate with sales/operation team for billing issues, solving customer queries related to billing and credit.

Suggest corporate on possible defaulter and initiate legal proceedings

Support for monthly closing and audits.

Who You Are:

You accurately track all the invoices which are already past due and invoices which will be falling due in current month.

You ensure timely update to Collection leader on collection forecast and any misses in collection as per forecast.

You coordinate with customers and internal stakeholders if there any issues with any invoices.

You effectively coordinate with BU’s for timely resolution of disputes raised by collection agency.

You should be able to communicate with working groups at customers place and also escalate the issues in hierarchy if issues not resolved.

For This Role, You Will Need:

Bachelor’s degree in Commerce with min 4-5 years of experience in Credit Management and Finance. MBA would be Preferred

High Adaptability to manage complex payment issues .

Advance Excel Skills

Strong and effective Communication skills

Organization skill to handle large volume of data

Working Knowledge of Oracle will be added advantage

Ability to work with Diverse, multi regional teams

Understanding of Credit Control, Collection process .

Key relationships:

Sales and Operation Team

Collaborate with Sales and Operation team for resolving customer issues.

Sales Team:

Request support of long due payment and any documenations.

Trade Debtors

Follow up for timely payments and generate outstanding reports. Initiate timely payments follow-up with debtors.

Global Teams:

Collaborate on various issues and tasks.

Our Culture & Commitment to You

At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results.

We recognize the importance of employee wellbeing. We prioritize providing competitive benefits plans, a variety of medical insurance plans, Employee Assistance Program, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.


WHY EMERSON

Our Commitment to Our People

At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.

We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.

At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.

Accessibility Assistance or Accommodation

If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: [email protected] .

ABOUT EMERSON

Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.

With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.

We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!

No calls or agencies please.

 

💡 Quick Summary

Seeking a career-building opportunity? The Assistant Manager - Collections position is now open for candidates interested in the Helper Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Helper Jobs is a plus.

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Job Details

Company Name: Emerson

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The expected salary for Assistant Manager - Collections in Mumbai is ₹14,400 - ₹23,040 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Assistant Manager - Collections is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Assistant Manager - Collections. Previous experience in Helper Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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