Job Description
Job Description – Credit Control (Ready-Mix Concrete Industry)
Position: Credit Control Executive / Manager
Department: Finance & Accounts
Industry: Ready-Mix Concrete (RMC)
Location: Thane
Reporting To: Finance Manager / Head of Accounts
Role Objective:
To manage the company’s receivables by ensuring timely collection of payments from customers, monitoring credit exposure, minimizing bad debts, and supporting business growth with prudent credit risk management.
Key Responsibilities:
• Credit Management & Risk Assessment
• Evaluate and approve customer credit applications in line with company policy.
• Assess client creditworthiness based on financials, payment history, and market reputation.
• Recommend credit limits and terms for new and existing customers.
• Receivables Monitoring & Collection
• Track outstanding invoices and ensure timely follow-up with customers for payments.
• Reconcile customer accounts and resolve disputes regarding billing, quantities, or delivery.
• Coordinate with the sales and dispatch teams to ensure payment terms are enforced before delivery.
• Reporting & Analysis
• Prepare daily, weekly, and monthly receivables reports (DSO, ageing analysis).
• Highlight overdue accounts and escalate critical cases to management.
• Maintain customer-wise payment performance records.
• Coordination with Internal Teams
• Work closely with the sales team to align credit approvals with business opportunities.
• Liaise with dispatch and operations to hold/delay supplies for overdue clients when necessary.
• Support finance team in preparing MIS reports on receivables and cash flow.
• Legal & Compliance
• Follow up on legal cases for chronic defaulters in coordination with legal advisors.
• Ensure compliance with company credit policies and statutory requirements (GST, invoicing norms, etc.).
Key Skills & Competencies:
• Strong knowledge of credit control and receivables management.
• Good understanding of the construction/RMC industry billing cycle.
• Excellent communication and negotiation skills.
• Analytical ability to assess financial risks.
• Proficiency in MS Excel, ERP, or accounting software (SAP/Tally/Oracle).
Qualifications & Experience:
• Graduate / Postgraduate in Commerce, Finance, or Accounting.
• 4–8 years of experience in credit control/receivables, preferably in construction, building materials, or RMC industry.
• Experience in handling large corporate clients and contractors will be an advantage.
Performance Indicators (KPIs):
• Reduction in Days Sales Outstanding (DSO).
• Percentage of overdue recovery.
• Credit risk exposure maintained within approved limits.
• Timely reporting and dispute resolution.
Position: Credit Control Executive / Manager
Department: Finance & Accounts
Industry: Ready-Mix Concrete (RMC)
Location: Thane
Reporting To: Finance Manager / Head of Accounts
Role Objective:
To manage the company’s receivables by ensuring timely collection of payments from customers, monitoring credit exposure, minimizing bad debts, and supporting business growth with prudent credit risk management.
Key Responsibilities:
• Credit Management & Risk Assessment
• Evaluate and approve customer credit applications in line with company policy.
• Assess client creditworthiness based on financials, payment history, and market reputation.
• Recommend credit limits and terms for new and existing customers.
• Receivables Monitoring & Collection
• Track outstanding invoices and ensure timely follow-up with customers for payments.
• Reconcile customer accounts and resolve disputes regarding billing, quantities, or delivery.
• Coordinate with the sales and dispatch teams to ensure payment terms are enforced before delivery.
• Reporting & Analysis
• Prepare daily, weekly, and monthly receivables reports (DSO, ageing analysis).
• Highlight overdue accounts and escalate critical cases to management.
• Maintain customer-wise payment performance records.
• Coordination with Internal Teams
• Work closely with the sales team to align credit approvals with business opportunities.
• Liaise with dispatch and operations to hold/delay supplies for overdue clients when necessary.
• Support finance team in preparing MIS reports on receivables and cash flow.
• Legal & Compliance
• Follow up on legal cases for chronic defaulters in coordination with legal advisors.
• Ensure compliance with company credit policies and statutory requirements (GST, invoicing norms, etc.).
Key Skills & Competencies:
• Strong knowledge of credit control and receivables management.
• Good understanding of the construction/RMC industry billing cycle.
• Excellent communication and negotiation skills.
• Analytical ability to assess financial risks.
• Proficiency in MS Excel, ERP, or accounting software (SAP/Tally/Oracle).
Qualifications & Experience:
• Graduate / Postgraduate in Commerce, Finance, or Accounting.
• 4–8 years of experience in credit control/receivables, preferably in construction, building materials, or RMC industry.
• Experience in handling large corporate clients and contractors will be an advantage.
Performance Indicators (KPIs):
• Reduction in Days Sales Outstanding (DSO).
• Percentage of overdue recovery.
• Credit risk exposure maintained within approved limits.
• Timely reporting and dispute resolution.
💡 Quick Summary
Seeking a career-building opportunity? The Credit Controller position is now open for candidates interested in the Accountant Jobs sector. This role in Thane 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 Accountant Jobs is a plus.