AR Credit Control

RGBSI; India; On-site; INR 600,000 - 900,000; Full time

Job summary

RGBSI is seeking an AR Credit Control professional to manage accounts receivable, assess credit risk, and optimize cash flow. The role involves coordinating with sales teams, handling collections, and preparing AR reports to ensure compliance and timely reconciliations.

Ideal candidates will have extensive AR knowledge, strong communication/negotiation skills, and experience with ERP systems and Excel. This position is based in India and requires fulltime engagement with on-site responsibilities.

Qualifications

• Bachelor’s degree in finance/accounting.
• 15 years’ experience in AR and credit control.
• Strong AR knowledge with proficient communication and negotiation skills.
• Experience with ERP systems and Excel.

Responsibilities

• Manage accounts receivable and monitor aging.
• Coordinate with sales and ensure timely collections.
• Prepare AR reports and ensure compliance.
• Identify automation opportunities and improve efficiency.
• Handle bank guarantees, LC, and cash applications.

Skills

AR knowledge

Communication & negotiation

ERP systems

Excel

Education

Bachelor’s degree in finance/accounting

Tools

ERP software

Excel

Job description

JOB DESCRIPTION: AR CREDIT CONTROL

Job Title: AR Credit Control

Job Purpose:

The AR Credit Control role is responsible for managing receivables, ensuring timely collections, minimizing credit risk, and maintaining healthy cash flow.

Key Responsibilities:

1. Accounts Receivable Management

• Monitor customer accounts and ensure timely collection
• Maintain AR aging and follow up on overdue balances
• Reconcile customer accounts
• Submission of LC to bank, Co-ordinate Bank guarantees to Customers

2. Credit Risk Management

• Assess customer creditworthiness
• Set and review credit limits
• Monitor exposure and enforce policies

3. Collections & Coordination

• Follow up with customers
• Collaborate with sales teams
• Resolve disputes

4. Cash Flow Optimization

• Reduce DSO
• Support cash forecasting

5. Reporting & Compliance

• Prepare AR reports
• Ensure compliance and audit readiness

6. Process Improvement

• Identify automation opportunities
• Improve efficiency

Key Performance Indicators:

• DSO
• Aging profile
• Collection effectiveness

Qualifications & Experience:

• Bachelor’s degree in finance/accounting
• 15 years’ experience in AR/Credit Control

Skills:

• Strong AR knowledge
• Communication and negotiation
• ERP systems and Excel

Detailed Description for AR-Credit Control

AR / Credit control functions:

• Preparation of monthly AR ageing report
• Circulating AR ageing report to sales team with proper collection target.
• Forecast the expected collection target beginning of the month and ensure money is collected.
• Closely liaise with Sales Team/Customer Service Order Execution/Customer to ensure Invoices are accounted/bills are uploaded timely
• Handling of Bank Guarantees
• Submission of Bill of Exchange to Bank timely and ensure LC acceptance
• Handling of LC discounting
• Review and approval of all the contract: Check the payment terms, Credit Limits, financial risk, overdue position/previous payment history of the customer
• Credit Limit monitoring: regular revision of credit limits of customers as per Credit Policy and hold release of account. Ensure necessary approvals are in place
• Dispute management: Handling of issuing credit note/debit note, GST related issues with respect to supply invoices and ensure necessary approval.
• Balance confirmation: Regular reconciliation of customer balances.
• Cash application: Ensure accurate recording of customer payment, pass necessary TDS/GST TDS entry in the books and reconciliation of AR sub-ledger to general ledger.
• Handling Audit, preparation of various schedule respect the AR
• Regular monitoring of CRM out of process cases
• Tred’s platform onboarding
• Creation of necessary provision of doubtful debts, ECL metrics
• LD exposure & passing necessary LD entry.
• Passing write off entries related to AR not collectables after necessary approvals.

Shared Service Invoicing - SIEC/IAT/Sales & Marketing supported Intercompany related activities:

• Monthly generation of SIEC/IAT Invoices as per agreed per hour rate.
• Preparation of consolidated report related to SIEC
• Submission of statement of account related Intercompany transaction related AR
• Follow-up for payment collection
• Maintain proper record and transaction related to ECB transactions
• Regular ECB return submission to AD banker.

Treasury related activities:

• Rollover of STL loan
• Onboarding of new Authorized signatory
• Changes in Bank Authorized signatory
• Automation of Import Online Payment
• Handling BG and LC related activities
• Form OPI submission
• Processing of employees share redemption
• Handling RBI related compliance with respect ESOP, Capital Infusion, LEI etc
• ECB return

Monthly reports:

• 1. Cash flow preparation
• 2. Preparation of AR ageing report
• 3. Export sales report
• 4. Intercompany closing balance
• 5. LD exposure
• 6. ECB loan re-instated statement
• 7. Various others Audit schedule