AR Credit Control

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

Job summary

RGBSI

AR Credit Control professionals manage receivables, ensure timely collections and minimize credit risk to maintain healthy cash flow. The role emphasizes AR ageing, disputes resolution, and coordination with sales and customers using ERP systems and Excel.

Applicants should hold a finance/accounting degree with extensive AR/credit control experience, and be adept at reporting, compliance, and process improvements within a GST-enabled environment.

Qualifications

• Bachelor’s degree in finance/accounting.
• 15 years’ experience in AR/Credit Control.
• Strong AR knowledge.
• Excellent communication and negotiation skills.
• Proficient with ERP systems and Excel.

Responsibilities

• Manage accounts receivable, ensure timely collection and reduce DSO.
• Assess creditworthiness and set credit limits.
• Coordinate with sales, service orders and customers; resolve disputes.
• Prepare AR ageing reports and cash flow forecasts.
• Handle bank guarantees, LC, and intercompany invoicing.
• Ensure compliance, audit readiness, and process improvements.

Skills

Strong AR knowledge

Communication and negotiation

ERP systems and Excel

Education

Bachelor’s degree in finance/accounting

Tools

ERP software

Microsoft 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