Assistant Manager - Credit Control

Sterlite Electric; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Sterlite Electric in India seeks an Assistant Manager- Credit Control (Power Sector) to lead accounts receivable, credit control and collections for EPC/project-based operations. You will drive collections, monitor ageing, and coordinate with project, sales and finance teams to ensure timely invoicing and healthy cash flow.

Key focus is on milestone-based billing, MIS reporting, and strong SAP/Excel analytics. Travel ~50% and stakeholder negotiation are essential.

Qualifications

• Strong experience in Credit Control, Accounts Receivable, and Collections.
• Background in EPC, Infrastructure, Power, Electrical, Industrial, or project-based businesses with milestone-linked billing.
• Strong analytical and reporting capabilities with expertise in SAP and Advanced Excel (Pivot Tables, VLOOKUP/XLOOKUP, Dashboards).
• Excellent stakeholder management, communication, and negotiation skills.
• Travel around 50%.

Responsibilities

• Drive collections by following up on overdue payments with customers and internal stakeholders; monitor accounts receivable and ensure compliance with terms.
• Reconcile customer accounts, invoices, receipts, and ledgers to maintain accurate records.
• Manage milestone-based billing and invoice tracking for EPC projects; monitor overdue balances, retentions, and receivables.
• Coordinate with project, sales, finance, and site teams to resolve billing and collection issues.
• Prepare MIS reports such as Collection Reports, Ageing Analysis, Collection Forecasts, Retention Reports, and Project-wise Receivable Dashboards.
• Analyze payment trends, ageing, and collection performance to provide management insights.
• Support cash flow forecasting, working capital planning, audits, and customer balance confirmations; monitor customer credit exposure and adherence to credit limits.

Skills

Credit control

Accounts receivable

Collections

Stakeholder management

SAP

Advanced Excel

Tools

SAP

Excel

Job description

Job Description:

Position Title

Assistant Manager- Credit Control (Power Sector)

Position Summary

The role is focused on Accounts Receivable (AR), Credit Control, and Collections Management within an EPC/project-based business environment. The incumbent will be responsible for ensuring timely collections, monitoring receivables, managing milestone-based invoicing, and supporting cash flow management through effective stakeholder coordination and reporting

Key Accountabilities / Responsibilities

• Drive collections by following up on overdue payments with customers and internal stakeholders.Monitor accounts receivable and ensure compliance with agreed credit terms.
• Reconcile customer accounts, invoices, receipts, and ledgers to maintain accurate records.
• Manage milestone-based billing and invoice tracking for EPC projects.Monitor overdue balances, retentions/withheld amounts, and outstanding receivables.
• Coordinate with project, sales, finance, and site teams to resolve billing and collection issues.
• Prepare and publish MIS reports such as Collection Reports, Ageing Analysis, Collection Forecasts, Retention Reports, and Project-wise Receivable Dashboards.
• Analyze payment trends, ageing, and collection performance to provide management insights.
• Support cash flow forecasting, working capital planning, audits, and customer balance confirmations.Monitor customer credit exposure and ensure adherence to approved credit limits

Critical Success Factors - Essential

• Strong experience in Credit Control, Accounts Receivable, and Collections.Background in EPC, Infrastructure, Power, Electrical, Industrial, or Project-based businesses with milestone-linked billing.
• Good understanding of project contracts, payment milestones, retentions, and customer reconciliations.
• Strong analytical and reporting capabilities with expertise in SAP and Advanced Excel (Pivot Tables, VLOOKUP/XLOOKUP, Dashboards).
• Excellent stakeholder management, communication, and negotiation skills
• 5-8 years of relevant experience
• Travel Requirement: Approximately 50%

Competencies

• Behavioural - Information Seeking
• Behavioural - Initiative
• Behavioural - Innovative Thinking
• Functional - Financial
• Functional - Operational
• Functional - People
• Functional - Strategic

About Us

Sterlite is engaged in the business of manufacturing and supplying high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW), to over seventy countries. Formerly part of Sterlite Power Transmission Ltd Global Products and Services Business, the company has proven track record of being a leading cable solution provider with four state-of-the-art manufacturing facilities. With a strong focus on innovation and sustainability, Sterlite also possesses EPC turnkey capabilities to provide end-to-end integrated cables solutions to its customers. Its specialized EPC vertical provides solutions for the upgrade, uprate, and fiberization of existing transmission infrastructure projects advancing the carriage towards a green energy-efficient future.