Assistant Manager - Credit control

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

Job summary

Sterlite Electric Limited is seeking an Assistant Manager- Credit Control for the Power Sector to lead AR, credit control and collections. The role emphasizes timely collections, invoicing milestones, and cash flow support within EPC/projects.

You will coordinate with project teams, sales, and finance to manage receivables and ensure compliance with credit terms. The ideal candidate will have 5-8 years of relevant experience in credit control, strong analytical skills, and advanced Excel/SAP

Qualifications

• 5-8 years of relevant Credit Control, AR, and Collections experience.
• Experience in EPC, infrastructure or power project-based businesses.
• Strong SAP and Advanced Excel skills including Pivot Tables and VLOOKUP/XLOOKUP.

Responsibilities

• Drive collections by following up on overdue payments with customers and internal stakeholders.
• Reconcile customer accounts, invoices, receipts, and ledgers to maintain accuracy.
• Manage milestone-based billing and invoice tracking for EPC projects.
• 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 and working capital planning.

Skills

Credit Control

Accounts Receivable

Collections

SAP

Advanced Excel

Stakeholder Management

EPC/Projects experience

Tools

Pivot Tables

VLOOKUP/XLOOKUP

Dashboards

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 Electric Limited (formerly known as Sterlite Power Transmission Limited) is a manufacturer of capital goods and a provider of system integration solutions, specializing in the power transmission and distribution (Power T&D) industry for both domestic and international markets. Its product portfolio includes a wide range of overhead conductors, power cables, optical ground wire (OPGW), along with the provision of master system integration (MSI) services. The company supplied products and services to customers in over 70 countries including North America, Latin America, Europe, Africa, the Middle East and Asia from April 1, 2022, to March 31, 2025. It currently operates four manufacturing facilities strategically located across India, positioned near key raw material sources and major transportation hubs, including seaports. Facilities in Jharsuguda (Odisha), Piparia and Rakholi (Dadra and Nagar Haveli) specialize in overhead conductor manufacturing. The Haridwar (Uttarakhand) facility is dedicated to power cables, while the Piparia facility also manufactures OPGW. Sterlite Electric is also in the process of setting up a new power cable manufacturing facility in Vadodara (Gujarat)