Collections Analyst

NTT DATA, Inc.; Maharashtra; On-site; INR 550,000 - 850,000; Full time

Job summary

NTT DATA, Inc. is seeking a seasoned Collections Analyst to manage and optimize the collections process for client payments. You will monitor accounts receivable, follow up on overdue invoices, and maintain professional relationships to secure timely payments.

Collaborate with cross-functional teams to implement effective strategies, minimize bad debt, and provide regular KPIs and cash flow insights. A finance background and strong Excel skills help you succeed in this onsite role in Maharashtra.

Qualifications

• Bachelor's degree or equivalent in Finance, Accounting, Economics, or related field.
• Seasoned experience as a Collections Analyst or in a similar financial analysis role.
• Experience working with large corporate clients.

Responsibilities

• Monitors accounts receivable and proactively contacts clients to collect outstanding payments.
• Follows up on overdue invoices via emails, calls or other channels to secure payment.
• Maintains professional communication with clients to address billing inquiries and disputes.
• Develops and implements collections strategies to reduce delinquencies and improve cash flow.
• Prepares regular reports on collections performance and KPIs for management.
• Assists with collections forecasting to support cash flow projections.
• Evaluates client credit risk and recommends credit actions.
• Collaborates with internal teams to resolve collections-related issues.
• Maintains accurate collections records and documentation.

Skills

Seasoned collections knowledge

Communication skills

Negotiation skills

Financial analysis

Attention to detail

Independence & teamwork

Regulatory knowledge

Problem-solving

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Collections software

Financial analysis tools

Microsoft Office (Excel)

Job description

Make an impact with NTT DATA

Join a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.

Your day at NTT DATA

The Collections Analyst is a seasoned subject matter expert, responsible for managing and optimizing the collections process for outstanding payments from clients. This role involves closely monitoring accounts receivable, following up on overdue invoices, and maintains positive relationships with clients to ensure timely and successful collections. The Collections Analyst collaborates with relevant cross functional teams to implement effective collections strategies and minimize bad debt exposure.

Key responsibilities

• Monitors accounts receivable and proactively contacts clients/other external parties to collect outstanding payments.
• Follows up on overdue invoices through emails, phone calls, or other communication channels to secure timely payment.
• Maintains positive and professional communication with clients/other external parties to address billing inquiries, resolve disputes, and negotiate payment arrangements.
• Develops and implements effective collections strategies to reduce delinquent accounts and improve cash flow.
• Accurately applies received payments to appropriate client accounts and reconciles discrepancies.
• Investigates and resolves billing disputes or discrepancies with clients and internal stakeholders.
• Prepares regular reports on collections performance, aging of accounts receivable, and key performance indicators (KPIs) for management review.
• Assists with collections forecasting to provide insights into cash flow projections.
• Evaluates client credit risk and recommends appropriate credit limits or credit hold actions.
• Works closely with relevant internal teams/stakeholders to address collections-related issues and improve overall business processes.
• Maintains accurate and up-to-date collections records and documentation.
• Performs any other credit analysis duties as required by the role.

To thrive in this role, you need to have:

• Seasoned understanding of collections processes and best practices.
• Seasoned understanding of collections software, financial analysis tools, and Microsoft Office Suite (especially Excel).
• Excellent communication and negotiation skills.
• Excellent attention to detail and ability to manage multiple priorities effectively.
• Ability to work independently and as part of a team.
• Seasoned knowledge of relevant industry regulations and compliance requirements.
• Good problem-solving and analytical abilities to resolve collections issues and disputes.

Academic qualifications and certifications

• Bachelor's degree or equivalent in Finance, Accounting, Economics, or a related field preferred.

Required experience

• Seasoned experience as a Collections Analyst or in a similar financial analysis role is preferred.
• Seasoned experience working with large corporate clients.

Workplace type

On-site Working

About NTT DATA

NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.

Equal Opportunity Employer

NTT DATA is proud to be an Equal Opportunity Employer with a global culture that embraces diversity. We are committed to providing an environment free of unfair discrimination and harassment. We do not discriminate based on age, race, colour, gender, sexual orientation, religion, nationality, disability, pregnancy, marital status, veteran status, or any other protected category. Join our growing global team and accelerate your career with us.