Collections Manager

Siemens Mobility; Thane; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Siemens Financial Services India seeks a Collections Manager to oversee the delinquent portfolio for factoring across India. You will manage recovery strategies, visit customers, coordinate with internal teams and ensure timely application of receipts. Strong negotiation, communication in English and Hindi, and MS Office skills are essential.

The role is based in Mumbai with potential travel across India, offering opportunities to shape financial solutions within Siemens' global services network.

Qualifications

• Delinquency management for factoring products across pan-India
• Excellent communication and negotiation skills with stakeholders
• Fluent in English and Hindi (spoken and written)
• Team player with ability to work under pressure
• Proficient with MS Office and data tools including digitalization and AI

Responsibilities

• Manage delinquent portfolio for factoring product across India
• Oversee delinquency lifecycle from current bucket to post-write-off
• Visit delinquent customers and strategize recovery
• Coordinate with cross-functional teams for early resolution
• Ensure receipts are correctly applied to accounts on time
• Highlight early warning signs and reconcile accounts

Skills

Delinquency management

Negotiation skills

Communication skills

MS Office

English & Hindi

Education

Bachelor's degree

Tools

MS Office

Job description

Profesional Junior

Collections Manager (SFS)

Siemens Financial Services India is a subsidiary of Siemens AG, with a vintage of almost 13 years in India. It operates as part of Siemens AG's global financial services division, focusing specifically on innovative and tailor-made financial models like Leases, Loans, and Working Capital Solutions for segments ranging from SMEs to large corporates in India. The company's expertise spans across multiple industries, including healthcare, manufacturing, Renewables, Technology, Industry and more. This industry focus enables SFS India to understand the specific financial challenges and opportunities faced by businesses in different sectors and then tailormade financial solutions for customers in that Industry. SFS India leverages technology solutions to enhance its financial offerings. This may include digital platforms for loan processing, online account management, and data analytics for financial decision making.

Come, Change the future with us!

In your primary role, you will be responsible for the following:

• Responsible for delinquent Portfolio of Factoring product / Factoring Business for Pan India
• Managing Delinquency of entire India from Current Bucket till and post write off
• Visiting Delinquent customers
• To Strategize the recovery based on Obligor / Debtors (Seller-Buyer)
• Chasing customers for default and late payment
• Collaborate with other teams for early resolution
• To get the receipt applied in the respective accounts on time
• To highlight any Early Warning sign if any
• Reconciliation of accounts

Knowledge and Experience

• Basic Factoring Product knowledge
• Seller and Buyer concept in Factoring
• Should have >5 years' experience in equivalent field
• Should have Excellent Communication Skills and Convincing Power and negotiation skills
• Fluent in English & Hindi (Spoken and Written)
• Team player
• Good at MS Office and other tools including Digitalization and use of AI
• Should be able to work under pressure

Make your mark in the cool and exciting world at Siemens!

This role is based in Mumbai. You'll also get to visit other locations in India and beyond, so you'll need to go where this journey takes you. In return, you'll get the chance to work with teams impacting entire cities, countries - and the craft of things to come.

We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries Last but not the least, we're dedicated to equality, and we welcome applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us craft tomorrow.