Credit Control Manager - F&A

Gloster Cables Limited; Hyderabad; On-site; INR 800,000 - 1,500,000; Full time

Job summary

Gloster Cables Limited is seeking a skilled Credit Control professional to manage the O2C cycle and ensure timely receivables realization. You will oversee pre-billing credit checks, monitor credit limits, and coordinate with Sales, Commercial and Finance for smooth order release.

The ideal candidate has 5–8 years of experience in credit control or finance, with exposure to channel finance, bank limits, and documentation. This role reports to the GM (F&A) and is based in Hyderabad.

Qualifications

• Must have 5–8 years of relevant experience in credit control.
• Graduate or postgraduate in Commerce or MBA Finance.
• Experience with Channel Finance, LC/BG/EMD and related banking docs.

Responsibilities

• Verify credit limits, terms and balances before order booking and billing.
• Monitor Channel Finance limits, LC acceptance, BG/EMD and required documents.
• Coordinate with Sales, Commercial and Finance for order release and credit approvals.
• Track overdue reports, receivables ageing and collection targets.
• Follow up with Sales and Branches for payments; manage 30/60/90 day outstanding.
• Coordinate with banks for limits and invoice discounting; ensure utilization.
• Prepare exception notes and monitor policy compliance.
• Perform monthly customer account reconciliation and MIS reporting.

Skills

Credit control

Receivables management

ERP knowledge

MIS reporting

Credit risk assessment

Education

Bachelor's/Master's in Commerce or MBA Finance

Tools

ERP system

Job description

Role & responsibilities

Manage credit control across the Order-to-Cash (O2C) cycle, ensure timely receivables realization, reduce overdue outstanding, manage credit risk and maintain accurate customer accounts.

1. CREDIT CONTROL BEFORE BILLING

• Verify customer credit limits, payment terms and outstanding balances before order booking and billing.
• Monitor Channel Finance limits, LC acceptance, BG/EMD and required documentation.
• Coordinate with Sales, Commercial and Finance for order release, billing and credit approvals.

2. OVERDUE FOLLOW-UP & COLLECTIONS

• Monitor overdue reports, receivables ageing and collection targets.
• Follow up with Sales Teams and Branches for payments and overdue commitments.
• Track LC acceptance, realization and outstanding beyond 30/60/90 days.
• Update customer commitments and collection status in ERP.

3. CHANNEL FINANCE & BANK LIMIT MANAGEMENT

• Coordinate with Channel Finance partners and banks for limits, documentation and utilization.
• Monitor invoice discounting, realization and customer-wise limit availability.
• Resolve documentation discrepancies and support further billing within approved limits.

4. CREDIT NOTE / DEBIT NOTE MANAGEMENT

• Verify and process Credit Note (CN) / Debit Note (DN) requests with supporting documents and approvals.
• Coordinate with Sales, Stores, Quality and Finance for timely processing.
• Maintain CN/DN records and ensure policy compliance.

5. EXCEPTION NOTE PREPARATION

• Identify deviations from credit policy, payment terms and approved credit limits.
• Prepare Exception Notes with risk assessment for management approval.
• Monitor approved exceptions and report their status to Management.

6. CUSTOMER ACCOUNT RECONCILIATION & REPORTING

• Perform monthly customer account reconciliation and balance confirmations.
• Resolve discrepancies and ensure accurate customer balances in ERP.
• Prepare MIS reports on receivables, ageing, collection efficiency and Channel Finance utilization.

Ideal Candidate:

Graduate/Postgraduate in Commerce or MBA (Finance), with 5-8 years of relevant experience, reporting to the GM (F&A).