Deputy Manager - Credit

Ingram Micro; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Ingram Micro in Mumbai seeks a Credit Analyst to develop and implement policies for evaluating creditworthiness, monitor receivables, and coordinate with legal and collections teams to optimize cash flow.

The role involves reviewing contracts, maintaining master data, conducting internal audits, ensuring data protection compliance, and providing insights on receivables trends to management.

Qualifications

• Experience assessing credit risk and determining credit limits.
• Ability to monitor receivables and enforce payment terms.
• Knowledge of data protection rules and financial regulations.

Responsibilities

• Assessing credit risks and managing credit policies.
• Monitoring due dates and following up on payments.
• Recording payments and reconciling accounts.
• Coordinating with legal and debt collection for actions.
• Reviewing contracts for accuracy and compliance.

Skills

Credit risk assessment

Receivables management

Regulatory compliance

Data protection awareness

Contract review

Negotiation

Tools

ERP software

CRM system

Job description

Develops, recommends, and implements policies and procedures for investigating and evaluating new and existing customer creditworthiness and extending or revoking credit lines/limits. Coordinates with internal departments to resolve billing disputes that may affect the ability to collect receivables. Reviews and makes recommendations regarding bad debt or write-offs. Investigates and analyses credit risks, using available internet and credit agency tools and information. Recommends and implements credit extensions/revocations, and/or legal action where necessary. Develops and maintains relationships with outside credit agencies. Ensures procedures and internal controls are followed in compliance with Sarbanes-Oxley initiatives.

Job Responsibilities:

• Assessing credit risks and managing credit insurance policies, if applicable.
• Monitoring payment due dates and following up with customers for timely payments.
• Sending payment reminders and statements to customers with overdue balances.
• Recording payments received and reconciling accounts. Advise management on regulatory changes impacting business.
• Implementation and monitoring of Data protection laws and policies, including training Ingram Micro associates.
• Maintaining customer master data, including contact information, credit limits, and payment terms.
• Reviewing sales contracts and agreements for accuracy and completeness.
• Conducting internal audits to identify errors, discrepancies, or fraudulent activities.
• Implementing controls and procedures to safeguard against unauthorized transactions.
• Analyzing receivables data to assess customer creditworthiness and risk exposure.
• Developing and implementing credit policies and strategies to optimize cash flow and minimize bad debts.
• Generating reports and providing insights to management on receivables performance and trends.
• Managing overdue accounts and initiating collection efforts.
• Coordinating with legal advisors or debt collection agencies for legal actions or recovery procedures.
• Negotiating settlements and payment plans with delinquent customers.