Dy. Manager - Credit Control - Surat

Magicrete Building Solutions Pvt. ltd.; Surat; On-site; INR 600,000 - 900,000; Full time

Job summary

Magicrete Building Solutions Pvt. ltd. is seeking a Credit Control Specialist to manage credit assessments, credit limits, order approvals, and collections.

You will monitor customer accounting, prepare MIS, and provide risk insights to support timely order processing in a manufacturing/B2B environment. The role requires strong Excel skills, financial analysis, and stakeholder coordination to minimize risk while ensuring smooth operations.

Qualifications

• Strong proficiency in MS Excel and financial analysis.

Responsibilities

• Conduct financial and commercial due diligence for new customer onboarding.
• Evaluate customer financial strength, payment history, creditworthiness and risks.
• Recommend appropriate credit limits and payment terms for new customers.
• Review and ensure adequate credit limits for new customers based on business requirements and risk.
• Monitor customer exposure against approved limits and obtain necessary approvals.
• Prepare and maintain monthly Credit Control MIS and provide insights on ageing and risks.

Skills

MS Excel

Job description

Responsible for managing credit control activities, customer credit assessment, credit limits, sales order approvals, customer accounting, collections, and credit-related MIS. The role will ensure effective credit risk management while supporting smooth business operations and timely order processing.

Key Responsibilities

• Conduct thorough financial and commercial due diligence for new customer onboarding.
• Evaluate customer financial strength, payment history, creditworthiness, and associated risks.
• Recommend appropriate credit limits and payment terms for new customers.

Credit Limit Management

• Review and ensure adequate credit limits for new customers based on business requirements and credit risk.
• Periodically review existing customer credit limits and recommend increases or revisions based on business performance and payment behaviour.
• Monitor customer exposure against approved credit limits and highlight potential risks.
• Ensure timely review and approval of sales orders from a credit-control perspective.
• Monitor orders exceeding approved credit limits or payment terms and ensure appropriate approvals are obtained.
• Coordinate with relevant stakeholders to avoid unnecessary delays in order processing.

Customer Accounting & Collections

• Monitor customer collections and outstanding receivables.
• Oversee customer accounting activities including Credit Notes, Debit Notes, LC Discounting, Commission Agent Accounting, and related transactions.
• Ensure accurate accounting and timely resolution of customer-related financial issues.
• Drive rigorous follow-up of active and inactive customers for outstanding payments and account closure.

Credit Control MIS & Reporting

• Prepare and maintain monthly Credit Control MIS covering customer exposure, credit limits, outstanding receivables, collections, overdue amounts, and key credit risks.
• Provide insights and analysis on customer credit performance and ageing.
• Prepare Board Meeting presentations and management reports related to Credit Control.

Required Qualification

• Strong proficiency in MS Excel and financial analysis.

Experience & Industry Background

• 5–8 years of experience in Credit Control, Credit Management, Accounts Receivable, Finance, or related roles.
• Experience in manufacturing, building materials, cement, construction, or other B2B industries will be preferred.
• Strong understanding of customer credit assessment, receivables, collections, credit limits, and financial risk management.
• Good analytical, communication, follow-up, and stakeholder management skills