Manager - Credit Control & Accounts Receivable

Sumangala Steel; Chennai District; On-site; INR 1,200,000 - 1,500,000; Full time

Job summary

Sumangala Steel Private Limited in Chennai seeks a Manager Credit Control & Accounts Receivable to lead credit authorization, control, and collections. You will oversee dealer and institutional credit, manage receivables, and collaborate with sales to optimize risk-adjusted growth.

The role requires 10+ years of experience in large companies, Commerce with MBA preferred, and willingness to travel across Tamil Nadu for customer visits and credit assessments.

Qualifications

• 10+ years of experience in credit control in large companies.
• Experience in credit authorization & control, accounts receivable management.
• MBA will be an added advantage.

Responsibilities

• Manage dealer credit in BtoC and institutional credit in BtoB to real estate developers.
• Conduct comprehensive credit risk assessments including balance sheets, net worth, trade refs, bank refs and local market references.
• Establish and monitor credit limits and payment terms based on customer creditworthiness and risk.
• Manage accounts receivable and ageing; ensure timely collection of outstanding dues.
• Monitor overdue accounts and take appropriate follow-up and escalation measures to improve collections.
• Work closely with the Sales team to balance sales growth with prudent credit management.
• Develop and implement credit policies and procedures to strengthen credit control and improve sales efficiency.
• Identify opportunities for innovative financing and credit solutions that support business growth while minimizing credit risk.
• Provide regular reports and updates to management on receivables, ageing, collections, credit exposure and high-risk accounts.
• Be willing to travel across Tamil Nadu as required for customer visits, credit assessments and collection follow-ups.

Skills

Credit management

Credit risk assessment

Accounts receivable

Collections

Credit policy development

Education

Commerce degree

MBA (added advantage)

Job description

Manager Credit Control & Accounts Receivable

About the Company

Sumangala Steel Private Limited is one of Indias leading manufacturers of premium-quality TMT bars, with over 40 years of industry expertise. With a manufacturing capacity of 200,000 tonnes per annum and a turnover of approximately Rs. 1,000 Crores, the company has established a strong brand presence across South India.

Location:

Chennai

Experience:

Minimum 10 years in large companies, with extensive experience in credit authorization & control, accounts receivable management, preferably in distribution and manufacturing environments.

Salary:

Rs. 12- 15 Lakhs per annum, based on experience and capability.

Education:

Commerce graduate; MBA will be an added advantage.

Key Responsibilities

• Manage dealer credit in BtoC as well as institutional credit BtoB to real estate developers and large contractors.
• Conduct comprehensive credit risk assessments, including evaluation of balance sheets, net worth, trade references, bank references and local market references.
• Establish and monitor credit limits and payment terms based on customer creditworthiness and risk.
• Manage accounts receivable and ageing, ensuring timely collection of outstanding dues.
• Monitor overdue accounts and take appropriate follow-up and escalation measures to improve collections.
• Work closely with the Sales team to balance sales growth with prudent credit management.
• Develop and implement credit policies and procedures to strengthen credit control and improve sales efficiency.
• Identify opportunities for innovative financing and credit solutions that support business growth while minimizing credit risk.
• Provide regular reports and updates to management on receivables, ageing, collections, credit exposure and high-risk accounts.
• Be willing to travel across Tamil Nadu as required for customer visits, credit assessments and collection follow-ups.