Requirement on Collection And Recovery Officer - Lower parel

Sanathan Textiles Limited; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Sanathan Textiles Limited is seeking an Executive / Senior Executive to handle Collections & Credit Insurance in Mumbai. The role blends financial discipline with risk management within the Finance / Accounts function.

The candidate will manage end-to-end AR, pursue timely payments, reconcile accounts, and prepare MIS reports on collections and debtor status while coordinating with Sales and Finance for efficient payment tracking.

Qualifications

• Experience in collections and accounts receivable.
• Knowledge of credit insurance processes.
• Ability to prepare MIS reports and aging analyses.

Responsibilities

• Manage end-to-end accounts receivable and collection processes.
• Follow up with customers for timely payments and overdue recovery.
• Reconcile customer accounts and resolve discrepancies.
• Maintain accurate records of collections and outstanding balances.
• Coordinate with Sales and Finance for payment tracking; prepare MIS reports.

Skills

Accounts Receivable

Collections

Credit Insurance

MIS Reporting

Reconciliation

Interdepartmental Coordination

Job description

Job Title: Executive / Senior Executive Collections & Credit Insurance

Location : Lowerparel,Mumbai

Department: Finance / Accounts

Reporting To: Manager – Accounts Manager

Role Purpose:

The role involves managing collections and accounting-related activities while also supporting Credit Insurance processes. The position requires a strong balance between financial discipline and risk management.

Key Responsibilities:

A. Collections & Accounting (70% – 75%)

• Manage end-to-end accounts receivable and collection processes
• Follow up with customers for timely payments and overdue recovery
• Reconcile customer accounts and resolve discrepancies
• Maintain accurate records of collections and outstanding balances
• Coordinate with internal teams (Sales, Finance) for payment tracking
• Prepare MIS reports on collections, aging analysis, and debtor status
• Ensure adherence to company policies and audit requirements

B. Credit Insurance (25% – 30%)

• Handle credit insurance documentation and policy management
• Coordinate with insurance providers for coverage, claims, and renewals
• Monitor customer credit limits and ensure compliance
• Support claim filing and follow-ups with insurers
• Maintain proper records related to insured customers and transactions