Co-Ordinator, Finance, Credit Control, ACG Packaging Materials

Job Objective-

Monitoring Credit sales / Receivables on daily basis and report non-compliance in receivables.

Primary Responsibilities-

Strategic and planning-

• Secure receivables with firm commitments, with BG / LC & post-dated cheques & ensure its sustainability by avoiding overdue & bad debt.


• Ensure Standard Payment terms & conditions of credit sales based on credit analysis.

Core Functional

• Follow consistent review mechanism with party holders and customers to ensure targeted collections are received on periodic basis.


• Provide information to facilitate collections are received within agreed credit terms and overall no of days are maintained as per budget for Export / Domestic.

• Provide necessary inputs to sales team for resolving customer payment issues.


• Track & Follow for LC / Receivable Bill Discounting for timely credit of funds. 


• Highlight overdue receivables to management for corrective actions and intervention.


• Time bound settlement of on payments / unadjusted credits / discounts / Credit notes etc., to ensure periodic  Reconciliation of accounts.


• Ensure outstandings as per SAP matches with EDPMS report of RBI.


• Ensure customer accounts higine are duly maintained.


• Maintain and provide commission due statements for all agents on quarterly basis to sales and finance.

Internal Process

• Circulate report of collection performance of customer and party holder vs committed target along with reasons for delayed payments on regular basis.


• Provide country wise and customer wise bill wise outstanding to each party holders for follow up of collections.


• Monitoring Collections received in Bank, intimating to all stake holders and follow up with banks for L/C payments.


• Coordinate with party holders / quality department for early closure of material return complaints.


• Work closely with party holders on short payments and circulate status report to Sales HOD & Finance along with action plan.


• Monitor pending d3 cases and share its impact on receivables.


• Timely Balance confirmation with debtors.


• Work closely with sales team for collection of all overdue payments before release of commission payments to agents.

People development

NIL