Collection Executive
Gilbarco Veeder Root- Posted 12 hours ago
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Job Description
About the Role:
We are seeking a skilled and proactive Collection Executive to join our team at Gilbarco Veeder-Root. In this role, you will be responsible for driving timely cash flow, reducing old outstanding balances, maintaining accurate MIS data, and managing the end-to-end dunning process to successfully hit our Days Sales Outstanding (DSO) targets.
Key Responsibilities
• Conduct regular follow-ups with customers and operations teams for collections also willing to travel 3-4 times in month to if business required.
• Review invoice-wise outstanding records monthly with the Operations team.
• Coordinate cutoff dates for invoice submission with operations to secure timely collections.
• Investigate and analyze reasons for outstanding accounts exceeding 30 days.
• Coordinate internally across departments to quickly close short payment cases.
• Meet clients directly alongside Operations to address and resolve complex collection bottlenecks.
• Maintain, update, and periodically reconcile client master data, account ledger sheets, and balance confirmations.
• Prepare and circulate weekly outstanding status files and monthly risk assessment reports to stakeholders.
• Generate and share monthly DSO files for leadership presentations.
• Recommend account service withdrawals for severely delinquent customers to the Head of Operations/HR.
Eligibility Criteria& Experience:
• Bachelor of Commerce (B.Com) degree is required.
• 2 to 7 years of relevant experience in Collection Executive,Accounts Receivable (AR) collections and receivable management.
Required Skills & Background:
• Strong expertise in receivable workflows, proactive collection techniques, and accounting principles.
• Working knowledge of SAP or an equivalent ERP system.
• proficiency in Microsoft Excel (VLOOKUP and Pivot ).
• Excellent verbal and written communication skills; strong collaborative team player.
• Prior experience handling collections from Public Sector Undertakings (PSUs) or Government organizations is highly desirable.
Benefits
2 Lakh Group Health Insurance (Self + Spouse + Up to 2 Children)
10 Lakh Personal Accident Insurance
Term Life Insurance up to 3X Annual Salary
12 Paid Leaves + 12 Public Holidays
Leave Encashment as per company policy
