Jr. Executive - Credit Control
Apply now »Date: Apr 17, 2024
Location: Chattogram, Other/Not Applicable, BD
Company: Bureau Veritas
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Ø Purpose of Position
- To provide financial&comma clerical and administrative services to ensure efficient&comma timely and accurate receivable of accounts under his or her control.
Ø Major Responsibilities
- Arrange for payment collection from clients in line with credit terms.
- Reconciliation of accounts and provide debtor / accounts statements to the clients.
- Track and record outstanding and collections.
- Raise alarm if a client is not paying beyond 1 month.
- Investigate and resolve customer queries relating to billing and collection.
- Ensure timely collection of certificates of tax and VAT deduction at source from clients.
- Ensure compliance with taxation relevant for the AR processing.
- Maintain VAT books like&comma VAT current account&comma sales & purchase books&comma etc.
- Liaison with VAT circle for time submission of return and other documents.
- Liaison with bank to process inward and outward remittances
- Maintain communication with business units to collect all the required documents relating to remittances and submit them to bank.
- Assist with month-end closing.
- Any other task as assigned by supervisor.
- Adherence to Codes and Standards (Knowledge of Codes and Standards
Ø Criteria for Performance Evaluation (KPIs)
- To monitor&comma implement various measures to ensure that the outstanding does not exceed the budgeted DSO
- To ensure outstanding > 180 days do not exceed 10% of the total outstanding
- To ensure timely client visits are made which enhances the recovery process
- Good level of Interaction with Sales Team to assist them in bringing O/S to the lowest level.
- To ensure VAT return submission within 15 of each month.
- To ensure sending and receiving remittances at earliest possible time.
Qualification and Experience
- Bachelor of Commerce (BCom) from any reputed University.
- 2/3 years of experience in credit recovery management in any reputed company
Skills & Qualities:
- Good Communication, Reporting, Presentation, Good listening
- Team Cohesion and Leadership qualities
- Time Management
- Be able to handle situations in judicious manner.
- Pleasing Personality
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