Jr. Executive - Credit Control

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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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