Assistant Manager - Collections
Emerson
Job Summary:
As Asst Manager Collection role you will be responsible for handling collection and credit operations for MAS BU. In this role you will be providing monthly forecast at the start of month, follow-up with customer on continuous basis to ensure that the collections are not missed as forecasted. You will have the opportunity to work on diverse tasks, including collaborating with cross functions and business unit. A detail-oriented role with a passion for accounting and driving financial excellence.
In This Role, Your Responsibilities Will Be:
Handle the collection and credit operations for MAS BU
Collection of delinquent AR invoices: contact customers, follow up on payments and engage late payer customers to maximize collection efficiency.
Setting up & scrutinizing monthly collection targets of BU
Providing Monthly Collection Forecast to HO at the start of PD. Accuracy has to be 75%.
Ensure timely & correct Cash application in Oracle for collection done. Details to be provided to Manila – Remittance team.
Updating disputes as and when notified by Customer and LBP’s. Disputes are to be monitored and resolved regularly
Periodic Customer account Reconciliation
Direct follow up with critical clients for timely collection of payments
Handle Project Billing with staggered / Milestone based Payment terms
Ensure adherence to credit policies.
Meeting with clients and inter department co-ordination.
Preparing various reports required by management related to collections and recovery.
Co-ordinate with sales/operation team for billing issues, solving customer queries related to billing and credit.
Suggest corporate on possible defaulter and initiate legal proceedings
Support for monthly closing and audits.
Who You Are:
You accurately track all the invoices which are already past due and invoices which will be falling due in current month.
You ensure timely update to Collection leader on collection forecast and any misses in collection as per forecast.
You coordinate with customers and internal stakeholders if there any issues with any invoices.
You effectively coordinate with BU’s for timely resolution of disputes raised by collection agency.
You should be able to communicate with working groups at customers place and also escalate the issues in hierarchy if issues not resolved.
For This Role, You Will Need:
Bachelor’s degree in Commerce with min 4-5 years of experience in Credit Management and Finance. MBA would be Preferred
High Adaptability to manage complex payment issues.
Advance Excel Skills
Strong and effective Communication skills
Organization skill to handle large volume of data
Working Knowledge of Oracle will be added advantage
Ability to work with Diverse, multi regional teams
Understanding of Credit Control, Collection process.
Key relationships:
Sales and Operation Team
Collaborate with Sales and Operation team for resolving customer issues.
Sales Team:
Request support of long due payment and any documenations.
Trade Debtors
Follow up for timely payments and generate outstanding reports. Initiate timely payments follow-up with debtors.
Global Teams:
Collaborate on various issues and tasks.
Our Culture & Commitment to You
At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results.
We recognize the importance of employee wellbeing. We prioritize providing competitive benefits plans, a variety of medical insurance plans, Employee Assistance Program, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.
Our Commitment to Our People
At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.
We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.
At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.
Accessibility Assistance or Accommodation
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Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.
With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.
We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!
No calls or agencies please.
As Asst Manager Collection role you will be responsible for handling collection and credit operations for MAS BU. In this role you will be providing monthly forecast at the start of month, follow-up with customer on continuous basis to ensure that the collections are not missed as forecasted. You will have the opportunity to work on diverse tasks, including collaborating with cross functions and business unit. A detail-oriented role with a passion for accounting and driving financial excellence.