• Develop and maintained C&C polices and procedure in liaison with concerning departments.
• Planning, evaluating, implementing and continuously upgrade or refine the credit and collection functions.
• Reduction of DSO and BDP to minimize credit risk.
• Setting collection, cash application protocols and next step approach, ensure all receivables timely converted to cash.
• Customer payments negotiations, settlements, reconciliation and solve the disputes.
• Setting credit limits and onboarding new customers.
• Manage, lead and trained the team of regular collection/legal collection and sales to ensure the appropriate level of awareness on credit risk, payments terms.
• Reporting collection Metrics and KPI’s.
• Responsible for governance and documentation in the department.
• Manage the automated system for Dunning Notices, SMS service and online SOA.
• Provide cover to HRD for safety of receivables in case of vacations, leaves.
• Credit insurance.

SBTC is known with the famous brand, Indomie Noodles (Brand Leader in Market), having more than 13000 active credit customers with 160 Million in Market and more than 137 salesmen in 23 Branches.

Key Responsibilities,

• Implement and regulate credit control policy and procedure
• Project cash inflows (Collection) on weekly basis and ensure targets achieved.
• Oversee all facets of credit and collections, manage receivable portfolio.
• Develop a proactive management process focused on early contact and identifying issues related to payments.
• Responsible to devise and implement standard credit control practices and ensure compliance.
• Responsible for credit approvals and credit limit extensions.
• Design and implement new improved business processes.
• Handle disputes and manage problem clients regarding non-payment of invoices.
• Manage, train and mentor a team of collectors.
• Prepare and maintain analytical dashboards for senior management reporting and meetings.
• Branch visits and regular meetings with Regional Managers, Area Managers & Branch Managers to discuss credit performance, cash flow projection and credit risk issues.
• Provide cover for other accounting functions as requested.
• Monitor KPI’s for both and direct and indirect measurements of recovery on receivables

• Prepare monthly accounts, profit and loss account, balance sheet and cash flow statement etc.
• Prepare sale, purchase, and cash payment reports.
• Preparation of bank reconciliations, stock reconciliations and party ledgers etc.
• Preparation of funds/stock status report for the Management on daily basis.
• Schedule of payment of supplier and manage funds in banks and cash in hand.
• Maintain retail sales and return record.
• Manage accounts receivable and account payable.