Finance Executive - Recovery

Position SummaryThe Finance Executive - Recovery will be responsible for managing and recovering outstanding dues from customers, dealers, and franchisees. This role involves proactive follow-up on overdue payments, maintaining healthy cash flow, minimizing bad debts, and ensuring timely collection of receivables in accordance with company policies.Key ResponsibilitiesReceivables Management & Recovery:- Monitor and manage customer receivables, including credit sales, scheme payments, and installment collections - Identify overdue accounts and initiate timely recovery actions through calls, emails, and field visits - Follow up with dealers, franchisees, and corporate clients for outstanding payments - Negotiate payment plans and settlement terms with defaulting customers while maintaining customer relationships - Coordinate with the sales team to resolve payment disputes and billing discrepanciesDocumentation & Reporting:- Maintain accurate records of all collection activities, customer interactions, and payment commitments - Prepare daily, weekly, and monthly recovery reports for management review - Generate MIS reports on collection efficiency and recovery performanceRequired QualificationsEducation:- Bachelor’s degree in commerce () / Finance / Accounting or related field - MBA in Finance is an added advantageExperience:- 1-3 years of experience in collections, recovery, or receivables management - Prior experience in the jewellery industry or luxury retail is highly preferredKey Skills & CompetenciesTechnical Skills:- Strong understanding of accounting principles and receivables management - Proficiency in MS Excel (Pivot Tables, VLOOKUP, data analysis) - Experience with ERP systems (Tally, SAP, or jewellery-specific software)

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