Senior Lead, Credit and Collections
Boston Scientific
- Gurgaon, Haryana
- Permanent
- Full-time
- Supervising a team of accounts receivable clerks and specialists
- Monitoring and managing the accounts receivable aging report to ensure timely collection of outstanding invoices
- Developing and implementing credit policies and procedures to minimize credit risk
- Communicating with customers to resolve payment discrepancies and disputes
- Analyzing and reporting on accounts receivable metrics and KPIs to senior management
- Collaborating with sales and customer service teams to ensure accurate and timely billing.
- Working with accounting and finance teams to reconcile accounts and ensure accurate financial reporting.
- Developing and implementing strategies to improve cash flow and reduce DSO (Days Sales Outstanding).
- Keeping abreast of industry trends and best practices in accounts receivable management.
- Training and developing staff to ensure high performance and adherence to company policies and procedures.
- Collaborate with other departments such as sales and customer service to address customer inquiries and resolve issues.
- Develop and maintain strong relationships with customers and sales team
- Implement and enforce credit and collection policies in accordance with company guidelines.
- Collaborate with internal and external audit teams to ensure compliance with accounting standards and regulations.
- Identify opportunities for process improvements and implement efficiency-enhancing initiatives within the accounts receivable function.
- 6 to 8+ years of experience in Similar role in FMCG / Medical Device industry or broader Healthcare Industry
- Masters / Professional degree in accounting
- Exceptional business and accounting acumen with a deep understanding AR Function
- Experience in leading and managing large Volumes and multi-tasking.
- Experience in managing different audits, Strong understanding of accounting principles and practices, particularly as they relate to accounts receivable.
- Proficiency in accounting software and MS Excel; experience with ERP systems
- Strong analytical skills with a keen attention to detail
- Excellent communication and interpersonal skills, with the ability to interact professionally with customers and colleagues.
- Willingness to adapt to changes in processes or technology.
- Ability to lead and work with others who are different than themselves (cultural sensitivity in an international environment)
- Results oriented with ability to work independently and take responsibility for actions.
- Self-motivated - Motivating and inspiring others