DGM – Finance

Job description

? Strict adherence to the Global Credit policy & processes. ? To ensure regular follow ups / discussions with Business Heads for collecting Debtors OS. Regular interaction with key clients for resolving credit related queries. ? Review monthly debtors report, DSOs, preparing detailed debtor’s provision statements & other reports to be sent to Group credit control in company. ? Prepare annual collection budget & monitor the same on regular basis against actual collection & take necessary corrective action in co-ordination with Businesses. ? Review credit exceptions tracker. ? Review Collection entries posted on daily basis & reviewing daily cash collection. ? Discuss with legal for initiating legal action for the recovery of old debts or for any cheque bounce cases. ? Monthly analyse the bad debt provision & review/post related accounting entries with monthly water fall for Bad debt provisions & bad debt written off. Review monthly schedule for the same. ? Ensure new client addition only after appropriate compliance & due-diligence check in coordination with compliance team & ensure execution of proper term letters before enrolling any new client. Ensure proper & safe documentation of client records including term letters. ? Ensure execution of royalty / IP agreements before updating ISBN master data in WINBDS. ? Review detailed royalty / IP calculations, Schedule & review/post related accounting entries on monthly basis. Analyse variance between budget vs actual royalty/IP expenses & discuss with business. ? Liaise with global Royalty processing team for timely royalty payments to authors & resolve author queries regarding the same. ? Review TOD/CD/CN/DN calculation & review/posting of accounting entries for the same. Review monthly schedules for the same. ? Liaising with auditors for royalty/IP & debtors, DSO related schedule/queries.

Describe Candidate Profile

• Work experience of 12 to 15 years in a similar role preferably in the Education Industry but that is not a limitation. • Must be a Chartered Accountant or MBA (Finance) from a reputed institute and worked with senior management or decision makers & have a handful experience on Credit Control and Treasury. • Sound knowledge of treasury function and technically updated with all banking products/ processes. In-depth knowledge of FEMA and RBI related compliances. • Sound knowledge of Credit Control Function. Ensuring strict adherence to policies and processes. • Cash Flow planning, comparison of actual vs. budgets and in depth analysis for reason of variations. • Good knowledge of IGAAP and handling auditors’ queries related to treasury and credit control. • Excellent communication skills; should be able to communicate proficiently with external & internal stakeholders. • Adequate experience of working in the South Asia Market and preferably in the Education segment in addition. • Proven track record of delivering success in managing business for credit control, advocacy, and impact. • Strong Strategic and Business Management skills, Ability to work with and interpret Data, Strong Business Development and Execution Skills, ability to multi-task and manage both individual and team engagements. • Must have handled a team of 4-5 team members which has a mix of senior and middle staff. • Guiding & motivating team members on their core competencies.

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