Review customer ledgers regularly for follow-up with Zonal credit controllers for chasing collection of outstandings. Such reviews have to done in the light of Minimum purchase commitments by customers for purchase of consummables;
Review orders from NEW customer and evaluate their financial credibility by referring to KYC accompanying the order;
Review orders from EXISTING customers and ascertain overdues, if any. Ensure that commitments are taken from Zonal sales managers/Divisional heads for recovery of overdues before authorizing such new orders;
Strengthen collection procedures by sending outstanding reminder letters;
Analyse overdue accounts and review the same with credit control team for recovery;
Evaluate applying penalties on erring customers and issue debit notes;
Ensure that PDCs received from customers are updated in the system;
Ensure that PDCs against orders are deposited by CFAs on time;
Establish a systematic approach to issuing outstanding statements, sending reminder letters (which gradually become firm) and visit sticky customers;
Ensure all accounting entries for collection are done on a timely basis and bank reconciliation is completed latest by the 5th of next month;
Automate most of process developments in the system and ensure minimum dependence of manual efforts;
Salary: INR Best in the Industry
Industry:Medical / Healthcare / Hospitals
Functional Area:Accounts, Finance, Tax, Company Secretary, Audit
Employment Type:Permanent Job, Full Time
Desired Candidate Profile1) Candidate should have experience of handling outstanding receivables, collections, invoicing .
2) He should be good in communication and persistent in follow up.
3) Should be well versed with Advance Excel.
UG:B.Com - Commerce
Transasia Bio-Medicals Ltd.
Transasia Bio-Medicals Ltd is India's largest In Vitro Diagnostics Company and offers solutions and products in Biochemistry, Hematology, Coagulation, ESR, Immunology, Urinalysis, Critical Care, Electrophoresis, Molecular Diagnostics, Diabetes Management and Microbiology. Transasia was incepted in the year 1979 and is headquartered in Mumbai. It has a world class R & D and manufacturing units for Bio-Medical Instruments and Reagents based at Seepz, Daman and Baddi (HP). It is a part of the global Erba Mannheim GmbH Group. The Erba Diagnostics Group has spread its footprint across USA, Europe, Turkey and Eastern Europe, Russia and France by means of various acquisitions - Erba Lachema s.r.o., Lachema International, IVAX Diagnostics, Inc., Diamedix Biologicals, S.r.l., ImmunoVision, Inc. , Erba Diasis Diagnostik Sistemler and Erba Diagnostics. It manufactures and markets equipments and reagents, with an impressive installation base of around 30,000 equipments across India. Transasia also exports to more than 60 countries worldwide. It is a recipient of various prestigious national and state level awards, like the NIRYAT SHREE award for excelling in exports. It has been selected as the 'Global Growth Company 2014' by the World Economic Forum.TBM has a Human Resource base of over 1000 employees. With a view to widen our human resources base so as to meet the requirement of our ambitious growth plan, we are looking for the result oriented and energetic professionals for the aforesaid position.