Finance Superintendent, Credits

· Credit insurance

a) Providing data pertaining to the customers falling under overdue

b) Monitoring the movement of the customers both fallen due for payment as well new customers falling under the overdue category

c) Ensuring the necessary documents are sent to the insurance company for lodging notification/claim

a) Ensuring that remittance is done on the same day of the receipt

b) Monthly report to the marketing of the collections made branch-wise

a) Checking of the invoice factors pertaining to the invoices for the last SKUs sold in the past

b) Checking whether the material has been physically received at the warehouse and manual GRN has been taken at the warehouse.

c) Checking whether the sales return has been duly authorized

d) Checking the correctness of the Sales return value manually computed and passing entry to the difference of the system generated and manual amount computed.

New Selling Arrangement:

a) Ensuring all new customers are created in the system after duly authorized

b) Check whether the required documents are submitted for creation of a new customer

c) Periodically review whether any change in the constitution of the party has been reported to ensure that new customer code is created for them

Balance confirmation:

a) To ensure that balance confirmation is sent to all the parties on a monthly basis and the proof of sending the same is maintained for records

b) Periodically take it up with marketing on the pending balance confirmation from the customers.

c) To resolve the issues highlighted in the balance confirmation by the parties such as the pending credit notes, excess amount debit etc.

Charging of interest:

a) Charging of interest on the overdue balances of the customers on a monthly basis

b) To check periodically all variables for computing sales return are considered in SAP

c) Answering to marketing queries on the interest computation