Credit Control Officer

Officer- Credit Control Responsibilities 1. Contract Management Manage and administer contracts for Retail Customers across the Western Zone, ensuring compliance with commercial terms, pricing agreements, and operational requirements. Handle contract execution, documentation, and coordination for State Electricity Boards (SEBs), Third-Party Customers, and Corporate Clients. Support end-to-end contract management for key industrial customers, including Power Plants, Cement Industries, and other large institutional consumers. 2. MIS & Inventory Management Prepare and circulate daily collection reports, ensuring timely visibility of receivables and collection status. Monitor and report weekly open contract status, highlighting pending executions, deliveries, and customer commitments. Generate weekly and monthly paid/unpaid stock reports for effective inventory and working capital management. Prepare MIS dashboards, analytical reports, and PowerPoint presentations for business reviews and decision-making. Track and report inventory metrics, including paid/unpaid stock, sold/unsold inventory, plot rent charges, and outstanding dues. Perform monthly, quarterly, and annual reconciliation of physical inventory against stock books and system records. 3. SAP & Automation Act as a key user for SAP MM, SD, and FI modules. Develop and enhance SAP-based reports and dashboards to improve business visibility and decision-making. Drive automation and digitization initiatives to improve operational efficiency and reporting accuracy. Coordinate with IT teams for system enhancements, issue resolution, and process improvements. 4. Billing & Operations Generate and verify Sales Invoices, Plot Rent Invoices, and Delay Payment Interest Invoices in accordance with contractual terms and company policies. Perform customer account reconciliations and resolve billing discrepancies in a timely manner. Coordinate with Finance, Commercial, Logistics, and Operations teams for account updates, adjustments, and closure of outstanding transactions. Verify payments received and issue Delivery Orders (DOs) as per approved commercial and credit terms. Conduct periodic customer reconciliations and obtain balance confirmations to ensure accuracy of receivable records. Monitor and clear customer open items, including advances, security deposits, EMDs, credit notes, and other outstanding balances. Handle credit customer billing and follow up for collections to ensure timely realization of receivables. 5. Statutory Compliance Ensure compliance with GST regulations, including accurate tax application, invoicing, reporting, and reconciliation. Manage collection and maintenance of statutory forms, including Form 127 and other regulatory documents, as applicable. Possess working knowledge of TDS provisions, reconciliation of deductions, and collection of TDS certificates from customers. Generate, monitor, and reconcile E-Way Bills to ensure compliance with GST requirements and smooth movement of goods. Maintain statutory records and documentation to support internal audits and regulatory compliance requirements. Qualifications Essential: MBA Finance /Post Graduate from Commerce or CA/ICWA Inter, Desired: Knowledge of SAP ( MM/SD/FI) 5 – 7 years years of relevant experience