Lovish Rana

Finance & Commercial Officer @Hettich India Pvt. Ltd

Delhi, IN

Assessing the creditworthiness of potential customers by analyzing their financial records,credit history, and payment habits.•Setting credit limits for customers based on their risk profile.•Establishing and enforcing credit control policies and procedures to minimize credit risk.•Generating and sending invoices to customers for goods or services provided.•Ensuring accuracy and timeliness in invoicing procedures.•Resolving any billing discrepancies or disputes with customers.•Monitoring overdue accounts and following up with customers to collect payments.•Contacting customers through verbal and written communication to request payment andnegotiate payment terms.•Issuing reminder letters or statements for overdue accounts.•Initiating legal action or engaging with legal team for severely delinquent accounts.•Forecasting cash flow based on accounts receivable and expected collections.•Analyzing payment trends and identifying potential cash flow issues.•Building and maintaining positive relationships with customers while ensuring timelypayment.•Addressing customer inquiries or concerns related to billing or payment issues.•Negotiating payment plans or settlements with customers experiencing financial difficulties.•Generating regular reports on accounts receivable aging, cash collections, and credit riskexposure.•Providing insights and recommendations to management for optimizing credit controlstrategies.•Collaborating with other departments such as sales, finance, and customer service toresolve issues and improve credit management processes.•Match up and keep upto date customer ledger for accurate balance to avoid discrepancies.•Timely posting and clearing of outstanding balances.

Lovely Professional University

Bachelor of Commerce - BCom