Siddhesh Hule
Risk Mangement #Debt Mangement
- Role
- Credit Risk Manager at Jet Freight Logistics Limited
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Siddhesh Hule
Experienced Credit Control Manager with a demonstrated history of working in the logistics and supply chain industry. Skilled in Management, Freight Forwarding, Logistics Management, Accounting, and Financial Reporting. Strong accounting professional with a Master of Business Administration (MBA) focused in Finance and Financial Management Services from ICFAI Foundation for Higher Education, Hyderabad.
Experience
Credit Risk Manager
Aug 2016 — Present · Mumbai, IN
Maintain Aged debt for all India Customers for total AR around INR. 60 Crores.• Achieve weekly collection target.• Providing Weekly Report on top 30 customer to Management with all details.• Sharing the weekly reports to all the Managers/ Sales / Branches.• Ensure timely follow – up with all the customer to ensure payments are received on time• To evaluate credit worthiness of potential customers to help fix the credit limit that can be given to them.• To keep a track of all receivables, interact with customer on specific issues for payment processing and notify through periodic reports about expiry or approaching credit deadlines to Sales and Finance of BDP for them to take corrective action.• To review the performance of the customers and their tendency to meet credit deadlines and help the Sales Manager / Location Head to review the credit limit/period extended to any customer on periodic intervals.• Ensure timely authorization of Credit Notes/Write-off into the business system for clear ledger maintenance.• To initiate and implement new process improvements to facilitate smooth performance of accounts receivables.• Ensure there are no pure Credit balances or unallocated / unapplied credits in AR.• Implementation of Documented Reminder Process for recovery of dues with Customers.• Check & Monitor for exposure build-up with customers in excess of agreed credit Limits/ Periods. It is most critical to review status and take corrective action before a buildup happens• Ensure timely / accurate and complete submission of Invoice/Billing summaries as per SOP to all customers.• Record facts if customers are not traceable and immediately escalate to Location Head, Finance Manager, Sales and Operations.Collect TDS certificates from customers, where applicable, every
Education
Welingkar Institute of Management
Financial Planning and Services
2015 — 2016
ICFAI Foundation for Higher Education, Hyderabad
Master of Business Administration (MBA), Finance and Financial Management Services
2016 — 2018
The Institute of Company Secretaries of India
company secretary, Comparative Law
2014 — 2016
Skills
- Logistics Management
- Financial Reporting
- Accounting
- Freight Forwarding
- Management
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