Assistant Manager - Collection B2B - Bangalore Job Description Template
The Assistant Manager - Collection B2B in Bangalore will be responsible for managing and overseeing the collection process of outstanding payments from business clients. The role requires strong attention to detail, excellent communication skills, and the ability to develop and maintain professional client relationships.
Responsibilities
- Oversee and manage the collection process for outstanding B2B invoices.
- Ensure timely and accurate processing of collections and payments.
- Develop and maintain professional relationships with clients.
- Negotiate payment terms and schedules with clients.
- Prepare and analyze reports on collection status and progress.
- Resolve any issues or disputes related to payments.
- Coordinate with the finance and sales teams to ensure alignment on account statuses.
- Identify and implement process improvements to enhance collection efficiency.
Qualifications
- Bachelor’s degree in finance, accounting, or related field.
- Minimum of 3 years of experience in B2B collections or related roles.
- Proven track record of managing collections and achieving targets.
- Strong communication and negotiation skills.
- Ability to handle sensitive and confidential information with discretion.
- Proficiency in Microsoft Office, especially Excel.
Skills
- Collections Management
- Client Relationship Management
- Negotiation
- Microsoft Excel
- Accounts Receivable
- Financial Reporting
- Problem Solving
- Process Improvement
Frequently Asked Questions
An Assistant Manager - Collection B2B in Bangalore oversees the collection activities for business-to-business accounts to ensure timely payments. They manage communication with clients, negotiate payment plans, and assist in resolving billing disputes. Additionally, they work closely with the finance team to analyze collection data and implement strategies to improve cash flow efficiency and reduce outstanding debts.
To become an Assistant Manager - Collection B2B in Bangalore, one should possess a bachelor's degree in finance, accounting, or a related field. Prior experience in credit and collections management is crucial. Candidates should also have strong analytical skills, excellent communication abilities, and familiarity with financial software tools. Networking within the finance sector in Bangalore can also enhance job prospects.
The average salary for an Assistant Manager - Collection B2B in Bangalore varies based on factors such as experience, company size, and specific industry. Typically, compensation packages may include a base salary along with performance incentives, bonuses, and benefits. Research shows that collecting comparative salary data from job portals and employer websites can provide clearer insights.
Qualifications for an Assistant Manager - Collection B2B role typically include a bachelor's degree in finance, business administration, or accounting, with strong understanding of financial statements. Experience in B2B collections, proficiency in financial software, and excellent negotiation skills are integral. Some employers may prefer candidates with certifications in financial management or credit control.
An Assistant Manager - Collection B2B should possess strong leadership skills, proficiency in financial software, and adeptness in developing effective collection strategies. Their key responsibilities include managing client relationships, monitoring payment schedules, resolving account discrepancies, and maintaining accurate financial records. Effective communication, analytical thinking, and problem-solving skills are essential in this role.