Regional Credit Controller - Central at KONE

Hyderabad, Telangana, India -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Control, Accounts Receivable, Customer Credit Assessment, Cashflow Management, Credit Notes Control, Invoice Management, Risk Identification, Training, Policy Implementation, Dispute Resolution, Financial Analysis, Legal Referral, Team Collaboration, Data Monitoring, Process Improvement, Customer Relationship Management

Industry

Industrial Machinery Manufacturing

Description

KEY RESPONSIBILITIES: Regional credit controller assists in ensuring all front-line branches/regions to meet short and long-term objectives and comply with KONE objectives. This position reports to national credit controller. AR Control Implement and monitor centrally defined policies from time to time. Conduct periodic reviews (period to be defined) with the branch and / or region finance teams to ensure control and efficacy of the following and drive suitable actions: Progress on “Target Collections” as per monthly Target KONEPAY – increasing and sustaining adoption including providing refresher training from time to time to branches (both Customer adoption as well as KONEPAY Lite) Aged AR dues towards reduction / stabilization of AR % of sales and AR>90 days on % of sales compared to previous year as per Year’s Target Review with an object of reduction in Retention, TDS & EMD dues Reduction in Advance GL balances (including KONEPAY advances) Targeting Bank Guarantee closures and managing invocation claims Pending balance confirmations (per policy) and efforts to secure the same Timely referral of customer accounts to legal per policy and timely initiation of actions by the legal team post referral Unapplied cash reduction Quarterly review calls with management on FSCM dispute resolution Implementation & adoption of Cheque Drop Box across Branches Managing TR development file’s accuracy which includes but not limited to clearance of Negative balances, Due date discrepancies Customer Credit Assessment Assess ongoing creditworthiness of existing customers using past payment history for credit risk control and better cashflow management Leverage Customer Credit assessment model to protect receivables during New Orders, DROs, HOC, AMC renewals Credit Notes Control Enforce timely processing of credit notes through regular monitoring and reviews Regularly analyze reasons for credit notes and controlling repetitions Invoice cancellations/Credit Memos within statutory timelines to avoid TAX Loss Other Responsibilities Support the National Credit Controller on pan-India analyses and initiatives from time to time Support RFM & RD for Collection/Provisions/TR FCS inputs and TR Analysis Travel to locations to conduct FCM audit, provide training to teams, and recommend improvement opportunities. Assist management for timely identification of risks and recommend corrective action plans, presenting risks & opportunities in monthly rush calls Trouble shooting branch queries from a credit control perspective At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life. Read more on www.kone.com/careers Did you know KONE moves over one billion people every day? In 2024, we had annual net sales of EUR 11.1 billion. We employ over 60,000 driven professionals in close to 70 countries worldwide joined together by a shared vision. As a global leader in the elevator and escalator industry, it is our mission to improve the flow of urban life.

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Responsibilities

The Regional Credit Controller is responsible for ensuring compliance with KONE objectives and monitoring accounts receivable controls across branches. This includes assessing customer creditworthiness, enforcing timely processing of credit notes, and conducting periodic reviews with finance teams.