Credit & Collections Analyst 1-fin

Oracle Oracle · Enterprise · BENGALURU, KARNATAKA, India

This role focuses on timely cash collection, assessing credit worthiness, minimizing bad debts, ensuring contract compliance, and managing outstanding invoices. It involves interacting with customers, sales support, and accounts receivable to resolve accounts, conduct pre-sale credit risk evaluations, and prepare collection reports. The position also handles overpayments from employees and manages a portfolio of accounts including delinquencies and write-offs.

What you'd actually do

  1. Timely cash collection of customer accounts, assessing credit worthiness, minimizing bad debts and ensuring contract compliance and/or recommending legal action.
  2. Collect overpayments from current and former employees.
  3. Work with departmental managers to eliminate root cause of overpayment.
  4. Interfaces with sales support, accounts receivable, and directly with the customer to determine the ability to pay, communicate contractual specifications, and enforce remedies in reconciling accounts.
  5. Manage portfolio of accounts including delinquency, write-offs, credit memos, and additional interest.

Skills

Required

  • Cash collection
  • Credit assessment
  • Debt management
  • Contract compliance
  • Customer communication
  • Account management
  • Risk evaluation
  • Credit approval
  • Problem-solving

Nice to have

  • Legal action recommendation
  • Overpayment resolution
  • Cross-functional collaboration