Credit & Collections Analyst 3-fin

Oracle Oracle · Enterprise · BENGALURU, KARNATAKA, India

This role focuses on the financial aspects of credit and collections, including timely cash collection, assessing credit worthiness, minimizing bad debts, ensuring contract compliance, and managing outstanding invoices. It involves interfacing with various departments and customers to reconcile accounts, make credit approval decisions, and prepare collection reports. The role also handles overpayments and recognizes deteriorating credit situations.

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. 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.
  4. Manage portfolio of accounts including delinquency, write-offs, credit memos, and additional interest.
  5. Conducts pre-sale credit risk evaluation, prepares recommendations, and makes credit approval decisions on new accounts.

Skills

Required

  • Credit analysis
  • Collections
  • Accounts Receivable
  • Contract Compliance
  • Risk Assessment
  • Customer Interaction
  • Financial Reporting

Nice to have

  • Legal action recommendation
  • Overpayment resolution