Job Description:

SS Group, a leading conglomerate with diverse business interests in import, trading, manufacturing, inland lighter vessel services, shipping agency services, and more, is currently seeking a highly competent and motivated individual to join our team as “Senior Executive – Credit Control & Recovery Department”. This is an exciting opportunity for an experienced professional with a strong background in credit control & recovery department to contribute to the growth and success of our organization.

Job Purpose:

Helping optimize the Company’s working capital through effective credit administration, continuous monitoring of receivables, timely recovery of outstanding dues, mitigation of credit risk and preparation of management information for decision making.

Duties & Responsibilities:

• Review customer credit applications and recommend credit limits.
• Maintain customer master records, approved limits, payment terms and securities.
• Monitor daily utilization of credit limits and report excess exposures.
• Prepare ageing reports and collection MIS (daily/weekly/monthly).
• Coordinate with Sales and Operations for timely collection.
• Follow up on overdue receivables through telephone calls, emails, meetings, and client and/or site visits to ensure timely collection and resolution of outstanding balances.
• Prepare customer-wise recovery plans and monitor execution.
• Review customer payment trends and identify early signaling.
• Verify customer ledger balances and obtain balance confirmations.
• Investigate disputed invoices and coordinate resolution.
• Review receivables from trading, Ready-Mix Concrete, Shipping Lines, Shipping Agency, Dock Yard and Logistics & other SBU’s.
• Monitor LC collections, BGs, PDCs and other securities where applicable.
• Coordinate with Accounts to ensure proper posting of collections.
• Recommend suspension or revision of credit limits for high-risk customers.
• Assist in legal recovery and settlement negotiations.
• Prepare doubtful debt analysis and provisioning recommendations.
• Prepare KPI reports including DSO, overdue %, collection efficiency and bad debt trend.
• Ensure compliance with company credit policy and regulatory requirements.
• Support internal/external audit and maintain proper documentation.
• Perform any additional assignments delegated by the Chief Financial & Regulatory Compliance Officer.

Reporting To: Chief Financial & Regulatory Compliance Officer.