Management Pvt Ltd

Mohan Plaza Bld *nd Flr,

Room No:***,A-wing,

Opp Tempo Naka,

Gymkhana Road

Dombivli (East)

Mumbai-421201

Contact no.: 977-***-****(m)

E-mail : ***.*****@**********.***

Jayesh Madhukar Nagle

OBJECTIVE

To be part of an enterprising organization, to contribute as well as gain knowledge adding value to the concerned organization as well as self in the process.

To seek a successful & challenging carrer & work in an organisation with high growth prospects.

WORK EXPERIENCE

Organization Patvin Engineering Pvt Ltd (Navi Mumbai)

Industry Paint Circulation & Sealant System Capabilities

Duration Currently working with this organization from April 2011

Designation Credit Control Executive

Company Profile

Patvin is the Fluid Handling Division of Pompay Group of Companies established way back in 1969.In 1972 Pompay startd sales & marketing of Welding Systems .In 1987 Patvin was established representing M/S Graco INC (USA) for their Paint Application Equipments (Fluid Handling).In 1989 M/s Tool Tech Engineers was stablishe to Manufacture Precision Dies/Jig Fixtures(Pharmaceutical Industry) In 1997 M/s Goa Pet

products was established to cater to the packaging Industry.in 2002 Patvin Represents ITW Automative Finishing(Fluid Handling).

Credit control and Record Keeping(Collections)

• ¬Monitor credit & debit through Tally ERP 9.0 version

• Co-ordination with client all over India for smooth process of all invoices for payment

• Co ordination with internal departments to resolve accounts receivable queries if any.

• Timely communication with client over phone & through mails for accurate status of outstanding, sending ledger statement, outstanding reports to client on regular basis.

• Mainly focusing on above 90 days aging outstanding so as to avoid any write off or bad debts

• Raising debit notes & credit notes related to accounts receivables at the time of settlement of account

• Thorough Reconciliation of all client ledgers & co-ordination with clients in case of any discrepancies

• Preparation of outstanding reports, retention reports, WIP reports with the help of software report.

Collections and Performance Management

• All payment collection entries in Tally software along with all deductions such as, Retention, Other misc. deductions

• Collection of all C-forms, TDS forms & maintaining proper records of that.

• Ensuring accurate updation of software with invoices, receipt entries, deduction entries etc.

• If required then escalate the issues related to the outstanding from junior level to middle level and then to the high level at clients.

• Ensure the escalations of issues to the management related to dues, billing, rates etc.

• Monitoring of the performance of the Team through weekly review & MIS.

• Ensure daily strategy report, weekly expected payments report, daily collection report, monthly final collection report, is sent to the management.

Organization Eurobond Industries Pvt Ltd. (Malad, Mumbai)

Industry Manufacturing (Aluminum Panel Sheets and Glass Fittings)

Duration working with this organization from 11th January 2010 to March 2011

Designation Credit Control Executive

Company Profile

Eurobond Industries Pvt Ltd is Euro Group of company and is the manufacturer of Aluminum Panel Sheets and Glass Fittings. Head office is in Malad -Mumbai and branches are in major cities across India. Eurobond’s Aluminum Panel Sheet, the new way to look at the Architectural vision of today’s construction, interior and signage industry at low maintenance cost. It is one of the market leaders in Aluminum Panel Sheet.

Job Description:

1. CREDIT CONTROL

Customer Master Creation (Customer Login/Account Opening)

• As an initial stage of credit control process we ensure that customer’s details are filled in the ERP (Enterprise Resource Planning) software.

• We check and verify the customer’s details first such as Name and Address with Pin code, Contact Details, Email ids, TAX details and other documents etc submitted to us.

• Based on customer’s annual turnover, requirement of material, and on decision of management we assign Credit Limit and Credit Period to the customers, which can be also revised and entered in ERP after a certain period based on the customers payment history and requirement of material.

• As we are dealing with the customers like Dealers, Fabricators, Builders, Architects and Distributors, Third party. We define the different credit policy for each one.

Credit Monitoring:

• Monitoring the assigned credit facility and payments by due dates of clients.

• Advices to withdraw or reduce credit facility of clients who have exceeded pre determined credit limit or credit period. and advice to increase credit facility of clients based on their good payment history and demand of material.

• Customer type wise credit policy.

• Based on payments terms we follow the below process:

We ensure that Cash/current dated cheques are collected and credited in company’s account on time

To ensure that all PDCs are collected on time

We do timely deposition of PDC’s into our bank account to maintain the customer in his credit limit.

• We ensure that no new order should be authorised if the same customer has crossed his predetermined Credit limit or Credit Period

• We try to maintain the receivables from the customers in 0-30 days ageing or maximum 60 days ageing to avoid any bad debts in the future.

• To ensure credit notes, debits note and commissions are raised on time by accounts dept to keep the account clean and neat for the customers.

2. DOCUMENTATION & CORRENPONDENCES

• We check Purchase order to check payments terms mentioned on it before order processing.

• We ensure that all delivery challans are submitted by delivery staff with the acknowledgment (signed and stamped) on it from the customers.

• We always communicate with customers by sending emails or letters to them to avoid any misunderstanding and disputes in business.

• We ensure that quarterly balance confirmation letter is sent to each customer for their acknowledgment on outstanding which may also helps in legal action against customers to recover payments.

• We send payments request letter, reminder letter to the customers to recover payments.

3. DATA ANALYSIS & MIS

• On weekly basis we run the outstanding ageing report to monitor the credits and outstanding of customers.

• Based on below areas we do analysis and find out the critical cases and plan accordingly: Customers type wise Analysis, Credit Period wise analysis, Sales person wise analysis, etc etc.

• We also ensure that this Analyzed Data is circulated to respective Sales Person and Management.

• Suggest changes and improvement in ERP system for better credit control.

• To prepare MIS as per the requirement of managements.

4. RECOVERY OF PAYMENTS

• We ensure that all invoices are delivered to the customers before to start recovery process.

• We make sure that any disputes raised in bills or material are resolved on time.

• We keep regular follow-ups with the customers to recover our payments over phone, via emails, Letter and by visiting to the customers.

• We escalate the issue to the higher authority from both the parties to have final closer on disputes if any.

• If required we settle the outstanding with customers at certain percentage only on approval from the management.

Organization

Industry First Flight Couriers Ltd

Duration Worked with this organization from14 th July 2005 to 5th January 2010

Designation Sr. Credit Control Executive

Company Profile

First Flight Couriers Ltd is a service base courier industry having about 1750 own branches in India and expanding across the world . They have three major products they are Domestic courier (within India ),International(abroad), Surface (by road within India).They are considered as one of the best courier industries in India next to Blue dart

Job Description:

Credit control and Record Keeping(Collections)

• ¬Monitor credit & debit for clients.

• Advice withdrawal to credit facilities to customers who have exceeded pre-determined credit limits.

• Ensure there are no unadjusted payments/credits pending for long.

• Ensure regular daily collection to avoid month end pressure.

• Plan monthly activity to ensure that both old and current debts are attended and collected.

• Ensure that collection targets set by management are met monthly without fail.

• Resolving Customer queries, doing reconciliation.

• Ensure timely bill delivery for major clients to avoid further delay in payment process by clients.

• Ensure timely collection of TDS certificates and follow up of O/s TDS certificates.

Collections and Performance Management

• Preparing action sheet for collection of payments that are due from the clients.

• Ensure regular follow-up for payments are done with the clients through tell calling, emails and letters etc.

• If required then escalate the issues related to the outstanding from junior level to middle level and then to the high level at clients.

• Ensure the escalations of issues to the management related to dues, billing, rates etc.

• Monitoring of the performance of the Team through weekly review & MIS.

• Ensure daily strategy report, weekly expected payments report, daily collection report, monthly final collection report, is sent to the management.

Additional Information

• Managing a team of Collection Executives handling the branches Kurla,& B. K .C

EDUCATION

Degree School/College Board/University Year Of Passing

B.Com Manjunatha Karnataka College Mumbai 2005

HSC D.N.C Jr.College Mumbai 2002

SSC Greens English School Mumbai 2000

COMPUTER KNOWLEDGE

MS OFFICE (Excel, Word, PowerPoint,), Internet, Microsoft Outlook,

ERP (Enterprise Resource Planning) software,Tally

PERSONAL DETAILS

Date of Birth 09th August 1984

Sex Male

Marital Status Unmarried

Nationality Indian

Languages Known English, Hindi,Marathi.

Hobbies listening to music, Cricket,carrom

Jayesh Madhukar Nagle

Date :

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