Samir Kumar Biswal Email & Phone Number

Noida, Uttar Pradesh, India

Delhi, India

Credit Controls Debts Collections Accounts Receivables (AR)DSO Control Payments Follow ups MIS Reporting Collections Forecasting R/Bad debt Provisioning Dispute Resolution Visiting Client & Reconciliations Auditing Liaison & Coordination with banksTeam Handling

Delhi, India

•Stratify collection activities to ensure maximum collections and managing collection size of 50 crore per month from more than 100 distributors & 350 Customers •Weekly reviews on AR Collection with Branch managers, Regional Sales head to discuss the overdue cases and sending MOM to ensure faster resolution of disputed and overdue cases•Monitoring payment falling due for the month and ensure the payments are coming on time to achieve target assigned for the month•Initiating legal action on the accounts where payments are delayed and there are no responses from partner. Bad debts to be initiated for written off•Identifying high delinquent clients and escalate to management and internal stakeholders for further action•Arrange to collect Balance confirmations from the Customers after each quarter and Customer accounts Reconciliation•Visiting Customers for resolving issues and disputes by discussing the same with internal stakeholders and getting the concerned person involved with entire satisfaction of the customers•Preparing various MIS reports like Daily Collection Report, Week-wise Collection projection report, Debtors outstanding report, Cash flow report, Collection Variance report and sending to the management for further business analysis•Issuing dunning letter to the partners having overdue more than 90 days as per the collection process •AR bad debts provisioning & DSO Control•Verifying monthly unbilled revenue and posting the entries as per closing deadline•Analyse credit note and invoicing error, report to management if the credit note % breached due to invoicing error •Calculation of volume discount and apply as per agreement •Managing and instruct to billing department to passing Price different credit note on weekly basis•Managing price update for various product in SAP Day to day basis•Analysing and managing MIS relating to price gap on fortnightly basis and update to Managements•Support to internal and external auditors for smooth audits

Noida Area, India

•Responsible for Credit Control and Collections for entire South India •Partners/Customers/Dealers/Corporates Customers) and stratify collection activities to ensure maximum collections and managing collection size of 40-50 crore per month from more than 200 Customers (Channel Partner/Dealers/Corporates)•Getting all cash application of payment received in bank account and cheques banked/RTGS on day-to-day basis and ensure the same are correctly entered by Cash application team.•Weekly reviews on AR Collection with Branch managers, Regional Sales head to discuss the overdue cases and sending MOM to ensure faster resolution of disputed and overdue cases•Monitoring payment falling due for the month and ensure the payments are coming on time to achieve target assigned for the month•Identifying high delinquent clients and escalate to management and internal stakeholders for further action•Analysing and evaluating the accounts overdue and sending reminder mails/contacting partners to determine the reason for non- payment or delay in payments to resolve the dispute and ensure payments are materialized on time•Arrange to collect Balance confirmations from the Customers after each quarter and Customer accounts Reconciliation•Visiting Customers for resolving issues and disputes by discussing the same with internal stakeholders and getting the concerned person involved with entire satisfaction of the customers•Preparing various MIS reports like Daily Collection Report, Week-wise Collection projection report, Debtors outstanding report, Cash flow report, Collection Variance report and sending to the management•Issuing dunning letter to the partners having overdue more than 90 days as per the collection process •AR bad debts provisioning & DSO Control•Initiating legal action on the accounts where payments are delayed and there are no responses from partner. Bad debts to be initiated for written off and lodge insurance claims as per the process

Gurgaon

Worked as an Assistant Manager- AR with Intertek India Private Limited•Developing monthly financial reports, MIS, daily collection report, monthly revenue report, weekly inventory report and submitting it to Sr. Manager Finance/Finance Director•Developing & calculating Bad Debt Provision for all BLs at a time; preparing complete OTC process and Weekly collection forecast •Managing/strong knowledge in bank and coordinating with banks for overseas, third party and intercompany payments and sharing reason for payments•Getting all cash application of payment received in bank account and cheques banked/RTGS on day-to-day basis and ensure the same are correctly entered by Cash application team•Monitoring daily collection and bad debt provision in a simpler way•Managing excess and overpayment refund requests of overseas & local customers as per RBI guidelines and collaborating with bank as per requirement.•Completing calculation and booking of bad debt provision on monthly basis and posting entries and inform to management accordingly where is risk factor & how to reduce it•Visiting Customers for resolving issues and disputes by discussing the same with internal stakeholders and getting the concerned person involved with entire satisfaction of the customers•Preparing various MIS reports like Daily Collection Report, Week-wise Collection projection report, Debtors outstanding report, Cash flow report, Collection Variance report and sending to the management for further business analysis•Managing subsidy from Ministry Food Processing to setup & upgrading a lab and maintaining government parts like DGFT under scheme SFIS, SEIS & EPCG papering application and their redemption, gaining experience & working on achieving re- imbursement of excise duty amount under EPCG Scheme•Creating & verifying monthly unbilled revenue and posting the entries as per closing deadline

Gurugram, Haryana, India

Worked as Sr. Executive Account Receivable •Developing monthly financial reports, MIS, daily collection report, monthly revenue report, weekly inventory report and submitting it to Sr. Manager Finance/Finance Director•Developing & calculating Bad Debt Provision for all BLs at a time; preparing complete OTC process and Weekly collection forecast •Managing/strong knowledge in bank and coordinating with banks for overseas, third party and intercompany payments and sharing reason for payments•Getting all cash application of payment received in bank account and cheques banked/RTGS on day-to-day basis and ensure the same are correctly entered by Cash application team•Monitoring daily collection and bad debt provision in a simpler way•Managing excess and overpayment refund requests of overseas & local customers as per RBI guidelines and collaborating with bank as per requirement.•Completing calculation and booking of bad debt provision on monthly basis and posting entries and inform to management accordingly where is risk factor & how to reduce it•Visiting Customers for resolving issues and disputes by discussing the same with internal stakeholders and getting the concerned person involved with entire satisfaction of the customers•Preparing various MIS reports like Daily Collection Report, Week-wise Collection projection report, Debtors outstanding report, Cash flow report, Collection Variance report and sending to the management for further business analysis•Managing subsidy from Ministry Food Processing to setup & upgrading a lab and maintaining government parts like DGFT under scheme SFIS, SEIS & EPCG papering application and their redemption, gaining experience & working on achieving re- imbursement of excise duty amount under EPCG Scheme•Creating & verifying monthly unbilled revenue and posting the entries as per closing deadline

Gurgaon

Gurgaon

B.Com Passed, 1St Grade

12Th (I.Com) Passed, 1St Grade

10Th Passed

Icwai, 2Nd

Master Of Commerce, Accounting, A