Summary
Overview
Work History
Education
Skills
Websites
Disclaimer
Applications
Languages
Accomplishments
References
Timeline
Generic
Jijumon Vijayan Chandrika

Jijumon Vijayan Chandrika

Plainsboro

Summary

A dedicated Finance professional with 11+ years of relevant experience in Credit and Collections with well expertise in SAP & Getpaid. Now seeking to contribute my experience and expertise in a reputed organization where I can prove my skills and knowledge for the benefit of the company. The below my professional experience will provide you details of my knowledge and skills. Strategic Credit Manager known for high productivity and efficient task completion. Skilled in risk assessment, financial analysis, and regulatory compliance which ensure sound credit decisions. Excel in negotiation, problem-solving, and leadership, fostering strong relationships with clients and enhancing team performance.

Overview

13
13
years of professional experience

Work History

Senior Credit and Collection Specialist

Lenovo India Pvt Ltd
08.2020 - Current
  • Responsible for a major portfolio of direct distributor and customer accounts of approximately $250M
  • Drive and manage Collection representatives across our medium and large accounts
  • Accurately forecast monthly Collections goals and drive collections to on-time closure
  • Effectively coordinate and communicate with customers and other departments to resolve outstanding issues and collect the payments
  • Monthly credit planning to prepare sufficient credit facility as well as alert business team on credit limit gap
  • Enabling the negotiation process with the Bank and customers for the payment arrangements by understanding their needs and issues
  • Reconciliation of accounts through investigation of outstanding issues through interaction between the distributors and internal departments
  • Prepared and presented regular reports on credit risk exposure and performance to senior management.
  • Created financial management mechanisms to minimize financial risk to business.
  • Evaluated and approved credit applications based on thorough financial analysis and risk assessment.
  • Analyzed credit risk and developed strategies to reduce exposure.
  • Conducted periodic reviews of existing clients to adjust credit limits and terms as necessary.
  • Conducted detailed financial analyses to determine creditworthiness of potential and existing clients.
  • Implemented credit scoring models to streamline the credit approval process.
  • Managed relationships with tax authorities, bankers and auditors.
  • Negotiated terms with clients facing financial difficulties to maximize recovery and maintain relationships.

Credit Controller

Synopsys India Pvt Ltd
06.2023 - 05.2024
  • Maintained accurate records for all collection activity on the internal system.
  • Created presentations outlining department performance metrics for senior management review.
  • Developed invoicing systems and internal controls to boost billing efficiencies.
  • Developed or analyzed information to assess current or future financial status of firms.
  • Provided advice and guidance on legal actions when necessary.
  • Assisted in developing strategies for reducing bad debt write-offs as well as increasing cash flow through improved collections processes.
  • Participated in training sessions related to collecting past due accounts.
  • Performed regular audits of customer accounts for accuracy and completeness.
  • Recommended new financial and accounting software packages. replacing various non-integrated offerings.
  • Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.
  • Managed relationships with tax authorities, bankers and auditors.
  • Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
  • Prepared monthly reports summarizing account receivable status and trends.
  • Analyzed customer payment history, credit ratings, financial statements, and other relevant information to determine creditworthiness of potential customers.
  • Developed and implemented new credit policies and procedures to ensure compliance with company guidelines.
  • Reconciled discrepancies in invoices, payments, credits. between customers' records and internal records.
  • Developed and implemented financial strategies to maximize profits and reduce costs.
  • Responded promptly to inquiries from customers regarding their accounts receivable balances.
  • Facilitated communication among departments within the organization regarding collection issues.
  • Attended meetings with key stakeholders within the business as part of ongoing efforts to improve Credit Control processes.
  • Provided support and guidance to junior members of staff, helping them develop their knowledge of Credit Control processes.
  • Investigated disputed invoices raised by customers, taking appropriate action where necessary such as issuing credits or refunds.
  • Managed relationships with external debt collection agencies when needed, providing them with relevant information about delinquent accounts.

Credit and Collection Specialist

Electronics For Imaging India Pvt Ltd
01.2013 - 08.2020
  • Daily cash collection
  • Resolve various customer disputes
  • Train the new employees
  • Managing high volume of Inbound/Outbound calls from the US customers
  • Credit Management
  • Coordinate legal collection activities
  • Support Audit/SOX compliances
  • Customer account reconciliation and monthly cash forecast
  • Order release
  • Assist in month end closing

Credit to Cash Accountant

Ericsson India Global Pvt Ltd
10.2016 - 03.2018
  • Intercompany Cash Collection
  • Daily Bank Accounting
  • Focus on unapplied payments and unused credits
  • Perform monthly bank reconciliation
  • Participating on new projects
  • Audit support

Credit to Cash Accountant

Oracle India Pvt Ltd
08.2012 - 01.2013
  • Daily Bank Accounting
  • Cash Application
  • Lockbox clearing
  • Process Write-offs and refunds
  • Collection of past due balance

Process Associate

Deutsche Bank Operations International Global Service Pvt Ltd
12.2011 - 06.2012
  • Checking clients Loan repayment status
  • Review credit agreement
  • Collection of Loan documents
  • Verifying and depositing Loan documents in the Loan system
  • Resolved customer service inquiries within established time frames while maintaining a high level of quality assurance.
  • Facilitated training sessions for new employees on company policies and procedures.

Education

MBA - FINANCE

Visvesvaraya Technological University
06.2011

Bachelor of Science - Electronics

University of Kerala
Kerala, India
04-2009

Skills

  • Customer communication
  • Account Reconciliation
  • Research and Problem-solving
  • Time-Management
  • Attention to detail
  • Credit scoring techniques
  • Reporting strengths
  • Account reconciliation proficiency
  • Credit analysis
  • Reporting expertise
  • Cash flow management
  • Credit risk analysis
  • Advanced Excel
  • Credit reviews
  • Risk evaluations
  • Financial statement analysis
  • Credit evaluations
  • Credit risk management
  • Risk analysis
  • Risk mitigation
  • Debt restructuring
  • Proficient with [software]
  • Financial forecasting
  • Credit scoring
  • Risk assessments
  • Credit validations
  • Delinquency monitoring
  • Financial statements expertise
  • Risk mitigation strategies
  • Credit decision making
  • Credit decisions
  • High risk account reviews
  • Credit reporting
  • Credit risk assessment
  • Cash flow analysis

Disclaimer

I hereby declare that all statements made in the resume are true, complete and correct to the best of my knowledge.

Applications

  • SAP FICO AR Module
  • Get Paid collection Tool
  • Oracle Business Suite 11i
  • Salesforce

Languages

English
Professional

Accomplishments

  • best team

References

References available upon request.

Timeline

Credit Controller

Synopsys India Pvt Ltd
06.2023 - 05.2024

Senior Credit and Collection Specialist

Lenovo India Pvt Ltd
08.2020 - Current

Credit to Cash Accountant

Ericsson India Global Pvt Ltd
10.2016 - 03.2018

Credit and Collection Specialist

Electronics For Imaging India Pvt Ltd
01.2013 - 08.2020

Credit to Cash Accountant

Oracle India Pvt Ltd
08.2012 - 01.2013

Process Associate

Deutsche Bank Operations International Global Service Pvt Ltd
12.2011 - 06.2012

MBA - FINANCE

Visvesvaraya Technological University

Bachelor of Science - Electronics

University of Kerala

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Jijumon Vijayan Chandrika