Major Responsibilities
a) Accounts Receivable & Collections
Monitor customer accounts to identify overdue payments.
Proactively follow up with customers via calls, emails, and statements to ensure timely
collections.
Allocate incoming payments accurately in the ERP system and perform bank reconciliation.
Accounting and processing of credit notes related to sales returns, customer schemes,
and trade discounts.
Maintain up-to-date customer ledgers and ageing reports.
Liaise with the sales team to resolve billing disputes and hold/release orders based on
payment status.
Coordinate with the Sales team to obtain rolling three-month cash collection forecasts,
conduct weekly follow-ups, and monitor collections to ensure alignment with projected
targets.
b) Credit Risk Management
Conduct credit checks for new and existing customers.
Recommend credit limits based on customer financial history and payment patterns.
Monitor and review customer credit limits periodically.
c) Reporting & Analysis
Prepare weekly and monthly ageing reports with commentary for management.
Prepare bad debt provision simulations based on projected cash collections and assess
the potential impact on financial results.
Highlight potential bad debts and initiate escalation procedures where required including
legal.
Provide inputs for cash flow forecasting based on collection trends.
d) Audit & Compliance
Support statutory and internal audits by providing AR-related data and reconciliations.
Ensure compliance with company credit policies and applicable regulations.
Assist in drafting and implementing SOPs for credit control processes.
Required Candidate Attributes
Bachelor's degree in commerce or finance; CMA Inter or equivalent preferred.
4-5 years of experience in credit control, accounts receivable, or related roles.
Proficiency in MS Excel and ERP systems (SAP, Navision, Oracle, Tally, etc.).
Strong negotiation, follow-up, and interpersonal skills.
Good understanding of credit risk assessment and AR reconciliation.
Experience in dispute resolution and customer account management.
Exposure to audit processes and financial reporting is an advantage
HOYA Group: Founded in 1941 in Tokyo, Japan, HOYA Corporation is a global technology and med-tech company and a leading supplier of innovative high-tech and medical products. HOYA's divisions and business units research and develop products utilized in the healthcare and information technology fields. In the healthcare field, we provide medical device products such as eyeglasses, medical endoscopes, contact and intraocular lenses, orthopedic implants, surgical/therapeutic devices and medical device reprocessing and disinfection solutions. In the information technology field, we provide products such as optical lenses, photomasks and blanks used in the manufacturing process for semiconductor and LCD/OLED devices, text-to-speech, human resources and other software solutions and critical components for the mass memory and cloud storage industries. With over 150 offices and subsidiaries worldwide, HOYA currently employs a multinational workforce of 37,000 people.
HOYA Vision Care: As a global leader in optical technology, HOYA Vision Care is dedicated to providing innovative vision care solutions for every stage of a patient's life. A steadfast partner to Eye Care Professionals around the world, it stands at the forefront of optical excellence. With a global presence, consisting of 43 laboratories and a growing team of 20,000 employees, HOYA Vision Care delivers innovative lenses and other vision care solutions to millions of people in 110 countries.
We focus on a better tomorrow, today. You can become part of our story. HOYA Vision Care is the place where you can act according to your strengths and evolve according to your aspirations. It's a place where you can shape the way you work, guided by our CLEAR Values, and empowered by generations of expertise. You can get involved in our sustainability initiatives and choose to become a One Vision ambassador. You can give back the gift of sight to people all over the world by deciding to work with us.
We welcome people who challenge us to become better, who share our sense of purpose and who embrace growth so that our vision and mission align. We invite you to find out more, and together we can continue to provide vision for a lifetime.
Driven by a passion for partnership as well as innovation, HOYA has been a partner to Eye Care Professionals for over 75 years, enabling them to give people the greatest gift, the gift of vision. We provide Eye Care Professionals with the lenses, consultation solutions and other services that help them to develop their practice while changing the way people see the world. We see them as visionaries, and everything we do is for them. Founded in Japan in 1941, today, HOYA has a presence in over 80 countries across the globe.
