Confidential (via Talento HR)
Bangalore, Karnataka · On-site · Full-time · 7-12 years experience
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COMPANY PROFILE
Supply, Installation, Testing & commissioning of lights in PROJECTS which includes Commercial Buildings, Street& roads, Industrial and Sports infrastructure
PROJECT PAYMENT COLLECTION MANAGER
A Project Payment Collection Manager (or Accounts Receivable / Project Billing & Collection Manager) is responsible for ensuring that cash flows into the organization on time by managing project invoicing, monitoring payment milestones, resolving billing disputes, and driving collections.
Milestone Tracking & Billing Governance
• Translate commercial contracts, client purchase orders, and project schedules into an active, actionable billing and collection calendar.
• Coordinate directly with project execution, supply chain, and site engineering teams to secure timely client approved delivery receipts, installation completion certificates, and joint measurement sheets.
• Enforce "First-Time Perfect" invoice preparation—ensuring tax invoices, delivery challans, and supporting technical documentations comply fully with client submission standards
• Track project progress against defined billing schedules (RA Bills, advances, retention money, and final settlement).
• Maintain an active Collection Action Tracker detailing aging receivables, upcoming milestones, and overdue accounts.
• Lead aggressive client-facing follow-ups across main contractors, PMCs, • and end-clients.
• Maintain structured aging reports (0–30, 31–60, 61–90, and >90 days) to flag overdue risks early and execute targeted recovery actions.
• Manage post-project receivables, including retention money release, bank guarantee returns, and Defect Liability Period (DLP) sign-offs.
Bottleneck & Dispute Resolution
• Identify payment blockers (debit notes, variation approvals, quality dispute claims, delay penalties) and lead resolution.
• Partner with Site Engineers to reconcile physical progress with certified financial values.
• Coordinate with Legal/Contracts to handle formal payment default notices and mediation steps.
Governance & Executive Reporting
• Present weekly/monthly collections, forecast reports, and risk matrices directly to executive leadership
• Enforce adherence to internal Order-to-Collection (O2C) SOPs across regional project teams.
• Monitor client credit risks and recommend strategic holds on site execution for high-risk overdue accounts