Date: Aug 14, 2026
Location: Chennai, TN, IN, 602105
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Company: Gates Corporation
Essential Duties and Responsibilities
Monthly collection forecasting at customer account-level for Automotive Replacement business segment at pan-India level, based on detailed discussions with key sales account managers & share with Credit Controller for consolidation at pan-India level for cash flow analysis, monthly rolling forecast preparation and consolidation for review by FSSC.
Manage accounts receivable and avoid bad debt and control past due for Automotive Replacement business segment at pan-India level by proactively identifying any disputes related to quality rejection, short supply, pending CN/DN, dispute resolution & escalation as necessary through close follow-up with sales, quality, CSD team & customers.
Actively managing credit control for Automotive Replacement business segment at pan-India level on daily basis in accordance with credit policy.
For Automotive Replacement business segment manage daily credit decisions for sales order release in Oracle, as per DOA, credit policy or escalate to manager/credit controller for necessary approvals, backed by data analysis and business reasons aligned with commercial sales, documenting approvals.
Execute dunning process for monthly statement & past due reminders to customers on weekly basis to ensure timely collections for Automotive Replacement.
Daily follow-up with key sales account manager and customers to obtain payment advice and closely work with cash application team for timely & accurate invoice knock-off in customer ledger for AR segment.
Prepare debtor’s aging report for GIPL and analyze past due on monthly, weekly, and daily basis for account hygiene for Automotive replacement segment.
Drive debtor reconciliation and balance confirmations periodically for the automotive replacement business segment.
Prepare & submit credit proposals for new customer code creation for automotive replacement segment, initiated by sales/data master team by validating statutory documents, credit limit & credit terms proposals, review of security deposit and other collaterals required in compliance with internal credit policies.
For AR segment pursues collection strategies along with activities such as sending follow-up inquiries, negotiating with past due accounts and propose to FSSC to initiate legal action or assign to collection agencies.
Reliably executing the timely sending of bill reminders and contacting clients to facilitate payment of invoices due for AR segment.
Generating financial statements and reports clearly detailing accounts receivable status for AR segment
Identifies and resolves problems and inconsistencies and suggests appropriate corrective procedures.
Manages and drive processes to achieve DSO target for Automotive Replacement.
Act as maker of monthly SOX schedules for GIPL entity and submit to the Credit Controller to perform checker action and further submit for review and approval by FSSC, as per RCM control guidelines.
Ideates process refinement and report refinements.
Keys to Success
Knowledge of accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Driving collection by front-ending the customers & doing rigorous daily follow for past dues
Credit Control management for managing Hold/Release process for Sales order as per credit logic based on past due
Liaising with Sales, customers & internal functions for resolution of disputes hampering collections
Dispute resolution & Account reconciliation for maintaining account hygiene.
Significant, first-hand experience operating with spreadsheets.
Ability to meet deadlines and demonstrate effective time management
Strong communicator – both written and verbal in technical and non-technical environment
Strong team management skills
Proactive, self-motivated. Ability to work independently with minimal supervision and follow through to meet objectives.
Works well under pressure, demonstrate flexibility in work style to accommodate changing priorities and fixed deadlines.
Strong interpersonal skills and team player. Ability to build collaborative relationships cross hierarchy, cross function and cross region.
Excellent business ethics and integrity
Demonstrated ability to manage high pressure situations manages conflict and prioritizes workloads.
Self-directed and motivated.
Supervisory Responsibilities
Critical role in managing and recording financial transactions for all entities of Gates. The role will be involved in managing receivables and credit control functions by maintaining accurate financial records and control reports in close liaison with commercial sales, operation & quality team, front ending customers.
Requirements and Preferred Skills
Accounting or Finance degree
10+ years of experience in AR & banking activities
Strong communication and organizational skills.
Must be willing to travel – 25%
Knowledge of basic bookkeeping and accounting receivable principles with account reconciliation, data handling and analysis
Reliable, solid understanding of industry standards including basic accounting principles, fair credit practices, and collection rules and regulations
Meticulously accurate abilities to calculate, post, and manage necessary accounting figures and financial records
