Ankita Mahajankatti
Credit Control Analyst
Bengaluru
Summary
Detail-oriented and results-driven Credit Control Analyst with a proven track record of optimizing credit risk management processes and improving cash flow efficiency. Seeking to leverage , analytical skills and financial acumen to contribute to the success of a dynamic financial institution. Dedicated to mitigating credit losses, enhancing debtor management strategies, and fostering strong client relationships in a challenging and fast-paced environment. Results-oriented Analyst skillful in managing and breaking down large volumes of information. Proactive at heading off issues in operations, workflow and production by uncovering trends affecting business success.
Overview
6
6
years of professional experience
3
3
years of post-secondary education
5
5
Certifications
Work History
Credit Control Analyst
Tata Consultancy Services
Bangalore
05.2020 - Current
- Analyzing credit data and financial statements to assess credit risk and determine credit limits for clients
- Referring to guideline and adhering to Process SOP(Standards Of Procedure given by clients
- Performing Reconciliation of accounts to avoid bad debts against payment received and internal statements
- Monitored accounts receivable aging reports to identify overdue accounts and implemented appropriate collection strategies
- Conducted regular credit reviews and recommended adjustments to credit terms based on creditworthiness and payment history
- Collaborated with sales and account management teams to resolve billing discrepancies and address customer inquiries regarding payment terms
- By using SAP ERP software clearing cash reports, broker reports and generating monthly statement of accounts .
- Prepared monthly credit risk reports and presented findings to senior management to support decision-making processes
- Negotiated payment plans with delinquent clients and managed accounts in accordance with company policies and regulatory requirements
- Implemented process improvements to streamline credit evaluation procedures and reduce bad debt exposure
- Assisted senior credit analysts in evaluating creditworthiness of loan applicants by analyzing financial statements and credit reports
- Conducted industry research and financial analysis to assess risk factors associated with potential borrowers
- Prepared credit proposals and presented recommendations to loan committee members based on thorough risk assessments
- Updated credit files and maintained accurate records of borrower information and credit decisions
- Settled unallocated payments by clearing 200 transaction per day and created impact on huge amount of 1800000 USD reconciled .
Record to Report
Tata Consultancy Services
Pune
06.2018 - 03.2020
- Trained new team members on accounts payable processes, fostering productive work environment.
- Handled day-to-day accounting processes to drive financial accuracy.
- Maintained good working relationships with vendors and resolved disputes.
- Reviewed vendor invoices for appropriate documentation and validity prior to payment.
- Reviewed employee expense reports against company policies, safeguarding corporate funds from misuse.
- Ensured regulatory compliance regarding tax withholding requirements for non-resident suppliers, avoiding potential fines.
- Continuously refined personal approach to editing based on client feedback, contributing to ongoing improvement of report quality.
Education
Bachelor of Commerce - Accounting And Finance
Karnataka University Dharwad
Dharwad 06.2015 - 06.2018
Master of Commerce - Accounting And Finance
Karnataka University Dharwad
Dharwad 04.2024 - Current
Skills
Knowledge of SAP Hana
undefinedCertification
Basics of Agile Methodology
Awards
- Employee of the Month Awards
- Special initiative Awards (for taking up initiatives)
- Service and Commitment Awards
- Learning and Achievement Awards
- Award for Excellence on the spot
Accomplishments
- Achieved Special initiative Award by completing assigned task with accuracy and efficiency and for taking initiatives
- Documented and resolved unallocated payments pending within a year which led to appreciation by clients and received TCS Gems as reward.
- Monetary Transactions - Handled cash, check, credit and automatic debit card transactions with 100% accuracy.
- cross training myself apart from process and gaining knowledge about finance and accounting by completing certifications offered by TCS and becoming one of the top member in whole team to achieve highest points in learning and cross training.
Timeline
Master of Commerce - Accounting And Finance
Karnataka University Dharwad
04.2024 - Current
Credit Control Analyst
Tata Consultancy Services
05.2020 - Current
Record to Report
Tata Consultancy Services
06.2018 - 03.2020
Bachelor of Commerce - Accounting And Finance
Karnataka University Dharwad
06.2015 - 06.2018
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