Summary
Overview
Work History
Education
Skills
Websites
Certification
Birthday
Personal Information
Languages
Timeline
Generic
Karuna Modkale

Karuna Modkale

Mumbai

Summary

Dedicated and results-driven professional with over 10 years of experience in Credit Control, Debt Management, and Customer Service.

Seeking a challenging role as a Credit Controller to leverage I expertise in maximizing collections and ensuring adherence to credit policies. Detail-oriented financial professional adept at coordinating fiscal plans, AP and AR operations as well as inventory management.

Good mathematical, communication and problem-solving abilities. Advanced skills in To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

13
13
years of professional experience
2
2
Certifications

Work History

Credit Controller - Finance

Cleartrip Pvt Ltd by Flipkart Group
7 2023 - Current
  • Ensure all agents' accounts are reviewed daily and maintained within the set credit limit.
  • Communicating with customers to resolve payment issue,negotiate payments plans and address inquires & disputes.
  • Preparation of Summary detail of invoices as per Client’s requirement.
  • Weekly submission of summary & invoices to respective clients as per billing Cycle.
  • Monthly provision working as per client requirement. Working knowledge of TDS & GST
  • Upload the daily and monthly commission entries to the portal after reconciling with each travel agent.
  • Reconcile the GST invoices and upload the credits to the portal.
  • Monitoring customer accounts to ensure timely payments of invoices and follow – up on overdue.
  • Reconciling accounts receivable ledger to ensure accuracy and completeness of records.
  • Timely payment follow up through emails & calls to ensure payments from customers as well as from sales team.
  • Visiting high-risk clients to recover payments and resolve outstanding issue in person when necessary.
  • Generating aging reports and providing regular updates on outstanding balances to management.
  • Collaborating with sales, customer service, and other departments to address customer concern and improve collection process.
  • Consistently maintained strong relationships with clients, ensuring clear communication and timely updates on project progress.
  • Optimized credit approval and collection processes, improving operational efficiencies by over [Number]%

Assistant - Collection Manager

Leo1( Gajju Technologies Private Limited)
10.2021 - 06.2023
  • Handle customer and internal collection team disputes promptly.
  • Manage disputes raised by Customer Success Managers (CSM), social media, and the customer support team, addressing customer concerns raised via emails.
  • Coordinate with collection agencies, managing their monthly portfolio.
  • Prepare a weekly agency collection report with caller-wise data.
  • Monitor agency queries, including stop-calling requests, payment updates, NOC, and cancellation requests.
  • Maintain strong relationships with customers through email and telephone communication.
  • Conduct monthly follow-ups with the legal team for updates on legal cases.
  • Oversee billing and collection activities, acting as a key point of contact for coordination with the finance team on day-to-day matters.
  • Conduct weekly and monthly reviews of aging collections, ensuring timely follow-ups with customers.
  • Prepare and send reports providing updated daily collection status.
  • Managed delinquent account portfolios, prioritizing high-risk cases for immediate action.
  • Coordinated with sales teams to ensure accurate invoicing and prompt follow-up on overdue accounts.
  • Conducted thorough customer account reviews, identifying potential problem areas and recommending corrective actions.

Credit Controller - APAC

Booking.com
05.2019 - 12.2020
  • Working on debt ledgers maximize the collection of any outstanding debt against the set monthly target
  • Contact customers by telephone and email to recover outstanding payments
  • Monitoring debtor balances to ensure a reduction in debtors' DSO
  • Ensuring credit and collection policies and procedures are followed within the team
  • Collect Open Invoices from Accommodation Partners in the assigned region
  • Provides scalable solutions that can be implemented to streamline processes
  • Help clients to resolve any queries they may have regarding their account efficiently and with the highest consideration to customer service
  • Assisting payment entry and allocations on SAP
  • Build strong relationships with customers and business partners to ensure all invoices are paid to the terms of the Booking.com contract
  • Responsible for the oversight of a portfolio of accounts.
  • Facilitated the resolution of complex customer disputes, working closely with internal stakeholders to achieve mutually beneficial outcomes.
  • Streamlined the credit control process by developing a comprehensive debtor management system.
  • Minimized bad debts by conducting thorough credit assessments for new clients and regularly reviewing existing client profiles.
  • Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
  • Supported sales teams by providing accurate credit information for new and existing customers.
  • Increased collection rates through proactive account management and regular follow-ups with clients.
  • Reduced overdue debt by closely monitoring customer accounts and taking prompt action on outstanding payments.

Accounts Executive

Hello Health Services Pvt Ltd
02.2016 - 04.2019
  • Prepare monthly sales invoices according to branch sales.
  • Follow up on payments and maintain updates in Excel.
  • Handle monthly payments for TDS, Service Tax, Provident Fund, and ESIC.
  • Perform monthly bank, debtors, and creditors reconciliation.
  • Coordinate with banks for bank guarantees and fixed deposits.
  • Manage monthly payroll for 70 employees per branch.
  • Maintain cash transactions and petty cash book, and prepare cash reports.
  • Prepare MIS reports for sales and collections on a branch-wise basis.
  • Maintain Tally entries for daily transactions.
  • Post entries for purchases, sales, payments, receipts, collections, and journal vouchers, and rectify discrepancies.

Account Executive

Goldstar Group (Builders and Developers)
02.2012 - 02.2016
  • Performing accounts payable functions for daily construction expense
  • Performing accounts receivable functions to customers via Call and emails for monthly collection
  • Preparing Monthly Sales report, Daily sales Report
  • Handling Company Formation process
  • Handling payment of Service Tax TDS, LBT, PF & ESIC
  • Co-ordinate monthly payroll for 30 Employees
  • Preparing Monthly Sales report, daily collection report
  • Handling Buyers credit, Bank Guarantees, LC, and CC limits coordination with banks & clients
  • Monthly Bank Reconciliation
  • Preparation of staff attendance, maintaining leave records for the employees
  • Preparing Monthly Stock Statements.

MIS Executive

Mahindra & Mahindra Ltd
08.2011 - 02.2012
  • Maintaining Automotive Division Data in SAP
  • Maintaining Automotive Division Vehicle Part Capacity in excel sheet
  • Communication with the Vendor for Capacity Planning
  • Responsible for maintaining MIS Report as per Vendor Vehicle Part Capacity
  • Maintaining Automotive Division Vehicle Part Capacity in SAP
  • Ensure Excel SAP & MIS Report Match With Vendor MIS Report Providing telecommunication support to the clients
  • Managing the Internal and external mail function.

Education

Bachelor of Commerce -

Mumbai University
Mumbai, Maharashtra

Skills

  • Account Management Skills:

  • Customer Communication and Negotiation

  • Invoice and Payment Processing

  • Technical and Financial Skills

  • Collaboration and Relationship Management

  • Customer Relationship Management

  • Performance Metrics

  • Proactive Communication

  • Escalation Procedures

Certification

Account Executive, Bharatiya Vidya Bhavan South Mumbai, 2010, Mumbai, Maharashtra

Birthday

04/20/1991

Personal Information

  • Gender: Female
  • Nationality: India
  • Marital Status: Married

Languages

Hindi
Marathi
English

Timeline

Assistant - Collection Manager

Leo1( Gajju Technologies Private Limited)
10.2021 - 06.2023

Credit Controller - APAC

Booking.com
05.2019 - 12.2020

Accounts Executive

Hello Health Services Pvt Ltd
02.2016 - 04.2019

Account Executive

Goldstar Group (Builders and Developers)
02.2012 - 02.2016

MIS Executive

Mahindra & Mahindra Ltd
08.2011 - 02.2012

Credit Controller - Finance

Cleartrip Pvt Ltd by Flipkart Group
7 2023 - Current

Bachelor of Commerce -

Mumbai University
Account Executive, Bharatiya Vidya Bhavan South Mumbai, 2010, Mumbai, Maharashtra
Conflict Management & Influencing, Booking.com - Singapore Unit, 2019, Singapore
Karuna Modkale