Summary
Overview
Work History
Education
Skills
Websites
Languages
Timeline
Generic

NIKITA KHATRI

Credit Analyst
Hyderabad,Telangana

Summary

Enthusiastic and Highly-motivated employee Offering 7+ Years of service with desire to take on new challenges. Strong work ethic, adaptability, and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills.

Overview

7
7
years of professional experience

Work History

Credit Coordinator

Celanese
Hyderabad
06.2023 - Current
  • Coordinated with other departments such as sales and accounting in order to resolve outstanding issues quickly
  • Reviewed credit applications and financial statements to determine credit worthiness of customers
  • Developed relationships with customers and maintained open communication channels to ensure timely payments
  • Researched and resolved customer disputes regarding invoices, payments, and discrepancies
  • Monitored customer profiles and adjusted credit limits when necessary based on payment trends or other factors
  • Assisted in the collection of overdue accounts by contacting customers via phone or email
  • Reviewed customer financial data to ascertain level of risk involved for extending credit
  • Requested financial documents from customers
  • Worked closely with both customers and sales team to reconcile accounts and oversee payment negotiation.

AR Supervisor

Innoserv Marketing Management LLC
07.2021 - 12.2022
  • Handling of aging accounts and collect pending receivable payments from the clients
  • Preparation of aging reports for management review & escalating aged balances to management
  • Billing-ensure timely and regular invoicing to the clients
  • Handling confidential and sensitive information
  • Assist in general financial management and analysis; investigate and resolve discrepancies
  • Preparing Credit and debit memos as required
  • Cross-check invoice accuracy with price list and requisition forms before posting to clients
  • Reconciling various receivable accounts.

Relationship Officer

ABU DHABI COMMERCIAL BANK
01.2020 - 09.2020
  • Handling customer's queries by applying customer oriented and customer first approach and providing amicable solutions
  • Develop and oversee relationship with high net-worth clients
  • Dealing with their overall portfolios with the bank and assuring that the book balance is being maintained
  • Updating all the mandatory legal documents
  • Promoting essential financial products and services to the clients
  • Maintaining client database by working closely with team to maximize referrals and sales opportunities
  • Handling portfolio of Ex-UNB accounts
  • Providing all account related services to clients such as transaction confirmation, upgrading services, updating accounts and account closure
  • Activation of dormant accounts by contacting the client and advise to maintain account balance
  • Cross-selling bank products and services basis customer needs
  • Contacting customers to increase CASA balance
  • Updating Trade License for the clients.

AR Specialist

RAK BANK
06.2018 - 10.2018
  • Providing clarification on invoice queries
  • Followed up with the customers on payments
  • Create financial profiles of customers with the information collected during a telephonic conversation to check their credit scores and eligibility for issuing a credit to new customers
  • Collected organizations' financial and legal documents to conduct the AECB check.

Lead AR Analyst

American Express
09.2013 - 06.2017
  • Implemented credit control and invoicing procedures to maximise cash flow
  • Reduced the clients' debtor days by clearing the aged debt
  • Annually reduced the bad debt provisions for different business units
  • Arranged regular weekly & fortnightly AR calls with the various Business Units
  • Proactively identified accounts that required special attention and investigation in order to resolve issues on a timely and professional manner
  • Reduced the WIP to increase cash flow
  • Preparing accurate weekly and biweekly cash forecast for the group reporting
  • Identify changes in payment patterns and propose action to revert indebtedness
  • Provide accurate advice on billing queries
  • Provide ad-hoc reporting as and when requested
  • Track and chase debt by telephone/email and scheduling face to face there by reducing debtor days
  • Daily and month end reporting and account reconciliations
  • Providing accounts information to internal departments
  • Payment posting and allocations for customer remittances & intercompany transactions
  • GL reconciliation & Ledger reconciliation on a monthly basis for intercompany transactions and customers
  • Developed strong organizational and communication skills through coursework and volunteer activities
  • Managed time efficiently in order to complete all tasks within deadlines.

Education

Diploma in PGDM - Finance & Marketing

Jaipuria Institute of Management
01.2013

Bachelor of Commerce -

C.S.G.M University
01.2011

12th - Commerce

I.C.S.E Board
01.2008

10th - Science

I.C.S.E Board
01.2006

Skills

  • Strategic planning
  • Credit and collections
  • Documentation and control
  • Teamwork and Collaboration
  • Customer follow-up
  • Risk Assessment
  • Credit analysis
  • Well versed with SAP and MS Office
  • Collections Management
  • Task Prioritization

Websites

Languages

  • Hindi, First Language
  • English, Advanced (C1)

Timeline

Credit Coordinator

Celanese
06.2023 - Current

AR Supervisor

Innoserv Marketing Management LLC
07.2021 - 12.2022

Relationship Officer

ABU DHABI COMMERCIAL BANK
01.2020 - 09.2020

AR Specialist

RAK BANK
06.2018 - 10.2018

Lead AR Analyst

American Express
09.2013 - 06.2017

Diploma in PGDM - Finance & Marketing

Jaipuria Institute of Management

Bachelor of Commerce -

C.S.G.M University

12th - Commerce

I.C.S.E Board

10th - Science

I.C.S.E Board

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