Nishant Srivastava
Greater Noida
Summary
Accomplished credit controller with extensive expertise in accounts receivable, customer collections, team handling, and credit analysis. Achieved a recovery of $435k from closed businesses while managing portfolios exceeding $400 million and maintaining overdue rates below 1%. Proficient in Power BI, Microsoft Office Suite, NetSuite, SAP, and Tableau, with a strong focus on enhancing financial efficiency and risk management.
Overview
13
13
years of professional experience
Work History
Credit Controller
Manlift India Private Limited
02.2024 - Current
- Analyzing and identifying credit limit and credit term for new customers and reviewing credit limit for existing customers
- Creating and approving customer in Netsuite based on their credit profile i.e. turnover, credit rating, past history and market influence.
- Identified and supported team to resolve issues related to PO, billing issues, reconciliation of accounts and driven monthly collection targets.
- Managed and resolved invoice discrepancies to ensure timely and accurate receivable.
- Prepared monthly financial reporting including booking of provision for bad debts and presenting the same to stakeholders.
- Contribute to improvements in collection projects for high-risk customers and bankruptcy customers and ensure the right escalation matrix to be followed.
- Preparing and presenting PPT for accounts receivable, Compliance and legal to stakeholders on monthly basis
- Supporting legal team in preparing and sending legal notices and filing cases against default customers.
- Preparing credit policy, SOP, escalation matrix for the account receivable departments.
- Managed and supported cash application team in identifying and reconciling unapplied cash for customers.
- Boels Group
Assistant Manager
Amicorp Management India Private Limited
06.2023 - 11.2023
- Identified and supported team to resolve billing issues, reconciliation of accounts and driven monthly collection targets.
- Managed and resolved invoice discrepancies to ensure timely and accurate receivable.
- Managed and experienced in sending invoices to customers through Lotus Notes.
- Prepared monthly financial reporting including booking of provision for bad debts and presenting the same to stakeholders.
- Contribute to improvements in collection projects for high-risk customers and bankruptcy customers and ensure the right escalation matrix to be followed.
- Managed and supported cash application team in identifying and reconciling unapplied cash for customers.
- Maintained customer relationship and managing internal and external account receivable inquiries.
- Prepared regular reports for clients, management, and stakeholders.
Senior Analyst
ABInbev GCC Services India Private Limited
10.2021 - 06.2023
- Handled collection portfolio for $ 400 mn in a large customer-oriented corporate environment.
- Reduced overdue to an all-time low of 0.91% by identifying high risk customers from all business categories.
- Recovered $ 435k from closed business by understanding the business done, reason for delay and rectify errors in invoicing.
- Tracked and identified unapplied cash with a track record of keeping unapplied for my portfolio below 0.5%.
- Managed and resolved invoice discrepancies to ensure timely and accurate receivable.
- Helped in identifying bad debts and reducing bad debts for $ 2mn in year.
- Prepared monthly financial reporting for all categories including booking of provision for bad debts and presenting the same to stakeholders.
- Responsible for tracking and managing all month end activities including statement generation and Aging report.
- Dealing with client requests along with daily work and ensure 100% TAT and accuracy for both.
- Planning and implementing MICS controls for SOX compliance and insuring no failures.
- ABInbev
Executive
Onicra Credit Information Company Limited
05.2013 - 06.2014
Education
Company Secretary -
Institute of Company Secretary of India
01-2012
B.Com -
Delhi University
New Delhi01-2010
XII -
ISCE
New Delhi01-2007
X -
ICSE
Delhi01-2005
Skills
- Power BI
- Microsoft Office suite
- NetSuite expertise
- SAP proficiency
- Lotus Notes familiarity
- Tableau analytics
- Mainframe operations
- SQL programming
- Credit analysis
- Cash application
- Invoice reconciliation
- Billing dispute resolution
- Credit policy development
Accomplishments
- Monetary reward for reducing $900k from bad debt in a single month for February 2023.
- Monetary Reward for achieving all-time low overdue of 0.91%.
- Monetary Reward for closing lowest overdue for US in December 2022.
- Non-Monetary reward for supporting cash application team to achieve their target in 2022.
- Non-Monetary Reward for recovering $1 million in bad debt from 2021.
- Monetary reward for project - Development of Enhanced Supervision system for seamless upload of data by trading members in 2017.
- Non-monetary reward for handling new developments and timely resolution of issues of customer over calls and emails in 2015.
Custom
Raise as per market standard
Personal Information
- Passport Number: T7170902
- Father's Name: Late Sunil Kumar Srivastava
- Mother's Name: Kumkum Srivastava
- Notice Period: 30 Days
Timeline
Credit Controller
Manlift India Private Limited
02.2024 - Current
Assistant Manager
Amicorp Management India Private Limited
06.2023 - 11.2023
Senior Analyst
ABInbev GCC Services India Private Limited
10.2021 - 06.2023
Executive
Onicra Credit Information Company Limited
05.2013 - 06.2014
Company Secretary -
Institute of Company Secretary of India
B.Com -
Delhi University
XII -
ISCE
X -
ICSE