Prashant Vaghela
Payment Collection Manager
Surat
Summary
Experienced and result-driven professional with a strong background in payment collection, banking, operations, and marketing strategies, Basic HR. Proven ability to lead teams effectively and drive performance towards achieving collection and sales targets. Adept at building client relationships and coordinating with cross-functional departments. Skilled in handling financial transactions, maintaining records, and ensuring timely payments.
Overview
10
10
years of professional experience
3
3
Languages
Work History
Collections Account Manager
Belcon Tex Private Limited
02.2026 - Current
- Developed comprehensive knowledge of relevant regulations and industry best practices to ensure compliance in all collection activities.
- Reduced overdue accounts by implementing strategic collection techniques and maintaining consistent communication with clients.
- Maintained strong client relationships through effective communication and empathetic negotiation skills, fostering a positive experience during difficult financial situations.
- Implemented automated reminder systems that contributed to a decrease in past due invoices.
Collections Account Manager
BIOFICS PRIVATE LIMITED
12.2023 - 02.2026
- Improved collections success by implementing effective strategies for contacting delinquent clients and negotiating payment plans.
- Maintained accurate records of all collection activities, ensuring compliance with company policies and industry regulations.
- Reduced bad debt losses through diligent monitoring of accounts receivable and timely follow-up with customers.
- Collaborated on collection and dispute resolution issues.
- Prepared accounts receivable-related journal entries for accounting month-end close.
Team Leader and Marketing
MARICO LIMITED
02.2016 - 01.2020
- Provided marketing and operational support to streamline daily field and route activities.
- Led and coordinated supplier loading operations, assigning routes and ensuring timely dispatch.
- Acted as the primary link for reporting to the Area Manager, delivering performance updates and operational data.
- Supervised and guided a team of staff, ensuring efficient communication and task execution.
- Collected and analyzed daily reports and field data from team members for strategy and planning.
- Ensured smooth coordination between marketing, logistics, and supplier teams to meet sales targets.
Education
Bachelor of Business Administration -
Veer Narmad South Gujarat University
05-2018
HSC - undefined
Gujarat Board
05-2015
SSC - undefined
Gujarat Board
05-2013
Skills
Project Management
Public Relations
Teamwork
Time Management
Leadership
Official Banking
HR - Basic Works
Accounting
ADDITIONAL INFORMATION
UPSC: Preliminary exam cleared. Main exam (Geography uncleared)
Timeline
Collections Account Manager
Belcon Tex Private Limited
02.2026 - Current
Collections Account Manager
BIOFICS PRIVATE LIMITED
12.2023 - 02.2026
Team Leader and Marketing
MARICO LIMITED
02.2016 - 01.2020
HSC - undefined
Gujarat Board
SSC - undefined
Gujarat Board
Bachelor of Business Administration -
Veer Narmad South Gujarat University