Rutuja Chandrakant Khawale
Mumbai
Summary
Experienced account receivable specialist with 20+ years in managing collections of $1.5 million monthly. Successfully reduced DSO by 15 days and achieved a 90% collection efficiency. Expertise in Tally, SAP FICO, and Excel, with a focus on resolving disputes and reconciling accounts. Notable for improving cash flow and minimizing bad debt.
Overview
22
22
years of professional experience
Work History
Senior Executive – Credit Control
General Instruments Consortium
10.2025 - Current
- Managed portfolio of 50+ clients from UAE, Saudi Arabia, Kuwait, Oman, Spain, Italy, Russia & Germany with Monthly billing of $3 Lakhs, achieving 70-80% on time collection rate
- Reduced average days' sales outstanding from 60 to 45 days by implementing proactive follow-up process, enhancing cash flow.
- Coordinated with sales and legal teams to resolve billing disputes, recovering USD 2L in previously disputed invoices and improving client relationships.
- Prepared and analyzed weekly ageing reports, escalating overdue accounts above USD 1L to management for timely intervention.
- Ensured timely post-material dispatch documentation to facilitate payment collection.
- Duty Drawback reconciliation, Bank Realisation Certificate generation on DGFT portal, RodTEP scrips preparation, and negotiated with agents to get the best-selling price for scrips
- Coordinating with clients and banks for a bank guarantee.
Executive- Credit Control
Electronics Devices Worldwide India Pvt Ltd
01.2024 - 02.2025
- Managed portfolio of 200+ clients from PAN India with monthly billing of INR 2 Crores, achieving 90% on time collection rate
- Reduced average days sales outstanding from 45 to 30 days through strong follow-up process
- Prepared ageing report and MIS to analyze payment trends and implement strategies for faster payment recovery.
- Coordinated with sales and service departments to resolve disputed cases promptly, facilitating timely payment release.
- Executed cash application entries, cheque deposits, and bank reconciliation to maintain accurate financial records.
- Ensured accurate computation of GST and TDS to meet regulatory requirements
- Performed internal audit processes to identify areas for improvement
- Coordination with Bank & clients to issue bank guarantee
Free lancer – Auditor
03.2019 - 12.2023
- Collaborated with auditor Mr. Parshuram Patil on audit projects for small-scale industries in Palghar, Vasai, Virar, Vapi & Ahmedabad
- Conducted monthly client visits for GST and TDS return preparation
- Performed internal audits to identify risks and enhance processes
Senior Executive-Credit Control
First Advantage India Pvt Ltd
09.2022 - 04.2023
- Engaged with 50+ UK clients, contributing to achievement of monthly target of GBP 1 lakh
- Conducted proactive follow-ups on team meetings, calls, and emails to ensure alignment
- Performed VAT reconciliation to maintain accurate financial records.
- MIS reports, weekly meetings with Sales team to resolve disputes for overdue invoices.
- Coordinated third-party payroll contracts to ensure timely and accurate payments.
Senior Executive-Data Management/ Credit Control
Avana Logistek India Pvt Ltd
07.2021 - 05.2022
- Managed portfolio of 300+ clients from PAN India as well as Malaysia, China, Hong Kong, Singapore, Middle East countries.
- Managed client data to facilitate consignments and ensure timely collection follow-ups.
- Compiled and submitted daily collection reports on portal to headquarters in Dubai.
- Coordinated with billing and documentation teams to ensure timely completion of daily invoicing.
Senior Executive – Accounts
Writer Safeguard India Pvt Ltd & Writer Business India Pvt Ltd
01.2013 - 02.2019
- Handled bank transactions for over 150 clients, with 80% focused on receivables and 20% on cash applications.
- DCR preparation and submission to the management
- Service Tax/GST/TDS computation and co-ordination with TAX team, 26 AS reconciliation
- Coordinated invoicing and collaborated with audit and insurance teams to resolve disputed theft or redemption cases.
- Performed internal audits to identify areas for improvement.
- Managed vendor processes to ensure adherence to quality standards and compliance requirements.
Office-Accounts
NUCSOFT Ltd
10.2004 - 12.2012
- Managed invoicing and followed up on payments with clients across PAN India
- Executed tax computation and filing, addressing tax scrutiny inquiries
- Salary process, Staff LTA & Mediclaim reimbursement
- Coordinated with vendors to streamline procurement processes, improving operational efficiency
Education
B.COM - Accounting & Finance
Mumbai University
Mumbai, Maharashtra01-2004
Skills
- Credit control and risk management
- Invoicing and collections
- Cash flow optimization
- Excel functions
- Invoicing solutions
- Credit control
- Goods and services tax (GST)
- SAP FICO
- TDS management
- GST compliance
- Excel (VLOOKUP, Pivot tables)
- Client management
- Dispute resolution
- Client relationship management
- Cash flow management
Languages
English
Advanced (C1)
C1
Marathi
Native
Native
Hindi
Proficient (C2)
C2
Timeline
Senior Executive – Credit Control
General Instruments Consortium
10.2025 - Current
Executive- Credit Control
Electronics Devices Worldwide India Pvt Ltd
01.2024 - 02.2025
Senior Executive-Credit Control
First Advantage India Pvt Ltd
09.2022 - 04.2023
Senior Executive-Data Management/ Credit Control
Avana Logistek India Pvt Ltd
07.2021 - 05.2022
Free lancer – Auditor
03.2019 - 12.2023
Senior Executive – Accounts
Writer Safeguard India Pvt Ltd & Writer Business India Pvt Ltd
01.2013 - 02.2019
Office-Accounts
NUCSOFT Ltd
10.2004 - 12.2012
B.COM - Accounting & Finance
Mumbai University