Business Finance Specialist

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Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Industrial
The Role

ZEISS in India

ZEISS in India is headquartered in Bengaluru and present in the fields of Industrial Quality Solutions, Research Microscopy Solutions, Medical Technology, Vision Care and Sports & Cine Optics.

ZEISS India has 3 production facilities, R&D center, Global IT services and about 40 Sales & Service offices in almost all Tier I and Tier II cities in India. With 2200+ employees and continued investments over 25 years in India, ZEISS’ success story in India is continuing at a rapid pace. 

Further information at ZEISS India.

Analyze the accounts receivables, keep cash needs, adjust cash flow, and control entrances. Use appropriately the payment of commitments of customers in deadlines. Perform the daily cash closing and send all documentation to the accounting service. Follow the history and timeliness of customers in the company and the market by exchanging commercial information, communicating immediately the incidence of negative occurrences and credit rehabilitation, targeting positive accounts receivable which offer the lowest risk possible, and preventing delays in payments.
Plausibility check of contracts, deferred payments, direct debiting scheme. Issues payment confirmation and list of open positions. Responsible for cashflow optimization through running effective dunning processing. Initiates legal dunning proceedings. Support sales function with insights on credit control information of customers.
Coordination and execution of global claims management for a defined area of a strategic business. Follow-up on open claims in coordination with the sales- and service organization. Propose improvements for an effective claims management. Define and implement appropriate performance indicators.
Approve dunning blocks, provide clearance for dunning proceedings and approve extensions for terms of payment. 
Support the development of a reporting structure on claims management.
Train and consult the business on claims management processes.
The role requires a university education (bachelor’s degree) and a professional experience of 1-2 years. This role covers 3 tiers. This job profile represents tier 1 of 3.

Analyze the accounts receivables, keep cash needs, adjust cash flow, and control entrances. Use appropriately the payment of commitments of customers in deadlines. Perform the daily cash closing and send all documentation to the accounting service. Follow the history and timeliness of customers in the company and the market by exchanging commercial information, communicating immediately the incidence of negative occurrences and credit rehabilitation, targeting positive accounts receivable which offer the lowest risk possible, and preventing delays in payments.
Plausibility check of contracts, deferred payments, direct debiting scheme. Issues payment confirmation and list of open positions. Responsible for cashflow optimization through running effective dunning processing. Initiates legal dunning proceedings. Support sales function with insights on credit control information of customers.
Coordination and execution of global claims management for a defined area of a strategic business. Follow-up on open claims in coordination with the sales- and service organization. Propose improvements for an effective claims management. Define and implement appropriate performance indicators.
Approve dunning blocks, provide clearance for dunning proceedings and approve extensions for terms of payment. 
Support the development of a reporting structure on claims management.
Train and consult the business on claims management processes.
The role requires a university education (bachelor’s degree) and a professional experience of 1-2 years. This role covers 3 tiers. This job profile represents tier 1 of 3.

Your ZEISS Recruiting Team:

Manoj Badaik

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The Company
HQ: Oberkochen
20,567 Employees

What We Do

ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. In the previous fiscal year, the ZEISS Group generated annual revenue totaling 10 billion euros in its four segments Semiconductor Manufacturing Technology, Industrial Quality & Research, Medical Technology and Consumer Markets (status: 30 September 2023). With around 43,000 employees, ZEISS is active globally in almost 50 countries with around 30 production sites, 60 sales and service companies and 27 research and development facilities (status: 30 September 2023). Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. The Carl Zeiss Foundation, one of the largest foundations in Germany committed to the promotion of science, is the sole owner of the holding company, Carl Zeiss AG. Data privacy: www.zeiss.com/data-protection Imprint: http://zeiss.com/publisher This is ZEISS's official LinkedIn account. It follows the ZEISS Netiquette: www.zeiss.com/netiquette

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