W

Wabtec

Develops electric locomotives and digital solutions

Collection Specialist - Multiple Teams

Accounts Payable/ReceivablePosted on Nov 12
Full-timeJabalpur, Madhya Pradesh, IndiaNo salary listed

About the Job

Requirements

  • A graduate qualification in Engineering or Commerce is required.
  • A professional postgraduate qualification is optional.
  • Overall relevant experience of 8–10 years is required, including 7–8 years of payment-collection experience in the government sector.
  • Advanced business knowledge is required.
  • Advanced knowledge of statutory and legal compliance of contracts is required.
  • Advanced working knowledge of IREPS and IRWCMS is required.
  • Advanced communication and negotiation skills are required.
  • Basic people-management competency is required.
  • English, Hindi, and the local language are listed under languages.

Responsibilities

  • Drive TSG collection to meet monthly and yearly targets, reduce overdue amounts, and maintain the number of days outstanding.
  • Review and prepare the monthly collection plan in line with the budget, and ensure collections meet or exceed the plan.
  • Review overdue-payment status by line with headquarters and the region, and coordinate necessary actions to realize payments.
  • Visit customer locations directly or through the regional commercial team regarding overdue payments to ensure realization.
  • Review accounts receivable lines expected to become overdue during the current month and follow up to prevent them from becoming overdue.
  • Coordinate with the commercial team, obtain regular updates, and support requirements to achieve payment-realization targets within the number-of-days period and monthly target.
  • Reduce the number of days of outstanding payments for CS to fewer than 60 days.
  • Follow up and realize payments from private and Metro customers within 60 days, and resolve queries raised during payment processing.
  • Review execution against contract or purchase-order requirements and ensure commercial terms and conditions support timely payment realization.
  • Follow up on write-offs and adjustments for uncollectable amounts monthly, and ensure provisions for uncollectable amounts are made on time according to process.
  • Review earnest money deposit, security deposit, and bank guarantee status, and ensure they are collected back on the due date after order completion.
  • Review payment-realization actions with the sales and service teams.
  • Travel as needed to ensure activities are completed.
  • Perform other duties reasonably required by the company.

About the Company

Wabtec

Develops electric locomotives and digital solutions

Wabtec provides transportation solutions by designing and producing electric locomotives and related services for freight railroads, transit authorities, and industrial operators. Its flagship product, the FLXdrive, is a 100% battery-electric locomotive with a battery pack over 7 megawatt-hours that cuts fuel use and emissions, while the company also sells traditional locomotives, aftermarket services, and digital solutions to optimize operations. Wabtec differentiates itself through a fully electric propulsion option paired with value-added digital tools and manufacturing techniques like mixed-reality work processes, aiming to improve efficiency and sustainability across rail networks. The company’s goal is to make rail transport more efficient and eco-friendly by delivering reliable locomotives, ongoing maintenance, and advanced software and digital capabilities that help customers run greener, lower-cost operations.

Company size
10,001+
Company stage
IPO
Headquarters
Pittsburgh, PA
Founded
1872

Recently Posted Jobs

Explore more opportunities at Wabtec

See more jobs