About Klub
We are India’s largest revenue based financing fintech. Revenue based financing is revolutionary: instead of paying fixed EMIs to banks or diluting equity to VCs, businesses can now raise capital from Klub and pay simply as a percentage of their revenues.!
We raised $2 mn at an idea-stage in December 2019 from Sequoia Capital’s Surge program, and marquee investors like Naveen Tewari (InMobi Group), Kunal Shah (CRED), Shradha Sharma (YourStory) and many more.
270+ investments made; portfolio companies include loved brands like Bewakoof, Third Wave Coffee, The Man Company, 9stacks, Mamagoto, Eat.Fit, SMOOR.
Raised $20 mn in August 2021 from GMO (Japan), Alter Global (USA) and others and Launched a $30 mn fund in December 2021
About the Role
- We are looking for a person to monitor staff and oversee the procedures to reduce the amount of unpaid money.
- You will also be responsible for negotiating extensions, strategizing – hard collection, recovery & legal mechanism.
- To be a successful collections – Senior Associate you should be analytical and have great report writing skills.
- Ultimately, a top-notch collections – Senior Associate should have extensive knowledge of collection laws, and continuously find ways to improve debt recovery.
Responsibilities
- Setting payment collection goals and targets for the department
- Creating and implementing a strategy to improve the collection of outstanding credit
- Implementing collection policies and procedures to avoid excessive outstanding credit
- Ensuring that the company policy on recoveries is followed and that it is in line with state and federal regulations
- Implementing deadlines for invoicing and payment collection
- Negotiating with customers in cases when non-payment occurs
- Preparing monthly feedback reports on payment collections
- Remaining informed of any legislative procedural training regarding debt collection
- Training and mentoring of staff members in the collections department
Requirements
- Bachelor’s degree in finance, accounting, or a related field
- 3-6 years experience as a collections manager/debt recovery
- Experience with accounting softwares, General Ledger, and advanced knowledge of MS Excel
- The ability to work accurately and independently
- Good verbal and written communication skills
- Excellent analytical skills and an eye for detail
- Outstanding leadership and managerial skills
- Strong time and people management skills
- Ability to work to strict deadlines
Our Team
We are a 90 member team based out of Bangalore. Our founders are Anurakt Jain (VC at DFJ and Vertex, corporate intrapreneur at InMobi; IIT-D, Wharton, CFA) & Ishita Verma (i-banking/investing veteran at Kotak, Unitus Capital, Snyder UAE; LSR, IIM-B).
What You Should Expect
- Incredible professional growth: Our best performers had 3+ promotions/charter expansions in 2 yrs
- International exposure: Yes, you read it right. Klub’s going global and you will have a front row seat
- Salary: Market benchmarked compensation
- ESOPs: Get skin in the game, grow with the company!
- Generous paid time off: For days you wake up with sniffles and days when you need to unwind
- Healthcare benefits: Insurance coverage for self, spouse and kids
- Upskilling: Learning budgets and learning programs
- Fun: Our team likes football matches , board games, frequent team lunches , and partying hard
- Diversity: We do not discriminate on the basis of race, religion, gender, sexual orientation, gender etc.
About The Application Process
- 3 rounds of video or in-person interviews to assess role fit, general aptitude, and cultural fitment
- Craftsmanship assignments or case studies (for select roles)
Important Links
Official Notification and Application | Click Here |
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For any queries, email | careers@klubworks.com |
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