Business Head - Collections | Scrabble
Job Description
What’s our purpose & mission?<br /> Our purpose is to bring technology to businesses in simple & meaningful ways to make Business On<br /> the Go.<br /> What is Bizongo’s business?<br /> Bizongo is a B2B e-commerce platform that enables embedded supply chain financing and integrated<br /> raw material sourcing for businesses. Combining tech and data, Bizongo's mission is to build simple<br /> and meaningful technology solutions for SMEs and MSMEs of India so that they can trade & transact<br /> digitally with other businesses on the go.<br /> Bizongo services more than 500 enterprise customers across consumer staples, consumer<br /> discretionary, pharma, capital goods, retail, and e-commerce industries. It has a network of 8500+<br /> partner manufacturers who improve their cash flow by leveraging Bizongo’s fully embedded supply<br /> chain financing solutions with 30+ financial institutions. These manufacturers also enhance their<br /> profit margin by directly sourcing raw materials from large OEMs on Bizongo’s integrated raw material<br /> platform.<br /> Our culture & belief system<br /> CULT - Collaboration, Upscaling, Leadership, and Transparency<br /> Collaboration - Challenge directly and care personally to build TRUST<br /> Upscaling - Be hungry to learn and solve problems to drive IMPACT at scale<br /> Leadership - Drive clarity with WHY and nurture talent to make 1+1>11<br /> Transparency - Live & breathe radical candor to build high trust, HIGH-PERFORMING teams<br /> What is our Motto<br /> Challenge directly and care personally to bring the best out of each other, as we build a high trust<br /> high-performing organization<br /> What will you do as Business Head ?<br /> Strategy & Planning<br />
- Develop and execute a comprehensive Business & Collections strategy that aligns with the<br /> company's financial goals and business complexities.<br />
- Design & Implement robust credit risk assessment frameworks to evaluate the creditworthiness of<br /> clients and adjust terms accordingly<br />
- Leverage technology to enhance collections efficiency, including the use of automated systems for<br /> tracking, reporting, and communication<br />
- Design and implement frameworks to build predictability and visibility<br /> Leading Execution<br />
- Lead the Cash flow management process, including budgeting, forecasting, and financial analysis to<br /> optimize business performance<br /> 2.Design, monitor and evaluate key performance indicators (KPIs) related to profitability & Cash flow<br /> and take corrective actions as needed<br /> 3.Develop and implement collection strategies to ensure 100% collection month on month, reducing<br /> outstanding receivables.<br />
- Conduct regular reviews and reporting to senior management, providing insights and<br /> recommendations for business growth and efficiency<br /> Manage strategic relationships & key stakeholders<br />
- Collaborate with cross-functional teams - sales, marketing, operations, and finance, to align<br /> strategies and drive business results.<br />
- Collaborate with financial controller and compliance head to understand and drive high degree of<br /> compliant business and mitigate risk<br />
- Manage relationships with key stakeholders, including customers, suppliers, and financial<br /> institutions, underwriters to support business growth and operational excellence.<br />
- Drive a growth culture within the team, fostering innovation, collaboration, and continuous<br /> improvement.<br /> What will you need?<br /> 1.Master's degree/ MBA, Business Administration, or related field<br /> 2.Strong understanding of financial statements, budgeting, forecasting, and financial modeling<br /> 3.Proven track record of at least 12-13 years in Cash flow management, financial analysis, and driving<br /> business growth<br /> 4.Strategic thinker with a results-driven approach and ability to translate strategies into actionable<br /> plans<br /> 5.Analytical mindset with the ability to interpret data, identify trends, and make data-driven<br /> decisions.<br /> 6.Leadership and team management skills, with the ability to inspire and motivate teams towards<br /> common goals.