Mohit Sharma
Credit Control Manager- Asia
Summary
Accomplished Credit Control Manager with a proven track record in managing debt levels and unallocated cash within service level agreements. Expertise in driving process improvements and collaboration across underwriting, operations, and finance teams. Known for establishing and maintaining key relationships to reduce debt and enhance cash allocation. Demonstrated success in implementing immediate action plans for debt reduction, overseeing credit control processes, and ensuring adherence to KPIs. Proficient in data analysis, reporting, and fostering cross-team communication for optimal financial outcomes. Currently based in Singapore, overseeing Credit Control in Asia.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
Work History
Credit Control Manager - Asia
Liberty Specialty Markets (Asia Pacific)
6 2023 - Current
- Strategic Debt Management: Led Asia-wide debt strategies, maintaining levels within Service Level agreements and optimizing cash allocation
- Cross-Functional Collaboration: Drove process improvements and owned end-to-end debt processes with teams across Underwriting, Operations, and Finance
- Efficiency and Oversight: Managed teams for allocation, improved processes, and oversaw unallocated cash, ensuring debt remained within thresholds
- Stakeholder Engagement: Conducted regular meetings with Brokers and internal teams to address payment performance and resolve outstanding issues
- Analytics and Reporting: Co-owned reporting, data, and analytics, collaborating with Finance Transformation for improvements.
Team Lead
AXA XL
01.2022 - 06.2023
- Led a team of credit controllers in performing debt collection efforts for a portfolio of commercial clients across different product lines
- Implemented new processes and procedures to improve collection rates and reduce financial risks
- Negotiated payment plans with clients/brokers to resolve outstanding debts and maintain positive relationships
- Provided training and mentoring to team members to improve their skills and performance
- Collaborated with underwriting teams to resolve disputes and ensure customer satisfaction
- Utilized data analysis and reporting to identify trends and make informed decisions
- Issuing Notice of Cancellations for unpaid premiums.
Credit Controller
AXA XL
06.2019 - 01.2022
- Managed a portfolio of commercial clients, performing debt collection efforts and reducing financial risks
- Negotiated payment plans and resolved disputes to maintain positive relationships with different stakeholders
- Provided training and guidance to junior/new team members to improve their performance
- Designing various status & progress reports to provide trends to the management for better decision making.
Senior Analyst
AXA XL
04.2018 - 05.2019
- Performed account reconciliations
- Management of cash receivables and payables
- Proactive debt collection and communication with brokers
- Monitoring bad debts.
Process Specialist
XL Catlin
06.2016 - 03.2018
- Management of Cash receivables
- Account reconciliations
- Review of unallocated cash with various departments
- Transition of Credit Control processes
Intern
Punjab National Bank
05.2015 - 06.2015
- Appraisal and Processing of Credit Proposals
- Credit Risk rating (other than retail loans)
- Analysis on Financial statements
- Calculation of Break Even Point, Debt Equity Ratio, Debt Service Coverage Ratio, Interest Service Coverage Ratio, Internal Rate of Return
- Drawn down schedule & repayment schedule
- Post sanction monitoring and follow up
Education
Bachelor of Commerce (B.Com) - Accounting And Finance
Delhi University
Delhi, India 07.2011 - 05.2014
Master of Business Administration - MBA - Financial Management
Bharati Vidyapeeth
Delhi, India 06.2014 - 05.2016
Skills
Data Analysis & Reporting
Data Analysis & Reporting
Timeline
Team Lead
AXA XL
01.2022 - 06.2023
Credit Controller
AXA XL
06.2019 - 01.2022
Senior Analyst
AXA XL
04.2018 - 05.2019
Process Specialist
XL Catlin
06.2016 - 03.2018
Intern
Punjab National Bank
05.2015 - 06.2015
Master of Business Administration - MBA - Financial Management
Bharati Vidyapeeth
06.2014 - 05.2016
Bachelor of Commerce (B.Com) - Accounting And Finance
Delhi University
07.2011 - 05.2014
Credit Control Manager - Asia
Liberty Specialty Markets (Asia Pacific)
6 2023 - Current