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Accounts Receivable (AR) professional

3 - 5 years

5 - 10 Lacs

Posted:3 months ago| Platform: Naukri logo

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Full Time

Job Description

Job Summary: The Accounts Receivable (AR) professional will be responsible for the financial management of receivables, ensuring timely collections, reconciliations, and reporting. The role focuses on optimizing cash flow, reducing outstanding dues, and ensuring financial controls in line with company policies and regulatory requirements. Key Responsibilities: Financial Management & Reporting: •Oversee the entire accounts receivable process, ensuring timely invoicing, collections, and reconciliations. •Prepare and monitor AR aging reports, highlighting overdue accounts and potential risks. •Analyze collection trends, forecast cash inflows, and support cash flow planning. •Ensure proper revenue recognition in accordance with accounting standards and company policies. •Reconcile AR balances with general ledger and financial statements. •Work closely with auditors to provide required AR-related reports and documentation. Collections & Credit Control: •Monitor outstanding receivables and implement strategies for improving collection efficiency. •Coordinate with insurance companies, TPAs, corporate clients, and government health schemes for timely payments. •Set up credit control policies, evaluate creditworthiness, and minimize bad debts. •Establish and enforce collection policies to improve the DSO (Days Sales Outstanding). Stakeholder Coordination & Compliance: •Collaborate with hospital finance teams, revenue cycle management, and billing teams to resolve AR-related issues. •Ensure compliance with financial regulations, taxation laws (GST, TDS, etc.), and internal policies. •Assist in automating and streamlining the AR process using ERP and financial systems. •Handle escalations related to disputes, payment delays, and write-offs.

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Aster DM Healthcare

Healthcare

Ernakulam

20,000+ Employees

168 Jobs

    Key People

  • Dr. Aziz K. Al-Harbi

    Managing Director
  • Rohit Kumar

    Chief Executive Officer

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