Accounts Receivable Specialist

Role:

Experience:

Work location-

Work Timings-

About Neemans

Neeman’s is at the forefront of blending comfort, sustainability, technology, and design in the footwear space. We aim to create products that elevate our customers' everyday experiences and lifestyle. The ideal candidate is proactive, collaborative, with excellent communication skills, a keen attention to detail, and a strong sense of ownership in delivering high-quality work.

Website- www.neemans.com

What You’ll Do

• Accounts Receivable – Retail (Store Sales)

• Reconcile all collections and follow up with stores/customers/banks for outstanding amounts.
• Coordinate with banks for CMS activation, cash pickup services, POS (Plutus MID/TID) issuance, chargeback cases, and deactivation for closed stores.
• Map Sales POS vs. ERP vs. Inventory Trial to ensure sales accuracy.
• Reconcile POS sale vs. ERP sale across all media (Cash, Card, Paytm, etc.).
• Prepare shortage/excess reports tender-wise and follow up with stores/DMs for resolution.
• Liaise with Paytm, PhonePe, and Mobikwik for QR code activation and payment media setup.
• Track new store openings/closures with the Planning Team.
• Maintain schedules for all receivable accounts (Cash, Card, Paytm, Coupon, etc.).

• Accounts Receivable – E-commerce Marketplaces

• Monitor and track payments and settlements across all marketplaces.
• Reconcile marketplace settlement reports with internal sales and ERP records.
• Identify short payments, deductions, returns, and discrepancies.
• Maintain detailed MIS reports for receivables, settlements, commissions, and returns.
• Prepare Aging Reports and highlight overdue receivables.
• Investigate and resolve discrepancies, raise claims for missing or short payments, and follow up for resolution.

• Accounts Receivable – Franchisee Business

• a. Franchisee Billing & Receivables
• Manage receivables for franchise fees, stock supplies, deposits, and marketing contributions.
• Generate and issue invoices, credit/debit notes as per agreements.
• Record payments, reconcile balances, and maintain ledgers.
• b. ERP & Commercial Setup
• Create and maintain franchisee master data (codes, pricing, margin structures, discounts, etc.) in ERP.
• Configure and verify MRP, NOT, NSV, and margin structures.
• Coordinate with Sales and Pricing Teams for revisions and promotions.
• Ensure GST/TDS compliance in all transactions.
• c. Margin & Pricing Control
• Validate margin structures, discounts, and schemes.
• Analyze NSV and gross margin reports for accuracy.
• Support new product setup and ensure correct commercial parameters in ERP.
• d. Stock Deposit & Fee Management
• Track stock/security deposits, maintain ledgers, and process refunds/adjustments.
• Manage franchisee fees, renewals, and marketing fund collections as per contracts.

• Accounts Receivable – SOR (Sale or Return) Business

• Track and book secondary sales and ensure timely payment realization.
• Conduct periodic stock audits to validate sales and returns.
• Reconcile SOR accounts (invoices, payments, claims, returns) periodically.
• Prepare AR aging, collection status, and outstanding reports.
• Coordinate with auditors for SOR-related documentation.
• Liaise with Sales, Supply Chain, and Commercial teams to resolve billing or pricing issues.
• Recommend process improvements and support automation in ERP for reconciliation and reporting.
• Drive initiatives to reduce DSO and improve collection efficiency.

Must Haves

• Education: B.Com / M.Com / MBA (Finance) or equivalent.
• Experience: 2–6 years in Accounts Receivable / Commercial Finance, preferably across both B2B and B2C environments.
• Exposure to Retail, FMCG, Franchise, or E-commerce industry preferred.
• Strong understanding of Accounts Receivable, Reconciliation, and Commercial Accounting.
• Working knowledge of Retail, E-commerce, Franchisee, and SOR business models.
• Proficiency in MS Excel (Pivot Tables, VLOOKUP, MIS preparation) and ERP systems (SAP, Oracle, Tally, Microsoft Dynamics, Zoho, etc.).
• Commercial acumen with understanding of MRP, PTR, NSV, Margin, and Pricing logic.

Performance Indicators (KPIs):

• Timely collection and reduction in DSO (Days Sales Outstanding).
• Accuracy in reconciliation, billing, and ERP postings.
• Resolution of payment disputes and claims within defined timelines.
• Compliance with company credit policy and audit standards.
• Accuracy and timeliness of MIS and AR reports.