AR Manager

As an Analyst, you will be part of a team responsible for performing tasks within the Order to Cash stream (Accounts Receivable & Collections), as well as your involvement in the Month End Closing process and some other specific accounting activities related to the stream.

The performance should meet the requirements defined in the SLA/KPI s

Client Set Up

• Performing the due diligence on new customers/suppliers, requesting the
• KYC information, documentation, review and verification of received documentation and making an analytical risk assessment for all counterparties
• Conduct credit checks
• Prepare Commercial Summary of the contract
• Invoicing
• Monitor processing of invoices on Clients based on information received from operations
• Ensuring compliance with contract
• Cash Allocation
• Booking and Allocation of payments received from clients.
• Assist with client reconciliation
• Ensure Credit Notes and Invoices are properly offset.
• Credit Control
• Following up with Clients for collecting money
• Ensuring excellent rapport & relationship with clients
• Preparing Summary of money collected and overdue accounts
• Identifying reasons/ block for non-payment of monies by clients
• Following up with relevant departments to resolve issues so that money can be collected from client
• Developing templates, policies, and procedures by each client for ensuring money from concerned clients are collected on timely basis
• Liaison with Lawyers when needed for Delinquent accounts
• AR Insurance
• Understand the coverage requirements for AR
• Knowledge Transfer - Transition of the activity to India for this function
• Manages the Insurance requirements, coverage, settlement and renewal process on an ongoing basis.
• Customer Service and Reconciliation
• Liaise with Operations to resolve any queries raised by Clients
• Responding to inquiries from operations / clients and resolve issues.
• Perform AR reconciliations.
• Month End
• Assist with AR sub-ledger close process and other Month End activities (Bad debt provision, Unbilled Revenue, WIP)
• Ensure monthly checklists are completed by the month end and signed off by Senior Accountant
• Prepare monthly, quarterly, annual and ad- hoc forecasting reports
• CA with 5-7 years of experience in Managing Order to Cash Process. Working with BPO companies will be added advantage
• Experience in a O2C Process
• Strong communication skills
• Experience of operating within a finance shared service environment
• Enthusiastic, self-motivated, adaptable, and flexible
• Ability to perform under pressure
• Problem-solvingskills