Assistant Manager - Account Receivables

remote typeOn-sitelocationsBengaluru, KAtime typeFull timeposted onPosted 3 Days Agojob requisition idREQ407848Responsibilities:
AR Operations and Processes:

Manage and oversee day-to-day operations of the accounts receivable department.

Implement and improve AR procedures, and best practices to streamline processes and improve efficiency.

Monitor and enforce compliance with appropriate accounting principles, regulations, and internal controls.

Review and reconcile customer accounts, ensuring accuracy and timely resolution of discrepancies.

Maintain accurate records of customer transactions and communication.

Billing and Invoicing:

Supervise the billing function, ensuring accurate and timely invoicing to customers.

Coordinate with cross-functional teams (Operations, Intercompany etc.) to ensure the proper documentation and approval of invoicing.

Address customer inquiries and escalations related to billing and invoicing.

Cash Flow Management:
Monitor and analyse accounts receivable aging reports to identify potential issues and proactively manage collections.Develop and implement strategies to reduce outstanding receivables and improve cash flow.Establish and maintain relationships with customers to promote timely payment.Reporting and Analysis:
Prepare and present daily/weekly/monthly/quarterly reports on AR metrics, aging analysis, and collection activities to senior management.Conduct analysis to identify trends, highlight areas of improvement, and provide actionable recommendations.Requirements:

Chartered Accountancy, Masters in finance, accounting, or a related field.

Proven work experience in AR role

Strong knowledge of accounting principles, financial processes, and best practices.

Proficient in using accounting software and ERP systems. Knowledge of Peoplesoft is a plus.

Excellent analytical and problem-solving skills.

Ability to communicate effectively and build strong relationships with internal and external stakeholders.

Exceptional organizational and time management skills.

Location
On-site Bengaluru, KAScheduled Weekly Hours:
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