Assistant Manager - Accounts (Receivable)

Work Location : Baner, Pune (Corporate Office)

Role & responsibilities

Accounting

• Process, verify and post the customer receipt with knocking off the open transaction.
• Coordinate with marketing & plant sales team to get the appropriate input from in transit to get inward at customer end so that can take the necessary action for payment from customer.
• Get the necessary approval on customer credit/ debit notes for further booking purpose
• Invoice line-item wise receivable knock off on FIFO basis by coordinating with various level of marketing and warehouse administrators.
• Monitor sales in transit along with RMC working and accounting.
• Monitor the advances and clearing in timely manner.

Controlling and Monitoring:

• Prepare and ensue periodical circulation of AR ageing report plant wise, BU wise and company level.
• Conduct the review meeting with marketing, plant sales team, accounts, on ageing report
• Escalate to management of overdue invoices as per the SOP
• Maintain the status of all overdue invoices until same are realized and along with escalation.
• Present analytical report showing AR Day for ROCE target Vs. actual to CFO & CEO.
• Track interplant vendor-customer transaction for monthly clearing purpose
• Monitor the domestic / overseas warehouse inventory.
• Keep the control & accounting of customer tooling advances appropriately in line with defined SOP.
• Ensure accounting & monitoring of yearly customer give back provision, royalty working, sales & GIT working.
• Provide projected cash flow to treasury team for cash flow working capital.

Reconciliation

• Ensure the Interplant, intercompany on monthly basis
• Third party customer reconciliation are reconciled based on need basis
• To do the monthly sales reconciliation with sales register

Audit & Compliance

• Ensue sales reconciliation with sales register as per trial balance.
• Direct remuneration calculation and accounting of all plant as per BR
• Statutory audit compliance TDS, TCS, GST for accounts receivable
• Control and track CHA bill accounting in alignment with import consignment

5. Resolve all the queries related to sales & sundry debtors for statutory audits

Preferred candidate profile

6+ years of experience in Accounts Receivable, in manufacturing industries

Perks and benefits

5 day work week

Flexible Working hours