Assistant Manager /Manager - Account Receivables

10 - 14 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Accounts Receivable Management professional, you will be responsible for overseeing the month-end and quarter-end revenue and close process activities. Your role will involve supervising the accounts receivable team to ensure efficient collection processes are in place. You will be tasked with developing and implementing strategies to optimize cash flow and reduce DSO (Days Sales Outstanding). Monitoring aging reports and proactively addressing overdue accounts will be a key aspect of your responsibilities. Additionally, you will scrutinize customer accounts with pending items and ensure their timely clearance. Your role will also involve analyzing and reconciling gross-to-net calculations to maintain accuracy in revenue reporting. Collaboration with various business partners such as the pricing team, sales, FP&A, and others will be essential. You will also have control over unapplied credits and ensure reconciliation with customer open items. In terms of reporting and analysis, you will prepare regular reports on receivables aging, cash flow forecasts, and other key performance indicators. Analyzing trends and variances in receivable aging to recommend improvements will be part of your duties. You will also identify and implement process improvements to enhance accuracy and efficiency. Identifying opportunities to streamline processes and improve efficiency in the accounts receivable function will be crucial. Collaboration with other departments to enhance overall business operations will also be expected. Qualifications: - A Master's degree in finance, Accounting, or a related field; CPA or equivalent certification is a plus. - A minimum of 10 years of experience in accounts receivable, preferably with a focus on US business. - Experience in the Pharmaceutical Industry is a mandatory requirement for this role.,

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