Associate Manager - F&A

Manager Accounts Receivables Management

Job Purpose

overall accounts receivables management

• Debtors reconciliation

• Outstanding dues statement preparation

• Monitoring receipts accounting

• Bank reconciliation

• Service tax compliance

• MIS reporting and audit coordination

financial accuracy

Organisation Chart

Key Accountabilities & Performance Indicators

Interest on Delayed Payments

• Calculate interest recovery for delayed payments.
• Generate and ensure delivery of

  interest debit notes

  .
• Reconcile interest dues and address customer queries.

Key Performance Indicators:

• Interest debit note generation by

  15th of the subsequent month

  .
• Delivery of debit notes to customers

  within 4 days

  .
• Posting of debit notes in

  SAP within 2 days

  .
• Timely reconciliation and query resolution.
• Accurate interest reporting to

  commercial team

  .

Monitoring Receipt Accounting & Bank Reconciliation

• Oversee

  2500+ transactions monthly

  in

  INR and USD

  (total receipts exceeding INR

  5000 crores annually

  ).
• Ensure

  accuracy in receipts accounting

  , including date, amount, and customer details.
• Check and book

  forex fluctuations

  .

Key Performance Indicators:

• All cheques deposited

  on the next working day.

• Daily collection reports sent to management

  .
• Accurate

  receipt accounting within 2 days

  .
• Timely

  month-end income booking

  .
• Bank reconciliation completion for

  ICICI2685

  and clearing open items monthly.
• No

  open items exceeding three months

  .
• Follow-ups with commercial team for

  unidentified payments over six months

  .

• Regular clearing

  of open SAP items upon receipt of invoice-wise payment details.

Service Tax Compliance

• Reconcile service tax deposited

  with revenue for return filing.

• Reconcile service tax payable

  with outstanding debtors.

• Deposit service tax on advances

  monthly before SAP closure.

Key Performance Indicators:

• Timely

  half-yearly reconciliation

  for service tax return filing.

Audit Coordination

• Prepare and review

  debtors schedules, variance analysis, and bad debt provisions

  .
• Ensure

  compliance with revised Schedule VI

  .
• Secure

  management approval

  for bad debt provisions.
• Facilitate

  audit and query resolution

  .

Key Performance Indicators:

• Debtors schedule completed within 2 days

  after SAP closure.

• Timely provisioning of bad debts

  per company policy.

• Subsequent realization reports

  prepared quarterly.

• Audit schedules completed and queries addressed

  within defined timelines.

MIS & Reporting

• Provide

  MIS data on receivables

  to various departments.
• Prepare

  CEO review reports (GCM/BCM ATRs)

  .
• Generate and circulate

  Debtors Turnover Days report

  monthly.
• Report

  Electricity & Water dues

  status

  fortnightly

  .
• Provide

  Air India dues movement MIS

  monthly.

Key Performance Indicators:

• MIS reports delivered

  by the 10th of the month

  .

External Interactions

• Concessionaires & JV Partners

• Airlines

• Statutory, Revenue & CAG Auditors

Internal Interactions

• Commercial Department & Top Management

• SAP Team (Process Improvement)

• Management Assurance Group (Internal Audits)

• Compliance Team (Tax Regulations)

Financial Dimensions

• Managing

  total receipts exceeding INR 5000 crores annually

  .
• Overseeing

  more than 25,000 transactions per year

  .
• Handling

  average debtors of INR 600 crores

  monthly.

Other Dimensions

• Direct reports:

  3 staff members.

• Managing INR 800 crores in receivables

  .

Education Qualifications

• CA (Chartered Accountant)

• SAP Knowledge

• Proficiency in MS Office

Relevant Experience

• 5 years of relevant experience

  ,

  7 years total

  in financial operations.