Senior Manager – AR and AP || CA || B2B || 3-8 years || CTC upto 34 Lakhs

Looking for a Senior Manager – AR and AP, having hands on experience in AR process, Automation, Reconciliation, Contract management.

Key responsibilities

Heading Day to Day operations for AR and AP

• Oversee the day-to-day operations of the accounts payable department and B2C revenue and AR,

including vendor payments, Collections and reconciliation activities. Also doing cash to revenue

reconciliation and cash to expense/payable reconciliation on monthly basis.

• Owning the complete end to end AR/O2C Process.

• Build and maintain strong relationships with customers, addressing any billing or payment concerns

promptly professionally. Collaborate with sales and customer service teams to resolve customer

disputes and issues.

• Supervise and mentor a team of accounts receivable clerks or specialists, providing guidance, training,

and performance evaluations. Delegate tasks, set targets, and ensure the team's adherence to

departmental goals objectives.

• Continuously review and improve accounts receivable processes, systems, and procedures to enhance

efficient, accuracy. Implement automation tools or software solutions to streamline workflows and

reduce manual efforts.

Analysis - Revenue and AR

• Implement and enforce effective credit and collections policies to ensure timely payment from

customers. Monitor and track overdue accounts, follow up with customers, and negotiate payment

plans or settlements when necessary.

• Monitor cash flow by analyzing accounts receivable aging reports, identifying potential risks, and

developing strategies to minimize bad debt and maximize cash collections.

• Identify any potential revenue leakage, margin monitoring etc and implement the process to bridge the gaps.

Reporting KPIs

Prepare and analyze accounts receivable reports, metrics, and KPIs for management and financial

reporting purposes. Provide insights and recommendations based on the analysis to support

decision-making.

• Publishing various dashboards for Management including but not limited to (ageing report, old

provisioning, revenue, growth, cash flows, etc).

• Ensure compliance with relevant accounting standards, regulations, and internal control policies

related to Accounts receivable and credit management.

• Suggesting accounting of new business transactions in line with applicable accounting standards.

• Liasioning with Big 4 Auditors on timely closure of Audits for Revenue, AR & Collections

• Preparing the monthly MIS after closing books of account on timely basis.

• Preparing quarterly and yearly financials as per Ind-AS. Will also be involved in quarterly Limited

Reviews. Manage IPO process.

• Driving automation for revenue and receipts transactions with coordination with Business Team

and Tech Team based on Finance requirements.

• Responsible for monthly balance sheet schedules including GL to Sub-GL reconciliation with ageing etc.

Requirement

• CA with 4-8 years of work experience in the Travel Industry / B2B setup.

• Candidates with Big4 experience will be preferred.

• Experience in IFRS/Ind-AS is a must.

• Strong analytical skills and a data-driven decision-making mentality