Team Lead - Accounts Receivable

50 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We Are?

We are EnerMech, a specialist service company that delivers safe, integrated solutions for complex energy projects.

For over 50 years, we've been energizing our clients across the world with unrivalled expertise, equipment, and technology that supports the entire asset life-cycle offshore and on land.

We enable progress through our three global business lines: Energy Solutions, Infrastructure & Industrial Solutions, and Lifting Solutions.

Within these areas, we offer a wide range of services, including cranes, lifting, fluid power, training, equipment rental, pipeline and subsea, process, and valves all designed to help our clients optimize performance, enhance reliability, and improve efficiency.

With a focus on operational excellence, we deliver value through our customized integrated solutions. This approach reduces risk and enhances efficiencies making us a leading and trusted partner every step of the way.

The Role

The Accounts Receivable Team Lead will oversee the accounts receivable operations within the Shared Service Centre (SSC). Working back shift, this role is responsible for managing the team, ensuring timely and accurate invoicing, collections, and cash application processes (if required). The Team Lead will develop strategies to optimize the accounts receivable function, maintain strong relationships with clients, and ensure compliance with EnerMech's financial regulations and compliance requirements. They will liaise with all global entities for sales invoicing and providing meaningful data/analysis to drive down the DSO.

Responsibilities

  • Team Management: Lead and manage the accounts receivable team, setting clear objectives and performance metrics. Provide coaching, mentoring, and professional development opportunities to team members
  • Invoicing and Collections: Oversee the invoicing process to ensure accuracy and compliance with relevant contracts and purchase orders. Develop and implement effective collection strategies to minimize overdue accounts and delinquencies
  • Cash Application: Ensure timely and accurate application of cash receipts to customer accounts. Monitor and reconcile accounts to maintain up-to-date records
  • Client Relationships: Maintain strong relationships with clients to ensure timely payments and resolve any billing discrepancies. Act as a point of escalation for complex issues
  • Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the accounts receivable function. Utilize technology and automation to streamline operations
  • Reporting and Analysis: Prepare and analyse accounts receivable reports, including aging reports and AR accruals. Provide insights and recommendations to senior management based on data analysis. Monitoring and action from KPIs
  • Compliance: Ensure compliance with financial regulations and EnerMechs internal controls. Conduct regular audits to maintain the integrity of financial reporting
  • Collaboration: Work closely with cross-functional teams, including Sales, Operations and Finance, to support overall business objectives and improve the order to cash cycle management

The Requirements

Qualifications:

  • Degree qualified in Business Administration or Finance discipline
  • Advanced Accounting or Financial qualifications (preferred)

Experience & Competence:

  • Strong Leadership experience
  • Commercial administration experience
  • Previous invoicing experience
  • Previous experience reviewing contract/PO details
  • Experience with using ERPs for AR activities
  • Prior knowledge of MS ERPs would be beneficial (preferred)

Skills & Knowledge:

  • Candidates shall have good communication skills and have self-confidence

Personal Qualities:

  • Ability to deal with all levels of personnel in the organization in a professional manner
  • Strong people management skills
  • Confident presenter
  • Problem solver
  • Inclusive and collaborative approach

Diversity & Inclusion

EnerMech is dedicated to fostering a diverse and inclusive organisation. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities. You will have good organisational and time management skills with the ability to meet deadlines, along with effective communication skills.

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