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Deputy Manager-Accounts Receivable

Employer
Confidential
Location
Mumbai Mumbai Maharashtra, Maharashtra, India
Salary
Competitive Salary
Closing date
Aug 15, 2024
View more categoriesView less categories
Job Role
Management Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Overview

The Accounts Receivable (A/R) Deputy Manager -Collections is directly responsible for collections & customer follow-ups besides assisting the Manager in several other aspects of Credit Management. His / Her responsibilities include collections follow up, maintaining customer ledgers, handling pre-payments from the customers, resolving account irregularities, periodic customer account reconciliations and balance confirmations.

REPORTING STRUCTURE:

Role reports to the Chief Manager

QUALIFICATION

M. Com/B. Com

EXPERIENCE:

Minimum of three (3) years relevant experience

SKILLS AND COMPETENCIES

Knowledge of Accounts Receivables, Credit Management

Strong knowledge in SAP & Excel

Familiar with Banking Regulations & Treasury functions

Good Communication Skills

Roles & Responsibilities

Collection follow-ups with domestic and international customers to ensure timely collection of payments

Conduct credit checks, Monitoring Credit Blocks, adhere to credit policy of the company

Negotiate with clients in non-payment cases

Prepare monthly, quarterly, annual and ad-hoc forecasting reports for management

Prepare DSO and various other MIS reports

Investigate and resolve billing discrepancies or misapplied cash transactions.

In-depth analysis and working on financial information related debtors & sales reports

Review all credit balances, refunds, and adjustments and apply adjustments and/or corrections to appropriate billing records.

Collaborate & Communicate with internal & external stakeholders especially customers, Sales, BD, Supply chain & Finance teams as necessary.

Continuously work to improve A/R processes through technology, automation or quality improvements

Maintain a proper filing system for all financial documents as part of records management.

Responsible for adhering to the job policies and meet the SLAs on daily basis and respond to Customer queries on timely manner.

M. Com/B. Com

Skills: Communication Skills, Sap, Credit Management, Accounts Receivables, treasury functions, Excel

Experience: 3.00-5.00 Years

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