Accounts Receivable Manager
- Employer
- Confidential
- Location
- Chennai Chennai Tamil Nadu, Tamil Nadu, India
- Salary
- Competitive Salary
- Closing date
- Sep 20, 2024
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- Job Role
- Accounts Receivable
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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About Company:
Pinnacle Group is a leading provider of workforce solutions and managed services. We specialise in delivering innovative solutions to meet the evolving needs of businesses, empowering organisations to optimise their workforce and achieve operational excellence!
About the Role:
We are looking for an Accounts Receivable Manager who will play a pivotal role in overseeing and directing the Accounts Receivable function. This role involves ensuring the efficient execution of essential AR tasks and processes while maintaining a hands-on approach. The position demands strategic thinking, strong leadership skills, and active participation in daily operational activities.
Responsibilities:
Qualifications:
Skills: Strategic Thinking, Cash Application, accounts receivable management , Interpersonal Skills, Financial Software, Analytical Skills, Communication Skills
Experience: 7.00-9.00 Years
Pinnacle Group is a leading provider of workforce solutions and managed services. We specialise in delivering innovative solutions to meet the evolving needs of businesses, empowering organisations to optimise their workforce and achieve operational excellence!
About the Role:
We are looking for an Accounts Receivable Manager who will play a pivotal role in overseeing and directing the Accounts Receivable function. This role involves ensuring the efficient execution of essential AR tasks and processes while maintaining a hands-on approach. The position demands strategic thinking, strong leadership skills, and active participation in daily operational activities.
Responsibilities:
- Billing Expertise: Managing the end-to-end billing process, ensuring accurate and timely invoicing based on client contracts and services rendered.
- Cash Application: Overseeing the efficient and accurate application of payments received from clients to their respective accounts.
- Accounts Receivable Monitoring: Analysing aging reports to track outstanding balances, initiating follow-ups for overdue payments, and resolving billing discrepancies and disputes in collaboration with internal stakeholders and clients.
- Credit Management: Evaluating client creditworthiness, establishing credit limits, and managing collections to minimise bad debt risks.
- Financial Reporting: Preparing and interpreting accounts receivable reports, metrics, and cash flow forecasts to provide insights into revenue recognition and aging trends.
- Process Improvement: Identifying opportunities to streamline billing processes, enhance cash application efficiency, and implement best practices in accounts receivable management.
- Compliance: Ensuring compliance with accounting standards, regulations (including GAAP), and company policies related to accounts receivable and cash application.
Qualifications:
- Experience: Minimum of 7 years in accounts receivable management within the staffing industry, emphasising expertise in billing processes and cash application.
- Skills: Proficiency in financial software and ERP systems (e.g., QuickBooks, SAP) for billing and payment processing, strong analytical skills, and attention to detail.
- Communication: Excellent interpersonal and communication skills to liaise effectively with clients, internal teams, and senior management.
- Problem-Solving: Ability to resolve billing discrepancies and disputes promptly and collaboratively.
- Team Collaboration: Demonstrated ability to work closely with sales, business development, and finance teams to ensure accurate revenue recognition and cash flow management.
- Strategic Thinking: Proactive mindset toward process improvement initiatives and operational efficiencies in accounts receivable and cash application functions.
Skills: Strategic Thinking, Cash Application, accounts receivable management , Interpersonal Skills, Financial Software, Analytical Skills, Communication Skills
Experience: 7.00-9.00 Years
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