FinAdvantage - Assistant Manager/Manager - Accounts Receivable - CA

Role and Responsibilities :

We are seeking a detail-oriented and experienced Assistant Manager/Manager for our team. If you have a strong analytical mindset, we invite you to join our dynamic team.

Education:- CA or Semi qualified

Experience- 3-8 Years

JD for Manager/Assistant Manager - Accounts Receivable

Team Management:

- Lead and supervise a team of AR specialists, assigning tasks, providing training, and evaluating performance to achieve collection targets.

- Motivate and develop the AR team to optimize efficiency and productivity.

Payment Collection:

- Monitor outstanding invoices and proactively contact customers regarding overdue payments.

- Implement effective collection strategies to recover outstanding receivables, including escalations and debt recovery procedures.

Credit Management:

- Analyze customer payment history to identify potential credit risks.

Invoicing and Billing:

- Review invoices for accuracy before sending to customers.

- Ensure timely and correct invoice generation and distribution.

- Monitor and address any discrepancies or billing issues.

Financial Reporting and Analysis:

- Generate regular reports on AR performance, including aging analysis, collection metrics, and key performance indicators (KPIs).

- Identify trends and areas for improvement within the AR process.

- Analyze customer payment patterns and recommend adjustments as needed.

Compliance and Controls:

- Ensure adherence to all relevant accounting standards and regulations regarding AR procedures.

- Implement and maintain internal controls to safeguard the accuracy and integrity of AR data.

Required Skills and Qualifications:

- Strong Accounting Knowledge: Thorough understanding of accounting principles, specifically related to accounts receivable.

- Excellent Communication Skills: Ability to effectively communicate with customers, both verbally and in writing, to resolve payment issues.

- Analytical Skills: Capability to analyze financial data and identify trends to make informed decisions regarding credit management and collection strategies.

- Leadership Abilities: Proven experience in managing and motivating a team to achieve goals.

- Problem-Solving Skills: Ability to identify and resolve complex AR issues efficiently.

- Proficiency in Accounting Software: Expertise in using ERP systems and related accounting software to manage AR functions.

Relevant Experience:

- Proven work experience as an Accounts Receivable Manager or Supervisor

- Hands-on experience with Accounting software (preferably Oracle NetSuite)

- Familiarity with advanced formulas in MS Excel

- Excellent analytical skills along with the ability to create and present detailed reports

- Ability to accurately process numerical data

- Team management and negotiation skills

- Problem-solving attitude