Piramal - Chief Manager - Accounts Receivable

Company: Piramal Enterprises Ltd.

Designation: Chief Manager - Accounts Receivable

Location: Vikhroli, Mumbai

Key Roles/Responsibilities:

- Manage day to day operation of the Accounts Receivable department. Responsible for departmental functions such as customer master maintenance, Credit administration, collections (incl. collection of VAT forms), cash application processes, account reconciliations, general ledger entries, AR related management reporting, tax compliance and corresponding internal controls.

- Analyze cash application operating results. Report Key Performance Indicators (KPIs) to the business. Identify significant operational variances and determines reasons for variances.

- Carry out Customer Credit checks & make recommendations about selection or otherwise of the Customer and Credit limits & payment terms. Carry out periodic review of credit terms & limits and recommend changes required (if any).

- Ensure that systems and procedures are in compliance with company policies and applicable regulations. Implement new or revised cash application policies and procedures.

- Build and maintain strong relationships with business units/sites.

- Oversee both external and internal audit information gathering and reporting.

- Hire, train and manage the AR team. Develop and maintain a strong team environment and build strong competencies in the team.

Essentials:

- Relevant post qualification work-experience of 8-12 years mainly in BPO, KPO or Shared Services environment

- In-depth understanding of the order to cash value stream with relevant experience in management of end to end receivables process in SAP environment.

- Proficient in Written & spoken English

- Good listener with analytical mind

- Leadership and Team building skills

- Experience in handling functional Training for the receivables team.

- Strong exposure in creating a high performance-driven culture, employee engagement & customer centricity

Qualification: Accounting Graduate/Post Graduate with Professional Qualifications like CA or CMA or MBA