Accounts Receivable Lead

1 month ago

Noida, India Promaynov Advisory Services Pvt. Ltd Full time

Key Responsibilities:

Billing and Invoicing:

Ensure accurate and timely invoices for services are rendered to clients, adhering to established billing schedules and contractual terms.

Verify billing accuracy and ensure compliance with regulatory requirements and internal policies.


Collections Management:

Implement effective collections strategies to minimize outstanding receivables and reduce aging of accounts.

Proactively follow up on overdue invoices through phone calls, emails, and other communication channels.

Negotiate payment plans and settlements with delinquent clients while preserving positive relationships.


Reconciliation and Reporting:

Reconcile accounts receivable balances to ensure accuracy and completeness of financial records.

Prepare and analyze receivable aging reports, identifying trends and areas for improvement.

Provide regular updates and reports to management regarding receivable status, collection efforts, and financial performance.


Customer Relationship Management:

Serve as the primary point of contact for client inquiries and concerns related to billing and receivables.

Collaborate with sales and account management teams to resolve billing disputes and foster customer satisfaction.


Process Improvement:

Continuously evaluate and streamline receivable processes to enhance efficiency, accuracy, and productivity.

Recommend and implement system enhancements or automation tools to optimize receivable workflows.

Identify opportunities to strengthen internal controls and minimize the risk of revenue leakage or fraud.


Qualifications:


Bachelor’s degree in accounting, Finance, or related field; CA or equivalent certification is a plus.

Proven experience (10 years) in accounts receivable management, preferably in the aviation, real estate industry.

In-depth knowledge of billing principles, collection techniques, and accounting practices.

Proficiency in using accounting software (e.g., QuickBooks, SAP) and Microsoft Excel for data analysis and reporting.

Strong communication skills with the ability to interact effectively with clients, colleagues, and senior management.

Detail-oriented mindset with a focus on accuracy and problem-solving.

Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

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