Parle Global Technologies

2 weeks ago

VasaiVirar, India PARLE GLOBAL TECHNOLOGIES PVT. LTD Full time

Position: Assistant Manager - Payment Collection. Location: Vasai Mumbai. Experience Required: Minimum 5 - 7 Years. Qualification: B.Com / M.Com. Key Responsibilities: - Ensure timely payment collection from customers post supplies.. Coordinate with the Accounts Team for reconciliation of accounts, ledgers, advances, and outstanding balances.. - Conduct regular reviews with regional coordination teams to strengthen support systems for payment collection.. Guide and mentor collection coordinators on payment follow-ups, data management, and reporting.. Maintain strong communication and drafting skills for professional correspondence with clients and internal stakeholders.. Required Skills & Competencies : - Proficiency in MS Excel, Tally, and SAP.. - Working knowledge of GST, banking processes, and financial documentation.. - Excellent analytical, communication, and interpersonal skills.. - Ability to handle multiple accounts, monitor receivables, and drive results under timelines.. - lead team to streamline collection processes, provide leadership support to collection team, set targets, follow up and drive AR reporting to Finance and Sales Leadership.- Own the AR, Credit and Collection closing process: AR accounting, Credit management, Allowance files, Cash forecasting, account reconciliations, etc.- Set and drive AR performance to establish business goals; regularly achieve DSO, cash flow and % current targets.- Recruit, hire, lead, train, coach and develop a talented staff to achieve business objectives in alignment with current and anticipated growth.- Review uncollectible outstanding with team and support on dispute resolution.- Manage cash application process and ensure accuracy and timeliness as per set standards.- Drive innovation to continually assess workflow processes and implement improvements that deliver a high impact.- Develop, support and drive credit policy, implement processes to minimize risk and gain broader business buy-in.- Lead the collaboration effort with cross-functional departments (i., Treasury, Operations, Tax, Accounting, Sales, etc.) to remove process roadblocks to ensure effective credit and collection best practices.- Review month-end reconciliations of accounts receivable accounts and assess and recommend allowance for doubtful accounts balance.- Develop and maintain best-in-class cross-functional credit and collection processes and controls; work closely with Sales and Customer Success teams to continuously identify and remediate process inefficiencies AR Collections. (ref:iimjobs.com)

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