Parle Global Technologies

4 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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