Senior Manager

What is TravelPlus (FabHotels)

TravelPlus is India's leading cloud-based corporate travel and expense management platform. Trusted by 1000+ high-growth companies in India, Travel Plus is the only corporate travel product in India that offers world-class tech with best-in-class travel concierge, available 24x7 365 days a year.

With a backing of 10+ years of hospitality experience running FabHotels, India's biggest and the most preferred premium economy hotels chain with 1800+ hotels in 75+ cities and catering to 2000+ corporate & SME clients, we understand the critical role that both technology and people play in delivering superior corporate travel experiences

If you have an eye for simple, intuitive and elegant design, if you love the journey of discovery through iteration and have relentlessly high standards for delivering innovative and ground breaking products, we have the perfect job for you

Job Title : Senior Manager - AR and AP

Heading Day to Day operations for AR and AP:

- Oversee the day-to-day operations of the accounts payable department and B2C revenue and AR, including vendor payments, Collections and reconciliation activities. Also doing cash to revenue reconciliation and cash to expense/payable reconciliation on monthly basis.

- Owning the complete end to end AR/O2C Process.

- Build and maintain strong relationships with customers, addressing any billing or payment concerns promptly professionally. Collaborate with sales and customer service teams to resolve customer disputes and issues.

- Supervise and mentor a team of accounts receivable clerks or specialists, providing guidance, training, and performance evaluations. Delegate tasks, set targets, and ensure the team's adherence to departmental goals objectives.

- Continuously review and improve accounts receivable processes, systems, and procedures to enhance efficient, accuracy. Implement automation tools or software solutions to streamline workflows and reduce manual efforts.

Analysis - Revenue and AR:

- Implement and enforce effective credit and collections policies to ensure timely payment from customers. Monitor and track overdue accounts, follow up with customers, and negotiate payment plans or settlements when necessary.

- Monitor cash flow by analyzing accounts receivable aging reports, identifying potential risks, and developing strategies to minimize bad debt and maximize cash collections.

- Identify any potential revenue leakage, margin monitoring etc and implement the process to bridge the gaps.

Reporting KPIs:

- Prepare and analyze accounts receivable reports, metrics, and KPIs for management and financial reporting purposes. Provide insights and recommendations based on the analysis to support decision-making.

- Publishing various dashboards for Management including but not limited to (ageing report, old provisioning, revenue, growth, cash flows, etc).

- Ensure compliance with relevant accounting standards, regulations, and internal control policies related to Accounts receivable and credit management.

- Suggesting accounting of new business transactions in line with applicable accounting standards. Liasioning with Big 4 Auditors on timely closure of Audits for Revenue, AR & Collections

- Preparing the monthly MIS after closing books of account on timely basis.

- Preparing quarterly and yearly financials as per Ind-AS. Will also be involved in quarterly Limited Reviews. Manage IPO process.

- Driving automation for revenue and receipts transactions with coordination with Business Team and Tech Team based on Finance requirements.

- Responsible for monthly balance sheet schedules including GL to Sub-GL reconciliation with ageing Candidates excited to build strong automated processes and drive the related outcomes are preferred for the CA with 4-6 years of work experience in the Travel Industry / B2B setup. Candidates with Big4 experience will be preferred.

- Experience in IFRS/Ind-AS is a must.

- Strong analytical skills and a data-driven decision-making mentality