15h Left: Accounts Receivable Assistant Manager
6 days ago
Conceived in 1994, it aims to make parenting a more joyful journey. From a single-store outlet to now being a Pan India entity with more than 100 outlets, The company currently is a 200-crore empire that is home-grown.
Roles & Responsibilities:
- Generation and Preparation of bills of unpaid statements from the system and follow-up for payment against overdue and regular invoices.- Regularly sending reminders to customers for payments overdue/outstanding- To perform reconciliation of invoices and prepare AR reports of payments.- Coordinating with the team to resolve the issues related to Invoices /Debit-credit disputes.- To perform day-to-day financial transactions, verifying and classifying, and recording accounts receivables data.- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.- Creation and implement strategies to increase the number of successful collections on outstanding debt.- Monitoring and generating debtor’s reports such as ledger, unpaid statement, sales & collection report, ageing report etc to identify overdue payments.- Oversee the collection of outstanding invoices to minimize profit loss while ensuring it is handled appropriately and as per company policy.- Preparing Collection targets weekly for regular and disputed customers as per their payment terms and conditions.- Processing and refunding the advance or excess payment made by customer.- Arranging and taking weekly review meeting with related internal departments to achieve the collection target.- Responsible to review account allocations and collections targets by the bucket to stakeholders/in-house team- Coordinating and interaction with legal team to ensure legal action is taken on specified/disputed cases- Maintain relationships with key and regular clients to ensure timely collections are made.- Maintain strong working relationship and reduce the number of clients who stop working the company.- The key responsibility of the role is to identify suitable tactics or strategies for timely collections.- On regular basis checking supply credit limit of all customers, controlling and managing limits to maintain the accuracy as per company policy.
Skills:
- Proven work experience as an Accounts Receivable Manager or Supervisor- Hands-on experience with accounting software- Familiarity with advanced formulas in MS Excel- Excellent analytical skills and ability to create and present detailed reports.- Ability to accurately process numerical data- Team management and negotiation skills- Problem-solving attitude and Confidentiality
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