Team Lead

4 weeks ago

Coimbatore, India Mold Masters Full time

Job Description

Roles and Responsibilities

- Position Summary:The Accounts Receivable Team Lead is responsible for overseeing the accounts receivable function, ensuring accurate cash application, timely collection of outstanding invoices, maintaining accurate records, and leading a team of AR associates
- The role involves developing, implementing, and maintaining efficient AR workflows, ensuring compliance with policies, and driving process improvements
- The ideal candidate will have strong leadership skills, attention to detail, and a solid understanding of accounting principles

Key Responsibilities:

- Supervise and mentor the accounts receivable team to ensure efficient and accurate processing of transactions
- Ensure timely invoicing and billing processes are maintained
- Ensure timely and accurate cash application to customer accounts
- Monitor accounts receivable aging reports and follow up on overdue accounts
- Resolve customer discrepancies and disputes related to billing
- Collaborate with sales, customer service, and finance teams to resolve account issues
- Prepare and analyze accounts receivable reports for management review
- Implement and improve AR processes to increase efficiency and reduce errors
- Publish key metrics, SLA and monthly review with Management
- Ensure compliance with company policies, accounting standards, internal controls and SOX
- Support audit and compliance requirements related to AR processes
- Assist in month-end closing activities related to receivables
- Monitor and maintain accurate records of customer payments and account statuses
- People Management: Train and guide staff members to enhance performance and development
- Conduct periodic performance evaluation and provide feedback to team members
- Prepare process documentation, control procedures, and training materials
- Ensuring back up plans during vacation/holidays

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