Classplus | Manager

About Us:

We are a revolutionary B2B Ed-Tech startup based out of Noida, India. We help educators and content creators embark on their digital teaching journeys by providing them with a platform that empowers them to seamlessly transition online, offering live classes, storage solutions, transaction features, content monetization, and much more – all in one super app.

We recognized the potential of educators and content creators, not just across India's tier 1 and tier 2 cities, but beyond, and became their secret “weapon of mass instruction”.

What sets us apart?

We thrived in the post-pandemic era. Today, we support a whopping 1 lakh+ educators and content creators from over 3,000 towns and cities. We have educators from test prep categories to new-age content creators teaching personal finance, cooking, digital marketing, organic farming, and many more, breaking barriers and reaching students globally using their own branded apps. Their growth has been meteoric, with some of them seeing revenue growth of more than 10X of what they did pre-Classplus.

We’re series-D funded and have marquee investors including Alpha Wave, Tiger Global, Sequoia Capital's Surge, Times Internet, Blume Ventures, and GSV Ventures put their faith in us.

Do you want to work with people who are creative, fun, and dynamic? Do you have what it takes to help us take this rocketship even higher? Find out below

What you will do:

The AP and AR Manager will oversee the end-to-end accounts payable and accounts receivable processes. Timely and accurate processing of invoices, payments, and collections…you’ll be required to do it all, while maintaining effective communication with vendors, clients, and internal teams.
As an AP and AR Manager, we’re counting on you to manage the cash flow, maintain accurate financial records, and ensure compliance with company policies and applicable regulations.
Here’s more details on what we’ll need from you: -

Accounts Payable (AP) Management:

Oversee the day-to-day operations of the AP team, including processing supplier invoices, ensuring accuracy, and managing approval workflows.
Ensure timely and accurate processing of vendor payments, taking advantage of discounts where applicable.
Monitor the aging of accounts payable and resolve issues related to vendor invoices and payments.
Maintain relationships with key vendors and handle escalated payment or invoice inquiries.
Reconcile AP accounts and prepare month-end AP reports.
Implement and maintain internal controls over the AP process.
Ensure compliance with all regulatory requirements, including tax and audit requirements.

Accounts Receivable (AR) Management:

Oversee the AR process, including invoicing, collections, and cash applications.
Monitor the aging of accounts receivable and follow up on overdue accounts to ensure timely collections.
Resolve discrepancies and disputes with customers related to billing and payment issues.
Work closely with sales, customer service, and finance teams to resolve outstanding issues and maintain strong customer relationships.
Prepare and analyze AR aging reports, cash flow forecasts, and bad debt reserves.
Implement policies and procedures to improve collection efforts and reduce days sales outstanding (DSO).
Ensure compliance with all internal policies and relevant accounting standards.

Leadership and Team Management:

Lead, mentor, and develop the AP and AR teams, providing training and performance evaluations.
Promote a culture of continuous improvement by identifying opportunities for process enhancements and automation.
Work closely with the finance leadership team to support financial audits, budgeting, and reporting processes.

Systems and Process Improvements:

Manage the implementation and maintenance of financial systems related to AP and AR functions.
Collaborate with IT and other departments to drive automation, improve efficiency, and ensure data accuracy.
Recommend and implement process improvements to streamline workflows, reduce errors, and enhance overall financial performance.

Reporting and Analysis:

Prepare and present regular reports on AP and AR performance, cash flow, and key metrics to senior management.
Assist in the preparation of monthly, quarterly, and annual financial reports.
Provide insights and analysis to support strategic decision-making related to vendor management, credit policies, and working capital optimization.

You should apply if you:

Are a seasoned veteran: Minimum of 4-6 years of experience in AP and AR management, with leadership or supervisory experience. CA is mandatory
Have all the tricks up your sleeve: Strong knowledge of accounts payable and receivable processes, including best practices, regulations, and internal controls and proficiency in accounting software (e.g., SAP, Oracle, QuickBooks, Zoho, Tally) and Microsoft Office Suite, particularly Excel.
Can thrive in pressure: Excellent organizational skills, with attention to detail and the ability to handle multiple tasks and deadlines.
Are a social butterfly: Strong leadership and team management skills, with the ability to motivate and develop team members.
Bring that X-factor: Strong analytical and problem-solving skills, with a focus on continuous improvement.
Are a real charmer: Excellent communication skills, both verbal and written, with the ability to interact with internal and external stakeholders at all levels.

Being a Part of the Clan

At Classplus, you’re not an “employee” but a part of our “Clan”. So, you can forget about being bound by the clock as long as you’re crushing it workwise. Add to that some passionate people working with and around you, and what you get is the perfect work vibe you’ve been looking for
It doesn’t matter how long your journey has been or your position in the hierarchy (we don’t do Sirs and Ma’ams) ; you’ll be heard, appreciated, and rewarded. One can say, we have a special place in our hearts for the Doers ❤
Are you a go-getter with the chops to nail what you do? Then this is the place for you.