Assistant Manager

2 weeks ago

gurgaon, India Namshi.com Full time

Job Title: Assistant Manager - Accounts Receivable
Location: Gurugram, India
Reports To: Director of Finance / Controller
Department: Finance & Accounting
Job Type: Full-Time

Position Overview:
We are looking for a detail-oriented and proactive Assistant Manager to join our Accounts Receivable (AR) team. In this role, you will play a vital part in managing the company's cash flow by overseeing the timely collection of payments, maintaining accurate records, and ensuring customer satisfaction. You will be responsible for optimizing accounts receivable processes, and collaborating closely with sales, customer service, and finance teams to drive operational efficiency and reduce outstanding receivables.

Key Responsibilities:
Accounts Receivable Management: Oversee the accurate and timely processing of customer invoices, credits, and payments. Ensure that all customer accounts are properly managed, aged, and reconciled.
Cash Flow Monitoring: Monitor and manage the accounts receivable aging reports, ensuring the company’s cash flow is optimized by reducing overdue accounts and improving collection cycles.
Customer Communication: Serve as a key point of contact for customers regarding payment inquiries, disputes, and collections. Resolve issues promptly and professionally to maintain strong customer relationships.
Collections: Manage collection efforts for overdue accounts, including negotiating payment terms, setting up payment plans, and escalating overdue accounts to higher management or legal if necessary.
Reporting & Analysis: Prepare and present regular reports on accounts receivable status, aging trends, cash receipts, and bad debt forecasts to senior management. Provide insights into improving collection performance and reducing delinquencies.
Process Improvement: Identify opportunities for improving AR processes, such as automating invoicing, streamlining payment collections, and enhancing customer communication.
Month-End Closing : Assist with month-end closing processes, including reconciling AR balances, preparing journal entries, and ensuring that all transactions are accurately recorded in the general ledger.
Compliance: Ensure compliance with accounting standards, company policies, and legal regulations regarding accounts receivable and collections.
Audit Support: Support internal and external audits by providing required documentation and ensuring accurate records are maintained.

Qualifications:
Education: Bachelor’s degree in Accounting, Finance, Business, or a related field.
Experience: Minimum of 3–5 years of experience in accounts receivable.
Technical Skills: Proficiency in Microsoft Excel and accounting software.
Knowledge: Strong understanding of accounts receivable processes, cash applications, and financial reporting.
Attention to Detail: High level of accuracy and strong organizational skills to manage a large volume of transactions.
Communication Skills: Strong written and verbal communication skills with the ability to effectively interact with customers, internal teams, and senior management.
Problem-Solving: Strong analytical skills with the ability to assess situations and resolve issues promptly and efficiently.
Time Management: Ability to prioritize and manage multiple tasks and deadlines in a fast-paced environment.
Customer Service: Strong customer service orientation and the ability to manage difficult conversations with tact and professionalism.

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