Senior Manager Accounts Receivable

13 hours ago

madurai, India Covenant Consultants Full time

Company OverviewCovenant Consultants is a leading Executive Search and Recruitment Firm known for its unparalleled expertise in Human Capital. With over 350 recruitment specialists, our company excels in timely and quality service delivery across various industries including IT, Banking, Healthcare, and more. Headquartered in Chennai, Tamil Nadu, Covenant is driven by values like Purpose, Integrity, and Quality, ensuring that we meet and exceed the expectations of clients, candidates, and employees alike.Job OverviewWe are seeking a highly experienced Senior Manager Accounts Receivable to join our team in Madurai. This full-time senior-level position requires a minimum of 7 to a maximum of 10 years of relevant experience. The successful candidate will oversee accounts receivable operations and implement efficient procedures and strategies to optimize cash flow and credit risk management.Credit monitoringAssist in developing and monitor organization's Credit Risk Management policyPeriodically review the credit policy of existing customers in line with the company's objectives andstrategiesReview and put up for approval credit limits recommended by the sales team as per policy guidelinesAssessment of credit worthiness of potential and new customersMonitor and review Daily, Weekly, Fortnightly and Monthly MIS for Credit controlKeep a close track of collections and ensure over dues in the market are within permissible limitsDaily Collection Monitoring and DSO (daily sales outstanding) analysisMonitor and ensure timely recovery/settlements of outstanding of the companyCreate Escalation Matrix and Reporting for early warning signs of likely defaultersConstantly monitor company's Provision for Doubtful Debts and review the same with time boundaction planEnsure correct billing is generated on timely basis and submitted to customersTimely resolving of disputesAssist and work closely with the reporting Manager to ensure credit control and billing norms aremaintained across the companySALES & MARKETING SUPPORTAssist in preparation of sales and expenses budgets, and periodic monitoring and reporting onvariancesPreparation of proposals based on business modelsAssist in execution of agreements, and ensuring implementation of such agreementsAssist in pricing, discount or other relevant marketing scheme calculationsProvide necessary support to the Sales & Marketing Team for meeting the requirements of theInternal & External CustomersQUALIFICATION CA inter B.com/MBA from reputed institutionWith 8-12 years of experience in accounts receivable field.Contact Number Email id-

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