Financial Operations Manager

3 weeks ago


Thiruvananthapuram, Kerala, India Allianz Full time
About the Role

We are seeking an experienced Financial Operations Manager to join our team at Allianz. This is a key role within our Finance department, responsible for overseeing the accounts receivable process and ensuring accurate and timely revenue recognition.

Key Responsibilities:

  • Oversight of the accounts receivable process, including invoicing, collections, and reconciliation.
  • Monitoring aging reports and follow-up on overdue accounts to ensure timely collection.
  • Implementation and maintenance of effective credit control policies and procedures.

Revenue Recognition:

  • Ensuring accurate and timely revenue recognition in accordance with company policies and accounting standards.
  • Review of contracts and agreements to determine appropriate revenue recognition treatment.
  • Collaboration with the sales and legal teams to resolve any revenue-related issues.

Financial Reporting and Analysis:

  • Preparation and analysis of monthly, quarterly, and annual financial reports related to AR and revenue.
  • Providing insights and recommendations to management based on financial analysis.
  • Assistance in the preparation of budgets and forecasts.

Internal Controls and Compliance:

  • Maintenance and improvement of internal controls related to AR and revenue processes.
  • Ensure compliance with company policies, accounting standards, and regulatory requirements.
  • Assistance with internal and external audits by providing necessary documentation and explanations.

Process Improvement:

  • Identification of opportunities for process improvements and implementation of best practices in AR and revenue management.
  • Leveraging technology to enhance efficiency and accuracy in financial processes.
  • Training and mentorship of team members on AR and revenue processes and policies.

Estimated Salary Range: $90,000 - $120,000 per year

This salary range is based on industry standards and takes into account the level of experience required for this role. We offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.



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