Financial Manager for Accounts Receivable and Revenue

3 weeks ago


Noida, Uttar Pradesh, India InterviewBit Full time

About the Role:

The Finance Manager for Accounts Receivable and Revenue will be responsible for overseeing and optimizing the company's AR processes and revenue management. This role involves managing the AR team, ensuring timely collection of receivables, maintaining accurate financial records, and collaborating with other departments to support financial goals.

Key Responsibilities:

  • Supervise and lead the AR team
  • Collection mapping, invoicing, Accounting and reporting for revenue
  • Reconciliation of books with Customer Financing Partners, accounting for associated costs
  • Prepare and monitor aging report, manage collection to reduce onerdues
  • Resolves disputes and discrepancies with customers and customer financing partners promptly and professionally
  • Develop and implement AR policies and procedures to enhance efficiency and effectiveness
  • Ensure accurate and timely revenue recognition in accordance with relevant accounting standards (e.g., I-GAAP, IFRS, Ind-AS)
  • Preparing necessary schedules for periodic GST-1 statutory filing
  • Follow the company's Internal controls and ensure they are operating effectively within the organization
  • Support in statutory financial reporting, year-end Statutory Audit, Internal Audit, and Cost Audit
  • Collaborating with cross-functional teams for monthly handovers and follow-up on pending receivables
  • Assist the finance leadership on cost management, and improving collections

Requirements:

  • CA will be preferred
  • Prior experience of 2 to 4 years in the Revenue Assurance/Account Receivables Team and knowledge of Indian GAAP
  • Good knowledge of accounting software Tally
  • Strong in Excel and Google Sheets
  • Superior attention to detail with the ability to successfully manage multiple competing priorities


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