Financial Leadership Role
3 weeks ago
Job Purpose
Lead Accounts Receivable will be responsible for managing the Accounts Receivables, managing company owned brand stores & workshops, and managing regional commercials roles of Royal Enfield. The incumbent will bring in more governance and rigor into the Controllership function by ensuring maintenance of effective controls and implementing a continuous improvement process.
Key Responsibilities
- Lead and oversee the day-to-day management of all aspects of the Accounts Receivable (AR) function, year-end review/audit, insurance, and external compliance.
- Drive excellence in stewardship of financials by proactively planning and executing internal audits and open points closure within agreed turn-around-time (TAT).
- Oversee controllership MIS with timely publishing of actuals backed with insights, forecasting results, and creating reports.
- Monitor time recording and reporting of correct revenue/receivable for all business lines (Motorcycle, Spares, Apparel/Genuine Motorcycle Accessories/Finance Income/Service Products).
- Support business improvement processes such as billing through Depots, setting up of new Warehouse/relocation projects.
- Evaluate and develop a plan for setting up retail insurance brokerage and to improve Transit claims within TAT.
- Maintain internal controls by preparing end-to-end SOP and control documents for systems linked to SAP.
- Implement Digitization/automation projects, thereby moving towards a fully digitized and tech-driven function.
- Mentor, coach, and lead the controllership AR team, attract, plan future manpower needs, and drive employee engagement while providing learning and development opportunities.
- Ensure closure of Dealer issues (Credit note, Debit Note, Incentive, GST Queries) within timeline.
- Ensure that all accounts receivable procedures are in compliance with legal regulations, including timely return filing and implementing statutory changes such as e-invoice or new TDS rules whenever notified.
- Ensure compliance with GST statutory requirements in AR function.
- Ensure monthly book closing activities are completed within agreed timelines and provide variance explanations.
- Undertake periodic balance sheet review of revenue-related GLs.
- Manage commercial activities at company-owned brand stores, workshops, and depots.
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