Financial Manager for Accounts Receivable and Revenue

4 weeks ago


Bengaluru, Karnataka, India InterviewBit Full time

Financial Manager for Accounts Receivable and Revenue

Scaler, India's leading tech education company, is seeking a skilled Financial Manager to oversee and optimize its Accounts Receivable and Revenue management processes. As a key member of the finance team, you will be responsible for supervising the AR team, ensuring timely collection of receivables, and maintaining accurate financial records.

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 onerous accounts
  • Resolve 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)
  • Preparation of 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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