Financial Manager for Accounts Receivable and Revenue
4 weeks ago
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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