Senior Finance Leader for Accounts Receivable and Payable Management
1 week ago
We are seeking a highly skilled Finance Manager to lead our accounts receivable and payable management processes. With a proven track record in finance, you will be responsible for overseeing the entire accounts receivable process, ensuring timely and accurate invoicing, recording, reconciliations, collections, and monthly closings.
Key Responsibilities:
- Oversee and manage the entire accounts receivable process, ensuring timely and accurate invoicing, recording, reconciliations, collections, and monthly closings.
- Monitor and report on accounts receivables/payables periodically.
- Develop and implement strategies to optimize cash flow and reduce outstanding receivables.
- Continuously assess and enhance accounts receivable/payable processes to improve efficiency, accuracy, and overall financial performance.
- Manage accounts receivable, accounts payables, including cash collection, discrepancy resolution, and timely customer communications.
- Maintain records of sales, receivables, payables, security deposits, and process refunds as necessary.
- Prepare and reconcile data with respect to Income Tax, GST, and other applicable regulatory acts across group companies.
- Maintain reconciliations with inter-companies and other relevant business parties.
- Provide accurate and efficient management information system (MIS) reports as required by management and team members.
- Offer financial insights and recommendations to support management decision-making.
Requirements:
- MBA in Finance, Accounting or a related field with at least 2 years of experience in Accounts Receivable/Payable management.
- Degree in Finance, Accounting, or a related field with at least 3 years of experience in Accounts Receivable/Payable management.
- Prior experience with a renowned startup.
- Strong understanding of financial principles, accounting regulations, and industry best practices.
- Working knowledge of Income Tax, GST, Companies Act, and other applicable regulatory acts.
The salary range for this role is approximately ₹40,00,000 - ₹60,00,000 per annum, depending on qualifications and experience. The company offers a comprehensive benefits package, including health insurance, retirement plans, and opportunities for professional growth and development.
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